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Volkswagen (VW) CEO Thomas Schafer announced plans to introduce more plug-in hybrids alongside their ID.4 electric crossover.

VW CEO plants to introduce more plug-in hybrids as EV demand...

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At the London Financial Times Future of the Car conference, Volkswagen (VW) CEO Thomas Schafer announced plans to introduce more plug-in hybrids alongside their...
Hyundai Capital America allegedly repossessed 26 cars whose owners had started making loan payments before reporting for active service.

Hyundai, Kia settle U.S. charges for unlawful repossessing service members’ vehicles

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The American financing division of Hyundai and Kia has agreed to pay $334,941 to resolve allegations that it unlawfully repossessed vehicles that belonged to...
According to a recent report by iSeeCars.com, gas-powered vehicles that are three years old are driven an average of 12,813 miles per year.

Report shows EVs driven 20% less than gas-powered cars, resulting in...

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According to a recent report by iSeeCars.com, gasoline-powered vehicles that are three years old are driven an average of 12,813 miles per year. In...
Cars.com 2024 list of best-value new cars has been updated to include a wider range of vehicles, such as compact cars & various SUV sizes.

New-car inventory rises and best-value cars for 2024 revealed, Cars.com report

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According to the most recent Cars.com report, new-car inventory is on the rise—particularly in the under $30,000 segment—marking a significant recovery. Vehicles now average...
Dealers have received reimbursement from point-of-sale customer EV tax credit payments in advance, according to a Treasury report.

Treasury reports U.S. auto dealers get $580M in advance EV tax...

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Since January 1, auto dealers have received reimbursement from the U.S. government for nearly $580 million in advance point-of-sale customer electric vehicle (EV) tax...
Factory workers at Mercedes-Benz's Alabama assembly plant want to file a petition to become United Auto Workers (UAW) members soon.

Mercedes-Benz workers at Alabama plant set to file petition for UAW...

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As early as this week, factory workers at Mercedes-Benz's Alabama assembly plant want to file a petition to become United Auto Workers (UAW) members,...

March sales cool, BYD sales plunge, Tesla consideration declines

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CBT Now Experian’s finance report shows increasing consumer preference for EVs – Melinda Zabritski | Experian Experian’s latest State of the Automotive Finance Market Report indicates that an...

Q1 sales jump, consumers pick Honda, Ford cuts Lightning team

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Inside Automotive Why the used vehicle market is changing dealership inventory strategies — Seth Rosen | Subaru of Jacksonville The used vehicle market is under close...
Automotive Ventures invests in AI and robotics to reduce mundane tasks. Lear Corp acquires WIP, on today's Future of Automotive.

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...
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,...