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Federal Trade Commission aims to reduce deceptive practices at car dealerships...

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The Federal Trade Commission is stepping in as the U.S. auto market continues to see rising prices for both used and new vehicles due...

Lithia Motors purchases 9 dealerships in South Florida

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Lithia Motors purchased nine dealerships from Lehman Auto World with the help of Haig Partners LLC, a well-known buy/sell advisor. Haig Partners represented the...

New vehicle quality dips sharply, J.D. Power Study reveals

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J.D. Power's 2022 Initial Quality Study, which was recently published, showed a sharp decline in newly built cars in 2022, 11% to be exact....
EV

Tesla shrinks headcount again, lays off 200 Autopilot employees

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Tesla has laid off more employees this week. 200 employees, who were training the company's Autopilot AI system were let go. This is part...

CBT automotive newscast: June 30, 2022

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Inside Automotive: What do Gen Z car buyers think about the retail process? - Brendan Dougherty | CDK Global CDK Global recently released findings from a...

Cox Automotive shifts 2022 sales forecast due to ongoing supply issues

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According to the Cox Automotive June sales estimate, U.S. new vehicle sales are expected to be constricted due to the lack of supply that...

Ford announces safety recall of 2,900 F-150 Lightning trucks

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Earlier this week, Ford issued a safety compliance recall of about 2,900 units of the F-150 Lightning because of a software issue with the...

General Motors files patent for daisy chain EV charging using dual...

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General Motors is surprising many key electric vehicle production industry players as they increase sales and produce interesting inventions and patents for electric batteries....

German authorities search for suspected defeat devices in Hyundai and Kia...

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Hyundai and Kia are under fire after massive allegations of fraud pertaining to their production. German authorities have raided and examined about eight buildings...

CBT automotive newscast: June 29, 2022

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Inside Automotive: Edmunds' Jessica Caldwell shares update on inventory shortages, interest rates, and high car prices Back in 2020, the automotive industry started experiencing supply chain...