Tesla offers 0.99% financing on Model Y to boost orders
Tesla has announced a limited-time offer of heavily discounted 0.99% financing on the Model Y in an effort to boost sales. CEO Elon Musk has often attributed the company's demand...
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
automotive industry news
Consumer demand shifts towards smaller vehicles due to affordability concerns – Charlie Chesbrough | Cox Automotive
In today's episode of CBT Now, we delve into April sales and what they mean for the automotive industry's trajectory. Charlie Chesbrough, Cox Automotive Senior Economist, joins us once again...
The importance of customer service, growth, and community engagement – Jeff Rosen | Rosen Automotive Group
As we enter the second quarter of the year, we want to hear firsthand from dealers nationwide about the current state of affairs. On today's episode of Inside Automotive, we...
BP Pulse seeks expansion opportunities as Tesla cuts Supercharger network
Tesla's recent announcement to reduce its Supercharger business has caused a stir in the industry, affecting roughly 500 employees. As a result, other electric vehicle (EV) charging companies are looking...
U.S. commerce secretary warns of potential ban on Chinese-connected vehicles, impacting Tesla competitors
U.S. Commerce Secretary Gina Raimondo has warned about the possibility of extreme measures targeting Chinese-connected vehicles, including a potential ban. Such actions could significantly impact competitors like Geely and BYD,...
VW CEO plants to introduce more plug-in hybrids as EV demand hits ‘plateau’
At the London Financial Times Future of the Car conference, Volkswagen (VW) CEO Thomas Schafer announced plans to introduce more plug-in hybrids alongside their ID.4 electric crossover. This shift comes...
Lear Corporation’s acquisition showcases the industry’s use of robotics and AI for efficiency and innovation
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Automotive weekly roundup: Bill aims to nullify EV tax credit, VP’s auto suppliers grant, Stellantis UAW members vote to strike over safety concerns
Earlier this week: Republicans proposed an IRA bill to repeal the U.S. EV tax credit, which would give China an advantage in EV production. Vice President Kamala Harris announced $100...
Cars.com reports robust Q1 2024 financial results with 8% revenue growth
Recently, Cars.com - an audience-driven technology company - reported its first-quarter financial results for 2024, which ended on March 31.
The results revealed that revenue increased by 8% to $180.2 million...
Hyundai, Kia settle U.S. charges for unlawful repossessing service members’ vehicles
The American financing division of Hyundai and Kia has agreed to pay $334,941 to resolve allegations that it unlawfully repossessed vehicles that belonged to active military personnel, the U.S. Department...
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