TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%

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CBT automotive newscast: August 4, 2022

- August 4, 2022
Inside Automotive: How Kentucky auto dealers are coping with current retailing challenges The Kentucky Automobile Dealers Association (KYADA) recently held its 75th annual convention in Asheville, North Carolina. Today on Inside Automotive,...
Bloomberg

How automakers are restructuring for the current pricing environment ⁠— Kevin Tynan, Bloomberg analyst

- August 3, 2022
We’re in the heart of earnings season, so today on Inside Automotive, we’re joined once again by Kevin Tynan, Bloomberg Intelligence’s Senior Automotive Analyst, to give us an update on...

General Motors introduces new measures to combat resellers

- August 3, 2022
General Motors has taken action to prevent the rampant resale of its new, low-production popular cars by rewarding owners of the Chevrolet Corvette C8 Z06 with a $5,000 incentive if they keep them...
The Environmental Protection Agency is planning to lower strict emission standards proposed last year, effectively slowing the EV transition.

Automakers under scrutiny for fraudulent emissions data

- August 3, 2022
The U.S division of Fiat Chrysler Automobiles pleaded guilty to criminal conspiracy earlier this year in connection to a multi-year U.S Justice Department diesel-emissions fraud probe. Now, the automaker has to pay...

CBT automotive newscast: August 3, 2022

- August 3, 2022
Inside Automotive: How automakers are restructuring for the current pricing environment ⁠— Kevin Tynan, Blomberg analyst We’re in the heart of earnings season, so today on Inside Automotive, we’re joined once again...
rivi

General Motors offering Green Bonds to finance sustainability projects

- August 1, 2022
For the first time ever, General Motors has offered green bonds, joining its rivals in utilizing the sustainable debt market to finance the switch to electric vehicles in order to compete with Tesla....

CBT automotive newscast: August 1, 2022

- August 1, 2022
Inside Automotive: Sonic Automotive President Jeff Dyke discusses powerful Q2 2022 performance Sonic Automotive has announced all-time record revenues and gross profit for the second quarter. The fortune 500 company based in...

Minority franchise dealers increased by almost 9% in 2021, NAMAD data shows

- July 29, 2022
According to the National Association of Minority Automobile Dealers (NAMAD), the number of minority franchised dealerships rose by almost 9% from 2020 to 2021. There were a little over 1,250 minority...
net income

GM’s second-quarter net income decreases 39% from this time a year ago

- July 27, 2022
Despite revenue growth of 4.7% in the second quarter, General Motors on Tuesday announced a year-over-year decline in net income of almost 40% and stated that it anticipates better performance in the second...
loan

Dept. of Energy to loan $2.5 billion to GM and LG Energy Solution joint venture

- July 27, 2022
The Department of Energy's Advanced Technology Vehicles Manufacturing Program (ATVM) was created by Congress under the administration of former President George W. Bush and has been dormant since 2010, until now. Congress established...
CBT News
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