Lucid Motors decreases EV production target by 50%
Supply chain problems continue to affect automakers, including Lucid Motors, who once again slashed EV production goals for the year. Shares of the vehicle fell 12% after its second quarterly...
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
Search for:
Toyota remains most-shopped in Q2, says Kelley Blue Book Brand Watch
According to the most recent Kelley Blue book Brand Watch report, high gas prices have caused consumers of non-luxury automobiles to consider traditional cars at a level not seen since before...
CBT automotive newscast: August 8, 2022
Inside Automotive:
How car dealers can help their salespeople find and sell more used cars — Jennifer Suzuki
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. On today’s show,...
Agency model presses on in markets outside of the U.S. plus the companies to watch: Collabtic & EDRV
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the...
How to find hope and embrace the challenges of life — Dr. Randy Ross, Remarkable!
In his brand new book, “Fireproof Happiness: Extinguishing Anxiety & Igniting Hope,” Dr. Randy Ross makes the case that hope and happiness are integrally related. Today Inside Automotive, Dr. Ross,...
Dealership mergers and acquisitions keep going strong in July
Profit levels are rising even with high inflation and increasing interest rates. This has prompted many dealerships to merge or completely acquire others. July was a hot month for dealership...
Auto loan defaults and car repossessions are rising—should car dealers be concerned?
Dealership owners are concerned as repossessions continue to increase. According to the Cox Automotive Industry Insights 2021 presentation, repossession in 2020 was the lowest in the last five years, but 2021...
Toyota profits shrink 43% due to ongoing supply chain shutdowns
Toyota's profit fell 43% (578.66 billion Yen) in the last three months due primarily to supply chain issues. Last year, Toyota earned an average of 997.4 billion Yen or $7.48...
Lordstown Motors announces first profitable quarter thanks to sale of assets
Yesterday, Lordstown Motors announced its first profitable quarter of $61.3 million, but not from selling electric vehicles. After selling some of its assets, including its Ohio production plant, to Taiwanese manufacturer Foxconn, Lordstown...
Fisker to start production on 56,000 Ocean EV SUV reservations later this year
California electric vehicle startup, Fisker, announced that they have 56,000 reservations for its newest vehicle, the Ocean EV SUV. According to Fisker's second quarterly earnings, they suffered a loss per share...
