High stakes as new EV makers burn cash and seek lifelines
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...
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
automotive industry
Automotive weekly roundup: Nissan targets growth, online sales rise, Hyundai Invests big in EV future
Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027. CarGurus reports a trend toward online car buying...
Dealer Jack Kain, former NADA chair, passes away at age 94
Jack Kain, legendary Ford dealer, founder of Kain Family Ford, and former Chairman of the National Automobile Dealers Association (NADA), passed away March 26, 2024 at the age of 94...
Fisker aggressively cuts Ocean SUV prices, looks to avoid bankruptcy
Electric vehicle startup Fisker is making aggressive price cuts across its 2023 Ocean SUV lineup as it grapples with an increasingly dire financial situation that may result in bankruptcy.
The new...
Hyundai “doubling down” on electrification with $50 billion investment
Hyundai Motor Group will invest $51 billion to increase the scale of its electric vehicle operations, "doubling down" on the battery-powered car segment even as other manufacturers postpone similar investments...
Using data to get the most out of your digital marketing strategy — Colin Carrasquillo | Nielsen Automotive Group
Digital marketing has become a major component of automotive retail, serving to drive leads, strengthen branding, and broaden the scope of dealers' markets. However, with the arrival of CDPs, AI,...
Automakers, officials weigh in on impacts after Baltimore port bridge collapse
Automakers are taking steps to offset delays created by the tragic collapse of the Francis Scott Key Bridge over Baltimore port, a key shipping destination for the automotive industry.
On Tuesday,...
Column | How China’s auto ambitions are reshaping global markets
The global automotive industry is in a transformative phase, heavily influenced by America’s weaknesses and China’s expansive role. From dominating chip manufacturing to increasing its footprint in vehicle production, China’s...
CDK bridges longstanding gap between OEM and dealer shopping experiences with Automotive Commerce Collab
AUSTIN, Texas – March 26, 2024 Due to friction created between the various technologies used by original equipment manufacturers (OEMs) and franchise dealers, consumers have long experienced frustration when navigating...
Industry leaders gather at the 2024 New York Automotive Forum
Today, guest speakers and attendees at the New York Automotive Forum hosted by J.D. Power, the National Automobile Dealers Association (NADA), and the New York International Auto Show will gather...
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