TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


automotive industry

Zach Kirkhorn, chief financial officer of Tesla and long-time Elon Musk ally, has resigned from his position at the electric vehicle brand.

Tesla CFO steps down amidst falling margins and electric vehicle price war

- August 7, 2023
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 electric vehicle brand. In a Linkedin post...
Articles Headlines
Used vehicle sales increased in July as prices and inventory normalized from 2022's tumultuous market conditions.

Used vehicle sales rise in July as prices and inventory decline

- August 7, 2023
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, purchases from retailers rose 6% from...
Articles Headlines
On today’s CBT NOW, we’re pleased to welcome back Karl Brauer, the Executive Analyst for iSeeCars.com, where Brauer will shed some insight into the numbers and what’s happening with the turbulent used car market overall.

Examining the ‘turbulent’ used car market — Karl Brauer | iSeeCars

- August 7, 2023
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 back Karl Brauer, the Executive Analyst...
CBT Now Sales & Marketing
The United Auto Workers (UAW) union is set to demand the largest pay increase on record as it continues negotiations with car manufacturers.

UAW to demand 46% pay increase, Big Three car manufacturers respond

- August 4, 2023
The United Auto Workers (UAW) union is set to demand the largest pay increase on record as it continues contract negotiations with car manufacturers Stellantis, Ford and General Motors. The raise,...
Articles Headlines

Hyundai, Kia, and Genesis owners file lawsuit over faulty charging ports

- August 4, 2023
Owners of all-electric vehicles sold by Hyundai, Kia, and Genesis in the US have brought a class-action lawsuit against the automakers, alleging that some of their models have faulty charging...
Headlines Articles
Nikola names Stephen Grisky as new CEO

Nikola names Stephen Girsky as its fourth CEO

- August 4, 2023
On August 4, the electric vehicle manufacturer Nikola named its fourth CEO in several years as it attempts to negotiate several difficulties, such as dwindling cash reserves, supply chain limitations,...
Headlines Articles
Fisker has reduced its annual production guidance for 2023 following a complicated second quarter for the electric vehicle brand.

Fisker scores positive margin on electric vehicles but lowers production goal

- August 4, 2023
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 in revenue for the period, posting...
Articles Headlines
Cruise robotaxi, a division of General Motors, announced on August 3rd that it had signed the first labor union agreement in the autonomous vehicle industry. This marked a significant turning point, given the long-lasting hostility between unions and robotaxi firms. 

GM reaches first robotaxi union agreement

- August 3, 2023
Cruise robotaxi, a division of General Motors, announced on August 3rd that it had signed the first labor union agreement in the autonomous vehicle industry. This marked a significant turning...
Headlines Articles
Hyundai broke its sales record for the IONIQ 5 over the course of July, solidifying the automaker's place in the electric vehicle market.

Hyundai breaks monthly electric vehicle sales record with IONIQ 5

- August 3, 2023
Hyundai broke its monthly sales record for the IONIQ 5 over the course of July, solidifying the automaker's small but steadily growing presence in the electric vehicle segment. Sales of the...
Articles Headlines
Tesla faces a lawsuit for falsely reporting its estimated driving range.

Tesla faces a lawsuit for falsely reporting its estimated driving range

- August 3, 2023
On August 2, 2023, three Tesla owners in California filed a proposed class action lawsuit against the automaker, accusing it of misrepresenting the estimated contents of their electric vehicles. The lawsuit...
Articles Headlines

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CBT News
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