CBT automotive newscast: July 27, 2022
Inside Automotive:
Buy/sell expert Alan Haig on buyer confidence and industry consolidation
Are you wondering if now is the time to sell your car dealership or even acquire an additional one? Today...
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
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Exclusive: New Lordstown Motors CEO Edward T. Hightower shares major plans for EV fleet buyers
Lordstown Motors has a new CEO and the announcement is making history. The electric vehicle startup appointed Edward T. Hightower into this role, making him the first black CEO of...
Georgia gives $1.8 B in tax breaks to Hyundai to build first EV plant in US
According to a signed agreement made public late last week, the state of Georgia and local governments will provide Hyundai Motor Group with $1.8 billion in tax breaks and other...
VW CEO Herbert Diess will step down at the end of August
Volkswagen confirmed on Friday that current CEO Herbert Diess would be leaving his post at the end of August. Taking over for Diess on September 1 will be Oliver Blume,...
Ford reportedly laying off 8,000 employees in preparation for EV expansion — Bloomberg
Ford is considering significant staff reductions as the automotive industry transitions to electric vehicles. Ford is preparing to lay off 8,000 salaried employees, or almost a quarter of its us...
CBT automotive newscast: July 26, 2022
Inside Automotive:
Exclusive: New Lordstown Motors CEO Edward T. Hightower shares major plans for EV fleet buyers
Lordstown Motors has a new CEO and the announcement is making history. The electric vehicle...
High gas prices shrink gap between EVs and gas-powered cars in J.D. Power APEAL study
The recently released J.D. Power 2022 U.S. Automotive Performance, Execution and Layout (APEAL) study revealed that battery electric vehicle owners are less satisfied with charge times and driving range than they...
Northvolt and Stora Enso announce joint agreement to source battery materials from Nordic forests
European markets are steadily moving from gasoline and diesel-powered vehicles to electric and environmentally friendly ones. To do this, companies are working together to locate and pursue raw material solutions.
Volkswagen-backed...
CBT automotive newscast: July 25, 2022
Inside Automotive:
Will economic headwinds make a dent in dealer profitability? Charlie Chesbrough explains.
As the automotive retail industry settles into the third quarter, analysts are reviewing mid-year sales data and updating...
GM, Ford request permit to deploy AVs without steering wheels
General Motors and Ford have separately requested exemptions from US safety regulators regarding deploying self-driving vehicles without steering wheels and brakes. Both OEMs seek to deploy 2,500 cars per year, the maximum permitted by law,...
