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Ford adjusts Michigan battery plant strategy, Lucid debuts electric SUV, Toyota Lexus teams up with Salvation Army

Inside Automotive 

Fernando Varela joins Inside Automotive to discuss strategies for improving diversity in the retail automotive workforce.Actionable steps to improve diversity within the dealership — Fernando Varela | Varela Group
National Hispanic Heritage Month is a time to celebrate diversity and reflect on the culture and contributions of the Hispanic community. Within retail automotive, Hispanic Americans make up 18% of U.S. new vehicle purchases, according to S&P Global, underscoring the need for better representation within the car business. On this episode of Inside Automotive, host Shyann Malone is joined by Fernando Varela, CEO and president of Varela Group and past chairman of the National Association of Minority Automobile Dealers (NAMAD). Watch the full segment here.

Top stories

Ford s reducing its plans for a $3.5 billion battery facility in Michigan due to the slower-than-anticipated shift towards electric vehicles.
Ford Executive Chairman Bill Ford | Michigan Live

Detroit automaker, Ford, is reducing its plans for a $3.5 billion battery facility in Michigan due to the slower-than-anticipated change in consumer preference toward electric vehicles, rising labor costs, and cost-cutting measures taken by the company. On November 21, Ford announced that it would reduce the number of jobs it expects to create from 2,500 to 1,700 and reduce its manufacturing capacity by roughly 43% to 20 gigawatt hours annually. Read More

Lucid has ventured into the lucrative and competitive SUV industry with its debut, the Gravity, built on the same platform as its Air sedan.
2025 Lucid Gravity | Car and Driver

The California-based startup Lucid has ventured into the lucrative and fiercely competitive SUV industry with its debut offering, the Gravity, built on the same platform as its Air sedan. Lucid claims that the SUV can have a range of 440 miles and reach 60 mph in less than 3.5 seconds. It is anticipated to go into production in late 2024 at a starting price of $80,000. Read More

The growing issue of food poverty that families nationwide encounter during the Thanksgiving holiday was addressed by TLMODA.The growing issue of food poverty that families nationwide encounter during the Thanksgiving holiday was addressed by The Salvation Army and the Toyota Lexus Minority Owners Dealership Association (TLMODA), as their collaboration was extended once again. On the Fourth Day of Service, more than 3,400 food boxes containing non-perishable supplies such as cereal boxes and canned goods were distributed at several participating Toyota dealerships nationwide. Read More

For Dealers 

AI technologies shouldn’t be used as isolated systems. But instead, as an integral component of your fixed ops department’s overall approach.Using AI to drive more fixed ops revenue
The fixed ops department is the lifeblood of most dealerships. But this vital profit center continuously faces challenges from rising customer expectations, ever-changing vehicle technology, and competitive pressures. Exploring optimization strategies is a logical approach to maintaining and boosting revenue. Read More

It's time to revamp your sales team's performance and drive your dealership sales to new heights. Act now to invest in their training.Drive your dealership sales to new heights: The power of ongoing training
Talk with any sales manager, and they’ll say that a dealership sales success is built on the foundation of its sales department. And it’s tough to disagree with that. Often, the salesperson is the first voice of the dealership and will make or break anything that comes after that contact. Read More

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Jaelyn Campbell
Jaelyn Campbell
Jaelyn Campbell is a staff writer/reporter for CBT News. She is a recent honors cum laude graduate with a BFA in Mass Media from Valdosta State University. Jaelyn is an enthusiastic creator with more than four years of experience in corporate communications, editing, broadcasting, and writing. Her articles in The Spectator, her hometown newspaper, changed how people perceive virtual reality. She connects her readers to the facts while providing them a voice to understand the challenges of being an entrepreneur in the digital world.

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