Tag: Auto News
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...
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...
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...
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...
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...
Fisker to start production on 56,000 Ocean EV SUV reservations later...
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,...
CBT automotive newscast: August 5, 2022
Inside Automotive:
How to find hope and embrace the challenges of life — Dr. Randy Ross, Remarkable!
In his brand new book, “Fireproof Happiness: Extinguishing Anxiety...
Stellantis invests $99 M into North American hybrid vehicle production
Automaker Stellantis is reportedly investing a total of $99 million in three North American plants to produce turbo engines for its new hybrid vehicle models.
The state...
Carmakers say pending climate action bill presents more barriers than opportunities
Carmakers, including Ford, General Motors, and Toyota, are unhappy with the new pending clean energy bill since it might disqualify many of their vehicles and...
GM expands Super Cruise coverage by 400,000 miles
General Motors has revealed that its "hands-free" advanced driver-assist system (ADAS), Super Cruise, is going to cover 400,000 miles across North America by the end...