TSLA374.92010.65%
GM83.8801.68%
F13.2300.02%
RIVN15.5300.5403%
CYD34.920-0.48%
HMC32.5700.37%
TM193.0801.55%
CVNA67.3852.275%
PAG213.2500.64%
LAD317.4501.18%
AN169.4051.115%
GPI251.6855.265%
ABG185.1602.1%
SAH65.8402.18%
TSLA374.92010.65%
GM83.8801.68%
F13.2300.02%
RIVN15.5300.5403%
CYD34.920-0.48%
HMC32.5700.37%
TM193.0801.55%
CVNA67.3852.275%
PAG213.2500.64%
LAD317.4501.18%
AN169.4051.115%
GPI251.6855.265%
ABG185.1602.1%
SAH65.8402.18%
TSLA374.92010.65%
GM83.8801.68%
F13.2300.02%
RIVN15.5300.5403%
CYD34.920-0.48%
HMC32.5700.37%
TM193.0801.55%
CVNA67.3852.275%
PAG213.2500.64%
LAD317.4501.18%
AN169.4051.115%
GPI251.6855.265%
ABG185.1602.1%
SAH65.8402.18%

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Well-known rental car company Hertz announced that it would sell around one-third of its EV fleet due to the depreciation of EVs.

Hertz reduces EV fleet by 20,000 vehicles, blames Tesla

- January 12, 2024
The well-known rental car company Hertz Global Holdings announced that it would sell around one-third of its EV fleet since it depreciated faster than anticipated. The decline in value is...
The UAW says 30% of Mercedes-Benz manufacturing employees at an Alabama plant have committed to unionization.

UAW hits second unionization milestone at Mercedes-Benz plant

- January 12, 2024
The United Auto Workers (UAW) union says it has obtained union authorization cards from over 30% of Mercedes-Benz's Alabama manufacturing employees, marking another milestone in the group's efforts to organize...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

Top automotive innovations announced at CES 2024

- January 12, 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Regarding volume and share, EV sales in the fourth quarter broke records, emerging at 317,168 units and 8.1%, respectively.

U.S. EV sales hit 1.2 million in 2023, Tesla remains market leader

- January 10, 2024
According to estimates from Kelley Blue Book, a subsidiary of Cox Automotive, a record high of 1.2 million American car buyers opted for electric vehicles last year. This marks a...

Automakers prepare for CES, Elon Musk drug allegations, EV charging vs gas

- January 9, 2024
CBT Now How to set more effective goals this year – Sean Gardner | Joe Verde Group A new year isn't just about dreaming; it's about translating those dreams into tangible goals....
GM's Cruise robotaxi division proposed a settlement of $75,000 to resolve an inquiry made by a California regulator involving a crash.

Cruise offers $75,000 to settle California agency probe

- January 8, 2024
On January 5, General Motors' Cruise robotaxi division proposed a settlement of $75,000 to resolve an inquiry made by a California regulator regarding the company's failure to disclose information about...

Ford recalls nearly 113,000 F-150s, Hyundai and Samsung form new partnership, NACTOY winners

- January 8, 2024
Executive Profile  The Executive Profile: How Corina Diehl overcame adversity to build a thriving 22-store dealer group Welcome to another edition of the CBT News original show, Executive Profile. Recently, anchor Jim...
Self-driving tech company Mobileye predicts a downturn in the automotive chip company due to excess inventory accrued during the pandemic.

Mobileye predicts headwinds for 2024 self-driving market

- January 5, 2024
The automotive chip market is set to take a downturn in 2024, following a new report from self-driving technology company Mobileye. In its forecast for the new year, Mobileye, owned by...
Staying aware of the latest trends is crucial for automotive retailing professionals seeking to navigate challenges and seize opportunities.

6 key automotive retailing trends to watch closely in 2024

- January 5, 2024
As the automotive industry continues to evolve, the year 2024 promises to be a pivotal one marked by dynamic shifts in automotive retailing. From advancements in technology to changing consumer...

GM offers $7,500 discount, Fisker unveils new dealer partnership, OEMs report impressive sales gains

- January 5, 2024
CBT Now How dealers can achieve a positive mindset every day – Merril Hoge | Former NFL Player On today's episode of CBT Now, we're discussing the power behind having a positive...
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