TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%
TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%
TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%


car business

automated vehicle inspections

Should your service department consider using automated vehicle inspections?

- July 26, 2022
The automotive industry is evolving rapidly, and with that comes changes in how dealerships operate. In particular, automated vehicle inspections are changing the game regarding service lane efficiency, customer trust,...
Hyundai and LG Energy Solution have revealed that construction of the factory in Georgia will commence in the second half of 2023.

Georgia gives $1.8 B in tax breaks to Hyundai to build first EV plant in US

- July 26, 2022
According to a signed agreement made public late last week, the state of Georgia and local governments will provide Hyundai Motor Group with $1.8 billion in tax breaks and other...

SEC once again subpoenas Tesla over Musk’s go-private tweet

- July 26, 2022
In a quarterly regulatory filing released on Monday, Tesla stated that the company has been served with a fresh subpoena by the U.S. Securities and Exchange Commission on June 13...

VW CEO Herbert Diess will step down at the end of August

- July 26, 2022
Volkswagen confirmed on Friday that current CEO Herbert Diess would be leaving his post at the end of August. Taking over for Diess on September 1 will be Oliver Blume,...

Ford reportedly laying off 8,000 employees in preparation for EV expansion — Bloomberg

- July 26, 2022
Ford is considering significant staff reductions as the automotive industry transitions to electric vehicles. Ford is preparing to lay off 8,000 salaried employees, or almost a quarter of its us...

CBT automotive newscast: July 26, 2022

- July 26, 2022
Inside Automotive: Exclusive: New Lordstown Motors CEO Edward T. Hightower shares major plans for EV fleet buyers Lordstown Motors has a new CEO and the announcement is making history. The electric vehicle...
Rivian

Rivian teases further expansion into commercial EV market

- July 25, 2022
According to CEO RJ Scaringe, Rivian Automotive is working on a broader range of electric commercial cars in a variety of designs and anticipates producing millions of EVs annually at...
APEAL

High gas prices shrink gap between EVs and gas-powered cars in J.D. Power APEAL study

- July 25, 2022
The recently released J.D. Power 2022 U.S. Automotive Performance, Execution and Layout (APEAL) study revealed that battery electric vehicle owners are less satisfied with charge times and driving range than they...
Lithia Motors

Lithia Motors Q2 earnings miss estimates, used vehicle revenues increase 39%

- July 25, 2022
Leading automotive retailer Lithia Motors reported its second-quarter earnings late last week, just missing the estimates from Zack's Investment Research. New vehicle revenue reached just over $3.25 million, a 3.3%...
Northvolt

Northvolt and Stora Enso announce joint agreement to source battery materials from Nordic forests

- July 25, 2022
European markets are steadily moving from gasoline and diesel-powered vehicles to electric and environmentally friendly ones. To do this, companies are working together to locate and pursue raw material solutions. Volkswagen-backed...


CBT News
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