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Electric vehicles and other high tech cars are exciting to drive but can be expensive to repair, leading some insurers to hike premiums.

High stakes as new EV makers burn cash and seek lifelines

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Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027.

Automotive weekly roundup: Nissan targets growth, online sales rise, Hyundai Invests...

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Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027. CarGurus reports...
Jack Kain, founder of Kain Family Ford and former NADA Chairman has passed away at the age of 94.

Dealer Jack Kain, former NADA chair, passes away at age 94

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Jack Kain, legendary Ford dealer, founder of Kain Family Ford, and former Chairman of the National Automobile Dealers Association (NADA), passed away March 26,...
On March 27, Ally Financial announced that Michael G. Rhodes will become it's new CEO, effective April 29, 2024 & will serve on its board.

Ally Financial names Michael G. Rhodes as new CEO

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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 is set to cut prices across its 2023 Ocean electric SUV lineup, hoping to spur sales as the threat of bankruptcy looms.

Fisker aggressively cuts Ocean SUV prices, looks to avoid bankruptcy

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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 is investing billions into electric vehicles to boost production and research, despite widespread disillusionment with the market.

Hyundai “doubling down” on electrification with $50 billion investment

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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...