Tag: car business
Fisker faces bankruptcy unless it secures relief from creditors
On April 23, Fisker, an electric vehicle (EV) startup, released a regulatory filing notifying that it may go bankrupt within 30 days unless it...
Tesla profits plunge, VinFast adds dealerships, Fisker bankruptcy looms
Inside Automotive
Top automotive industry trends to track in Q2 — Kevin Tynan | Bloomberg Intelligence
The automotive industry has already seen significant change in the short time since...
Top automotive industry trends to track in Q2 — Kevin Tynan |...
The automotive industry has already seen significant change in the short time since the start of the year, making it more important than ever for dealers...
Rivian offers ‘Electric Upgrade’ discounts of up to $5k with combustion...
Electric vehicle start-up Rivian is offering an "Electric Upgrade" promotion to new customers who trade in specific combustion models in honor of Earth Day.
Eligible...
Electric vehicle sales set to surge in 2024 despite affordability challenges
Electric vehicle sales are projected to rise sharply in 2024 despite persistent challenges in some markets, according to the International Energy Agency (IEA).
The group forecasts...
Stellantis slashes 199 jobs at Detroit plant producing Ram 1500 amid...
Stellantis has laid off 199 full-time workers at its Sterling Heights Assembly Plant in Detroit, which produces the Ram 1500. This is part of...
GM posts Q1 earnings, EV sales to rise, Stellantis cuts jobs
Inside Automotive
6 key mental muscles for leaders in the dealership – Scott Mautz
As a leader, it’s no secret that you’re going to face challenges,...
Elevate and educate: taking your service and sales coaching to the...
Welcome to another episode of Loyalty-Based Sales Strategies on CBT News with host Jen Suzuki, president of eDealer Solutions, sales coaching veteran, and NADA...
Tesla heavily discounts FSD price as Q1 earnings report looms
Tesla has drastically lowered the lifetime price of its Full Self Driving (FSD) service ahead of the company's quarterly earnings report scheduled to be...
Suburban areas expected to house majority of EVs by 2030, report...
The electrification of vehicles is progressing at varying rates depending on their (rural, urban, suburban) location, resulting in a noticeable difference in the use...