Tag: car business
Musk’s push to reshape U.S. government sparks protests and political tensions
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...
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 reports record revenue and increases focus on core operations
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 unveils ambitious five-year plan, focuses on affordable EVs and major...
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 adjusts production strategy amid market challenges and increased competition
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,...
NADA Show 2025: Mike Stanton | NADA
Mike Stanton, president and CEO of the National Automobile Dealers Association (NADA), sat down with CBT News' Jim Fitzpatrick to share his perspective on...
The New Frontier: A Technology Guided Sales Experience
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
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
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...
Leadership clash derails Honda-Nissan merger discussions
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...