What an EV price war could mean for the auto retail industry
There have been rumors circulating for months that an electric vehicle price war is coming. Many large EV companies fear this turn of events because more automakers are starting to...
TSLA345.6202.37%
GM76.730-0.01%
F12.2400.06%
RIVN15.2400.1%
CYD42.8401.56%
HMC24.370-0.13%
TM211.140-3.86%
CVNA326.840-11.97%
PAG155.1501.89%
LAD266.5403.26%
AN200.4203.51%
GPI338.1105.48%
ABG202.0501.37%
SAH67.8301.87%
TSLA345.6202.37%
GM76.730-0.01%
F12.2400.06%
RIVN15.2400.1%
CYD42.8401.56%
HMC24.370-0.13%
TM211.140-3.86%
CVNA326.840-11.97%
PAG155.1501.89%
LAD266.5403.26%
AN200.4203.51%
GPI338.1105.48%
ABG202.0501.37%
SAH67.8301.87%
TSLA345.6202.37%
GM76.730-0.01%
F12.2400.06%
RIVN15.2400.1%
CYD42.8401.56%
HMC24.370-0.13%
TM211.140-3.86%
CVNA326.840-11.97%
PAG155.1501.89%
LAD266.5403.26%
AN200.4203.51%
GPI338.1105.48%
ABG202.0501.37%
SAH67.8301.87%
auto industry
Tesla shareholder files lawsuit against CEO Elon Musk over workplace discrimination claims
Recently the CEO of Tesla, Elon Musk, and 11 other board members are under scrutiny as a lawsuit has been filed against them for issues of discrimination in the workplace....
Sony and Honda finalize joint venture to establish EV company
Yet again, more car companies are merging together to make their mark in the electric vehicle industry. Recently, Sony and Honda signed and joined forces to build, upgrade, and sell...
Used car asking prices dip slightly in May, inventory holds steady
Used vehicle asking prices have decreased recently in May from $28,372 to $28,312 and the used vehicle supply is somewhat steady, according to new data from Cox Automotive.
Price growth in...
Volkswagen poised to overtake Tesla in EV sales by 2024, Bloomberg Intelligence reports
Tesla has a new EV competitor in Volkswagen, which is entering North American electric vehicle markets at full speed. Volkswagen has some electric vehicle models that are thriving in other...
CBT automotive newscast: June 20, 2022
Inside Automotive:
Luxury dealer Tom Maoli on economic and industry trends shaping auto retail today
How is the lack of new and used vehicle inventory impacting luxury buyers? To help us answer...
VADA Pres. Don Hall: ‘We must pull together’ to preserve the future of franchise dealers
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. Joining the show is Don Hall, the President and CEO of the Virginia Automobile Dealers Association. Today, Hall shares...
How car dealers can expand their social media strategy on TikTok
TikTok is the 'it' social media platform to be on now. If you own a car dealership or work at one, don't look down on using TikTok’s ever-changing algorithm to...
General Motors invests additional $81M in Cadillac Celestiq manufacturing
General Motors announced that Cadillac designers and engineers are working together with an increased budget of $81 million to build around 100 exclusive Cadillac Celestiq electric cars.
The car is still...
Tesla raises prices for some models as much as $6,000
More and more auto companies are increasing the prices of their cars, mainly because of inflation and problems with delivering essential car parts. Tesla has made the news this week,...
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