Tag: Auto News
How to avoid odometer fraud when acquiring used inventory — Kirsten...
Inventory is higher than it has been for dealers, but not by much, and dealers still need to fill their lots. On today’s CBT...
Used vehicle sales rise, Tesla CFO resigns, Lucid drops Air prices
Inside Automotive
The halfway point: where car dealers see themselves in the next 6 months — Scott Gruwell | Courtesy Automotive Group
For the better part...
Tesla CFO steps down amidst falling margins and electric vehicle price...
Zach Kirkhorn, chief financial officer of Tesla and long-time Elon Musk ally, has formally resigned from his position, ending a 13-year tenure at the...
Used vehicle sales rise in July as prices and inventory decline
Used vehicle sales increased in July as customers prioritized affordable car prices and inventory normalized from 2022's tumultuous market conditions.
According to Cox Automotive data,...
Lucid slashes price of its Air sedan due to growing competition
Electric vehicle maker, Lucid, cut prices of its Air luxury sedans by as much as $12,400. The cuts are part of an ongoing offer...
Examining the ‘turbulent’ used car market — Karl Brauer | iSeeCars
According to the most recent iSeeCars study, used electric vehicle prices have fallen by nearly 30%! On today’s CBT Now, we’re pleased to welcome...
UAW demands pay raise, All-electric vehicle owners file lawsuit, Fisker scores...
CBT Now
Examining the 'turbulent' used car market — Karl Brauer | iSeeCars
According to the most recent iSeeCars study, used electric vehicle prices have fallen by nearly...
UAW to demand 46% pay increase, Big Three car manufacturers respond
The United Auto Workers (UAW) union is set to demand the largest pay increase on record as it continues contract negotiations with car manufacturers...
Fisker scores positive margin on electric vehicles but lowers production goal
Fisker has reduced its annual production guidance for 2023 following a complicated second quarter for the electric vehicle brand.
The car manufacturer earned only $825,000...
Tesla faces another lawsuit, Hyundai breaks EV sales record, GM reaches...
Inside Automotive
Examining electric vehicle demand in America's largest car market — Brian Maas | CNCDA
The California New Car Dealers Association (CNCDA) recently published its...
