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Elon Musk

Musk’s push to reshape U.S. government sparks protests and political tensions

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Elon Musk's ambitious efforts to overhaul the U.S. government, with the backing of President Donald Trump, have stirred significant political controversy. Musk, alongside his...

Ford hits record revenue, Jeep expands EV lineup, VW unveils growth...

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Top Stories Ford achieves record revenue and increases focus on core operations. Read More Jeep expands all-electric Wagoneer S lineup with new Limited Trim. Read More VW launches...
Ford closed 2024 with a record $185 billion in revenue, a 5% increase from the previous year, but leading to a cautious outlook for 2025.

Ford reports record revenue and increases focus on core operations

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Ford Motor closed 2024 with a record $185 billion in revenue, a 5% increase from the previous year. However, despite this financial milestone, the...
Volkswagen has outlined a bold five-year plan aimed at securing future growth and competitiveness despite facing challenges from rising costs.

Volkswagen unveils ambitious five-year plan, focuses on affordable EVs and major...

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Volkswagen has outlined a bold five-year plan aimed at securing future growth and competitiveness despite facing challenges from rising costs, weak demand for electric...
Volvo Cars faces challenges in 2025, including tariffs, slowing EV adoption, and rising competition from Chinese automakers.

Volvo adjusts production strategy amid market challenges and increased competition

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Volvo reported a 12% rise in operating income for 2024, reaching $2.04 billion, driven by an 8% increase in sales and record revenue. However,...
Mike Stanton, president and CEO of the NADA

NADA Show 2025: Mike Stanton | NADA

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Mike Stanton, president and CEO of the National Automobile Dealers Association (NADA), sat down with CBT News' Jim Fitzpatrick to share his perspective on...
technology

The New Frontier: A Technology Guided Sales Experience

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Over the past decade, dealers have invested significantly in technology to support and strengthen their sales process. Digital retailing in particular has grown in...

GM slashes Cruise workforce, Honda-Nissan merger stalls, Toyota accelerates EV push

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Top Stories GM cuts nearly half of Cruise workforce, abandons robotaxi plans. Read More Leadership clash derails Honda-Nissan merger discussions. Read More Toyota accelerates electrification plans amid...

GM cuts nearly half of Cruise workforce, abandons robotaxi plans

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General Motors (GM) is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce as part of...
Honda-Nissan merger faces delays as leadership disputes and restructuring issues threaten the deal, with Mitsubishi holding off on joining.

Leadership clash derails Honda-Nissan merger discussions

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The potential merger between Honda and Nissan hit a significant roadblock after Nissan withdrew from the agreement due to leadership disagreements. In December, the automakers...