Your #1 source for auto industry news and content

Ford and Tesla partner up, Hyundai announces new EV battery plant, Subaru dealership makes record donation

Inside Automotive 

Chief Operating Officer of Hire Heroes USA, Ross Dickman, discusses the importance and benefits of recruiting veterans and their spouses.Why your car dealership should consider recruiting veterans — Ross Dickman | Hire Heroes USA
In honor of Memorial Day this year, we want to celebrate, honor and also highlight an organization that is helping America’s heroes daily. Hire Heroes USA is a non-profit organization that helps thousands of veterans and their spouses find employment. We’re pleased to welcome Chief Operating Officer of Hire Heroes USA, Ross Dickman, to discuss the importance and benefit of recruiting veterans and their spouses today. Watch the full segment here.

Top stories

In a significant stride toward cleaner energy initiatives, Hyundai and LGES have announced their joint plans to establish a cutting-edge electric vehicle (EV) battery plant in Georgia, marking another significant addition to the state’s clean energy infrastructure. Seizing the opportunity to leverage advantageous tax credits, Hyundai and LGES are set to commence construction of the facility in the latter half of 2023. It’s worth noting that vehicles from Hyundai and its sister company Kia are not currently eligible for these tax credits. Read More

Rival automakers Ford and Tesla reveal a new strategic partnership that could permanently change EV charging infrastructure for drivers.Rival automakers Ford and Tesla revealed a surprising new strategic partnership that could permanently change electric vehicle charging infrastructure for drivers. In a joint announcement on May 25, Ford CEO Jim Farley and Tesla CEO Elon Musk discussed an agreement allowing current Ford owners access to Tesla’s network of 12,000 superchargers. This integration means that Ford EVs fitted with the Combined Charging System (CCS) port will have direct access to Tesla’s V3 Superchargers with the use of an adapter as early as next year. Read More

Capitaland Subaru owners Regina Grego and Al Rulu have supported the Animal Protective Foundation for an astounding 25 years.
Regina Grego and Arianna Hirschman present the Animal Protective Foundation with a $68,000.00 donation from the Subaru Share the Love Event. Image source: APF website

Auto dealers are often recognized for their commitment to corporate social responsibility and giving back to their local communities. Capitaland Subaru, in Glenville, New York, recently made a record-breaking donation of $68,000 to the Animal Protective Foundation (APF), a non-profit animal shelter serving the local area. Subaru of America‘s Share the Love event made this substantial contribution possible, with $400 donated for every vehicle sold during the campaign. Read More

For Dealers 

7 Key ingredients for dealership-wide accountability
One of the most difficult yet important tasks for business leaders is finding ways to hold their staff accountable. From employees who have worked at a dealership for decades to those just starting out, it is imperative to make sure they are all efficiently completing their assigned tasks and contributing to the team as much as possible. The following list includes seven key ingredients for dealership-wide accountability. Read More

11 tips for managing dealership finances
Owning an automotive dealership includes making important financial decisions that can affect your business’ growth and success. Financial management skills are essential for achieving stability and growth, minimizing risks, and making decisions based on accurate data. Selling an automobile can be more nuanced than just providing a good product. The add-ons can range from accessories to new car loan benefits and discounts which are accounted for when a sale is made. Read More

Stay up to date on exclusive content from CBT News by following us on Facebook, Twitter, Instagram and LinkedIn.

Don’t miss out! Subscribe to our free newsletter to receive all the latest news, insight and trends impacting the automotive industry.

CBT News is part of the JBF Business Media family.
CBT News
CBT News
For over 10 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

Related Articles

Latest Articles

From our Publishing Partners