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OUR LATEST POSTS
High stakes as new EV makers burn cash and seek lifelines
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Automotive weekly roundup: Nissan targets growth, online sales rise, Hyundai Invests...
Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027. CarGurus reports...
Dealer Jack Kain, former NADA chair, passes away at age 94
Jack Kain, legendary Ford dealer, founder of Kain Family Ford, and former Chairman of the National Automobile Dealers Association (NADA), passed away March 26,...
Ally Financial names Michael G. Rhodes as new CEO
On March 27, Ally Financial announced that Michael G. Rhodes will become the company's new CEO, effective April 29, 2024. At that point, Ally...
Fisker aggressively cuts Ocean SUV prices, looks to avoid bankruptcy
Electric vehicle startup Fisker is making aggressive price cuts across its 2023 Ocean SUV lineup as it grapples with an increasingly dire financial situation...
Hyundai “doubling down” on electrification with $50 billion investment
Hyundai Motor Group will invest $51 billion to increase the scale of its electric vehicle operations, "doubling down" on the battery-powered car segment even...