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Brad McAreavy electric vehicles

RADA President Brad McAreavy discusses New York’s 2035 EV mandate

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In the first week of October, New York Governor Kathy Hochul announced that the state will mandate all new vehicle purchases to be zero-emission...
Tesla revenue

Tesla reports Q3 revenue of $21.45 billion, economic headwinds cutting into...

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Tesla announced its third-quarter earnings this week, reporting financial results that set new company records but still fell short of Wall Street expectations. The electric...
lithia motors

Lithia Motors third-quarter earnings miss expectations, revenue increases 18%

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Lithia Motors reported its highest third-quarter revenue results and earnings per share in the company’s history. Revenue increased 18% to $7.3 billion compared to $6.2...
Biden energy, truck emissions

Biden Admin awards $2.8 billion to support EV battery production in...

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The Biden administration announced it is awarding $2.8 billion in grants for projects in the United States that will help expand the manufacturing of electric...
BMW

BMW plans $1.7 billion investment in US electric vehicle production

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BMW Group plans to invest $1.7 billion in its US operations to build electric vehicles and batteries. $1 billion is earmarked for the automaker's existing...

Auto marketer Charlie Foster’s advice to salespeople: ‘If you can do...

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Dealers around the country are spending less on marketing and redistributing those efforts in less traditional ways like social media. Today on CBT Now,...
Carroll Shelby Ford

Carroll Shelby’s ever-lasting influence on the automotive industry

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Among auto enthusiasts, there are few names as legendary as Carroll Shelby, a pioneer in vehicle performance. Over the years, Shelby's accomplishments include helping...
Mullen Automotive ELMS

Mullen Automotive completes purchase of Electric Last Mile assets

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Mullen Automotive announced yesterday that it had acquired Electric Last Mile Solutions in a $240 million cash purchase, a deal that will allow the...
automated driving systems NHTSA

10 more fatal crashes linked to automated driving systems — NHTSA

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New data from the National Highway Traffic Safety Administration shows that 10 people were killed in crashes in the US involving vehicles using automated...
new vehicle transaction Cox Automotive

Average new vehicle transaction prices decreased slightly in September — Cox...

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New data from Cox Automotive shows average new vehicle transaction prices (ATPs) declined from August to September but remained well above sticker price. According to...