On May 5, General Motors appointed Duncan Aldred as senior vice president and president of North America, effective immediately.

GM names Duncan Aldred President of North America to strengthen sales, customer focus

Jaelyn Campbell - May 6, 2025

On May 5, General Motors appointed Duncan Aldred as senior vice president and president of North America, effective immediately. Aldred, who most recently served as vice president of commercial growth strategies...

Headlines EVs & Technology

Rivian is investing nearly $120 million to construct a new 1.2 million-square-foot supplier park near its manufacturing facility in Illinois.

Rivian to build $120M supplier park in Illinois, backed by $16M state incentive

CBT News Editorial Team - May 6, 2025

Electric vehicle manufacturer Rivian is investing nearly $120 million to construct a new 1.2 million-square-foot supplier park near its manufacturing facility in Normal, Illinois. The project, announced Monday alongside Illinois...

Headlines EVs & Technology

On May 2, Transportation Secretary Sean Duffy told employees that he is planning to reduce the department’s workforce

Transportation Secretary plans to cut workforce by end of May under Trump’s efficiency push

Jaelyn Campbell - May 5, 2025

Speaking at a department town hall on May 2, Transportation Secretary Sean Duffy announced that the Department of Transportation will carry out a reduction in force (RIF) at the end...

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Volvo reports 11% drop in April sales amid slumping EV demand

CBT News Editorial Team - May 5, 2025

Volvo reported on Monday that its sales for April had significantly declined, revealing an 11% drop compared to the previous year. The Swedish automaker sold 58,881 vehicles last month, marking...

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GM will eliminate one of three shifts at its Oshawa, Ontario, plant, cutting roughly 700 jobs as it adjusts to President Trump's tariffs.

GM cuts shifts in Ontario plant, impacting 700 jobs due to auto tariffs

Jaelyn Campbell - May 5, 2025

General Motors (GM) will eliminate one of three shifts at its Oshawa, Ontario, plant, cutting roughly 700 jobs as the automaker adjusts its North American operations in response to President...

Headlines Articles

Tesla cuts financing rates on new Model Y in U.S. amid demand concerns

Jasmine Kiniklis - May 5, 2025

Tesla is offering discounted financing rates for the newly refreshed Model Y in the U.S. as part of its continued efforts to revive softer-than-expected consumer demand. The new incentive features...

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Jaguar Land Rover has resumed shipping vehicles to the U.S. after a nearly month-long halt triggered by President Donald Trump’s 25% tariff

Jaguar Land Rover resumes U.S. shipments after tariff-related halt

CBT News Editorial Team - May 5, 2025

Jaguar Land Rover (JLR)has resumed shipping vehicles to the United States after a nearly month-long suspension triggered by President Donald Trump’s 25% tariff on imported cars and light trucks. The first...

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Audi maintains 2025 financial outlook despite profit drop

Jasmine Kiniklis - May 5, 2025

Audi will maintain its full-year financial outlook for 2025 despite profit drops and the uncertainty caused by the United States's automotive tariffs. The automaker projects revenue of $76.28 billion to...

Articles EVs & Technology

Ford reported a 16% increase in U.S. auto sales for April, driven by strong demand for pickup trucks and aggressive discounting.

Ford sees 16% surge in auto sales amid robust pickup truck demand

Jaelyn Campbell - May 2, 2025

On May 1, Ford reported a 16% increase in U.S. auto sales for April, driven by strong demand for pickup trucks and aggressive discounting through its employee pricing program. However,...

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Stellantis extends employee pricing through June 2, joining Ford in using discounts and ads to counter tariff-driven sales pressure.

Stellantis extends employee pricing program through early June

Jasmine Kiniklis - May 2, 2025

Stellantis announced an extension of its "Employee Pricing for All" program on Thursday. The program offers consumers an employee discount rate, which will continue through early June. The program aims...

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Headlines

GM names Duncan Aldred President of North America to strengthen sales, customer focus

Rivian to build $120M supplier park in Illinois, backed by $16M state incentive

Transportation Secretary plans to cut workforce by end of May under Trump’s efficiency push

Volvo reports 11% drop in April sales amid slumping EV demand

GM cuts shifts in Ontario plant, impacting 700 jobs due to auto tariffs

Tesla cuts financing rates on new Model Y in U.S. amid demand concerns

Jaguar Land Rover resumes U.S. shipments after tariff-related halt

Audi maintains 2025 financial outlook despite profit drop

Ford sees 16% surge in auto sales amid robust pickup truck demand

Stellantis extends employee pricing program through early June

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