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...
TSLA381.5808.78%
GM77.2800.66%
F12.055-0.185%
RIVN16.5450.485%
CYD41.3401.26%
HMC24.3650.365%
TM193.0851.825%
CVNA395.690-0.9%
PAG173.1201.46%
LAD293.7402.74%
AN212.1906.5%
GPI359.95510.745%
ABG204.7703.38%
SAH80.1906.88%
TSLA381.5808.78%
GM77.2800.66%
F12.055-0.185%
RIVN16.5450.485%
CYD41.3401.26%
HMC24.3650.365%
TM193.0851.825%
CVNA395.690-0.9%
PAG173.1201.46%
LAD293.7402.74%
AN212.1906.5%
GPI359.95510.745%
ABG204.7703.38%
SAH80.1906.88%
TSLA381.5808.78%
GM77.2800.66%
F12.055-0.185%
RIVN16.5450.485%
CYD41.3401.26%
HMC24.3650.365%
TM193.0851.825%
CVNA395.690-0.9%
PAG173.1201.46%
LAD293.7402.74%
AN212.1906.5%
GPI359.95510.745%
ABG204.7703.38%
SAH80.1906.88%
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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,...
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...
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...
VW leadership shake up names Scott Keogh President and CEO of Scout EV brand
Volkswagen Group is bolstering its executive team in the United States to expedite its aggressive growth plan for North America. The group intends to take advantage of the region's demand for...
CBT automotive newscast: July 21, 2022
Inside Automotive:
Mid-year US auto sales analysis with NADA's Chief Economist Patrick Manzi
The National Automobile Dealers Association recently issued its second-quarter economic and auto sales analysis for 2022. Today on Inside...
Where does the Porsche IPO plan stand? Which AI vehicle software company raised $63 M?
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...
Group 1 Automotive buys 3 more dealerships and 1 collision center in Louisiana
Group 1 Automotive, one of the nation's largest automotive retailers, acquired three dealerships and a collision center located in Shreveport, Louisiana. The dealerships, including Mercedes-Benz, Sprinter, Land Rover, Jaguar, and...
Electric vehicle battery maker Northvolt announces $1.1 B funding boost with participation from VW and Goldman Sachs
Volkswagen and Goldman Sachs Asset Management participated in a $1.1 billion funding round for electric vehicle battery maker Northolt. The funding will be used to strategically increase EV batteries and...
