Is the race to electrification happening too quickly?
Virtually every mass-market carmaker has goals to make and sell more EVs than ICE vehicles by 2030. General Motors announced its intention to produce only emissions-free vehicles by 2035 at...
TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%
TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%
TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%
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CBT automotive newscast: May 17, 2022
Inside Automotive:
COO Ed Roberts discusses shifting to a pre-order model at Bozard Ford Lincoln
Almost everyone in retail automotive is experiencing or talking about high-profit margins and low vehicle inventory. On...
Foxconn to build Fisker PEAR EV at Lordstown Motors plant
Shortly after Foxconn Technology Group (also known as Hon Hai Precision Industry Co.) finalized its purchase of Lordstown Motor Co.’s manufacturing facility in Ohio last week, the electronics giant announced it will...
Opinion | The EV transition will be great for America
In the continuing saga of misinformation that I read in Facebook comments, one that always gets me is that EV technology is un-American, or somehow ruining America.
In fact, the opposite...
CBT automotive newscast: May 16, 2022
Inside Automotive:
Kevin Frye on Jeff Wyler Automotive's first crypto car sale
In late April, the Jeff Wyler Automotive Family sold its first car using cryptocurrency at its Mercedes-Benz of Fort Mitchell...
Lordstown Motors closes critical deal with Foxconn
Lordstown Motors Corp. announced on Wednesday that it has finally closed its deal with Taiwan-based Foxconn, which will provide the company with much-needed capital that will help it continue its operations....
General Motors to return to Europe for EV production, CEO Mary Barra says
General Motors Chief Executive Officer Mary Barra announced this week that the automaker is planning on returning to Europe and will only be manufacturing electric vehicles there. Aside from continuing sales...
CBT automotive newscast: May 13, 2022
Inside Automotive:
Is it time for a fixed ops refresh? Here are 3 areas to focus on - John Fairchild
We’ve heard from a lot of car dealers around the country who...
How electric vehicles might affect the fixed-ops department
Automotive News published an article a while back with the headline “Dealers, get ready for absorption rates that drop to as low as 25%” The report attempts to give auto dealers...
Stellantis CEO predicts supply issues will hinder EV transition
Stellantis Chief Executive Officer Carlos Tavares said at a conference on Tuesday that the auto industry would likely continue to be impacted by the ongoing supply chain disruptions for a few more...
