TSLA311.2102.36%
GM88.8600.46%
F14.680-0.18%
RIVN15.220-1.61%
CYD47.160-1.16%
HMC30.110-0.61%
TM188.990-2.46%
CVNA62.3600.92%
PAG217.310-3.3%
LAD385.420-19.61%
AN212.400-2.25%
GPI286.770-9.94%
ABG231.700-1.44%
SAH91.580-8.76%
TSLA311.2102.36%
GM88.8600.46%
F14.680-0.18%
RIVN15.220-1.61%
CYD47.160-1.16%
HMC30.110-0.61%
TM188.990-2.46%
CVNA62.3600.92%
PAG217.310-3.3%
LAD385.420-19.61%
AN212.400-2.25%
GPI286.770-9.94%
ABG231.700-1.44%
SAH91.580-8.76%
TSLA311.2102.36%
GM88.8600.46%
F14.680-0.18%
RIVN15.220-1.61%
CYD47.160-1.16%
HMC30.110-0.61%
TM188.990-2.46%
CVNA62.3600.92%
PAG217.310-3.3%
LAD385.420-19.61%
AN212.400-2.25%
GPI286.770-9.94%
ABG231.700-1.44%
SAH91.580-8.76%

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Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5B in cash

Lucid secures $1.5 billion investment from Saudi Arabia’s PIF to boost SUV production

- August 6, 2024
Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5 billion in cash to ramp up production of a...
Nissan is set to cut its U.S. salaried workforce through a voluntary severance program as it faces declining fortunes.

Nissan cuts U.S. salaried workforce amid market struggles

- August 6, 2024
Nissan is set to reduce its U.S. salaried workforce through a voluntary severance program as the automaker faces declining fortunes in its second-largest market. The program targets white-collar employees, with...
Join Adam Marburger as he shares strategies and insights to transform your F&I operations with the four pillars of F&I success.

Adam Marburger’s ‘Black Belt Road to Sale’ for F&I success

- August 6, 2024
Welcome back to CBT News' Training Camp, where today we have the esteemed Adam Marburger, a seasoned F&I professional, sharing his insights on the crucial but often overlooked topic of...
As we wake up to the ominous headlines, we’re clearly staring down a potential Black Monday. Stock markets worldwide are in turmoil

Navigating the storm: How the global stock market meltdown could impact auto dealerships

- August 6, 2024
As we wake up to the ominous headlines of August 5th, we’re clearly staring down a potential Black Monday. Stock markets worldwide are in turmoil, with Japan experiencing its most dramatic...
Rivian is set to report its Q2 earnings following a period of increased sales, cost-cutting measures, and a $5 billion investment.

Rivian to report Q2 earnings amid higher sales, cost cutting, and $5B Volkswagen investment

- August 5, 2024
Rivian is set to report its second-quarter earnings on August 6, following a period of increased sales, cost-cutting measures, and a substantial $5 billion investment from Volkswagen as part of...
Announced by Governor Jay Inslee on August 1, the Washington State Instant Rebate program aims to make EVs more affordable.

Washington State launches EV rebate program for low-income residents

- August 5, 2024
Washington State has taken a major step towards increasing the adoption of electric vehicles (EVs) by launching a financial program for low-income residents. Announced by Governor Jay Inslee on August...
Today's Women Driving the Industry, we're thrilled to introduce Katie Catuso Duncan, Assistant General Manager of Mohawk Chevrolet in NY.

From office supplies to automotive success: Katie Gattuso Duncan’s journey to leadership

- August 5, 2024
Welcome to another episode of Women Driving the Industry, where we celebrate the inspiring stories of women making significant strides in the automotive sector. Today, we're thrilled to introduce Katie...
Where inventory levels are up along with interest rates and expenses, while customer interest in vehicle purchases and net profits are down.

How dealers can maximize net profits amid inventory surpluses and declining sales

- August 5, 2024
Halfway through 2024 we are being challenged with another uncommon year in the car business, where inventory levels are up along with interest rates and expenses, while customer interest in...
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

Automakers face stock pressure and EV demand challenges amid shifting industry trends

- August 2, 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...

Weekly roundup: UAW endorses Harris, Fed keeps rates high, EVs secure market position

- August 2, 2024
Earlier this week: UAW endorsed Kamala Harris for president, the Federal Reserve maintains interest rates, in the 2024 market outlook report, EVs secure a permanent position as local dealerships face...
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