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CBT automotive newscast: May 10, 2022

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Inside Automotive: How to help car buyers avoid information overload and make purchase decisions In today’s world of social media and unlimited access to information, car...
Nikola

Nikola Corp. on track to meet production goals for 2022

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Nikola Corp. announced last week that it would likely be meeting its delivery projections of between 300 and 500 vehicles this year, citing its...

CBT automotive newscast: May 9, 2022

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  Inside Automotive: GNYADA Pres. Mark Schienberg on electric cars, OEM direct sales, and the New York Auto Show Today on Inside Automotive, we’re pleased to welcome...

Supply chain update: Not enough chips for chipmaking machines

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In a strange catch-22, chipmakers are running out of the chips needed for their chipmaking machines. And it's going to affect everyone unless priorities...
U.S. Department of Energy

U.S. Department of Energy allocates $45M to EV battery development

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The U.S. Department of Energy announced this week that it would be allocating $45 million to develop electric vehicle batteries that will be more affordable and...

CBT automotive newscast: May 6, 2022

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Inside Automotive: Adam Marburger shares valuable F&I tips and key ideas from his brand new book Do you get in your own way? It can be...
Volvo

Volvo announces a 25% drop in sales for April

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Volvo Car Group said this week that its sales for April totaled 47,150, down 24.8% year-over-year. Overall, sales dropped 47.8% in China, U.S. sales fell by...

CBT automotive newscast: May 5, 2022

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Inside Automotive: Florida dealer AJ Hiers on the future of the franchise dealership model Is the franchised dealer structure coming under attack? Today on Inside Automotive,...
service department

Elevating service department productivity and profitability with Xtime’s Skyler Chadwick

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Did you know that $214 billion in revenue is available to capture by dealership service providers? Service departments that are looking to dial up more...

U.S. government to allocate over $3 billion to EV battery manufacturing

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On Monday, U.S. government officials said that over $3 billion of last year's $1 trillion infrastructure bill would be put towards electric vehicle (EV) battery...