CBT automotive newscast: May 16, 2022
Inside Automotive:
Kevin Frye on Jeff Wyler Automotive's first crypto car sale
In late April, the Jeff Wyler Automotive Family sold its first car using cryptocurrency at its Mercedes-Benz of Fort Mitchell...
TSLA343.100-9.72%
GM72.680-0.75%
F11.551-0.059%
RIVN14.690-0.6%
CYD39.675-0.105%
HMC23.395-0.445%
TM202.700-1.72%
CVNA316.200-0.65%
PAG148.165-0.545%
LAD261.8404.27%
AN194.715-2.105%
GPI325.430-1.57%
ABG195.8400.44%
SAH63.070-0.24%
TSLA343.100-9.72%
GM72.680-0.75%
F11.551-0.059%
RIVN14.690-0.6%
CYD39.675-0.105%
HMC23.395-0.445%
TM202.700-1.72%
CVNA316.200-0.65%
PAG148.165-0.545%
LAD261.8404.27%
AN194.715-2.105%
GPI325.430-1.57%
ABG195.8400.44%
SAH63.070-0.24%
TSLA343.100-9.72%
GM72.680-0.75%
F11.551-0.059%
RIVN14.690-0.6%
CYD39.675-0.105%
HMC23.395-0.445%
TM202.700-1.72%
CVNA316.200-0.65%
PAG148.165-0.545%
LAD261.8404.27%
AN194.715-2.105%
GPI325.430-1.57%
ABG195.8400.44%
SAH63.070-0.24%
car business
Lithium-ion battery recycling firm gets big investment, car-sharing marketplace Getaround agrees to IPO
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the...
Lordstown Motors closes critical deal with Foxconn
Lordstown Motors Corp. announced on Wednesday that it has finally closed its deal with Taiwan-based Foxconn, which will provide the company with much-needed capital that will help it continue its operations....
General Motors to return to Europe for EV production, CEO Mary Barra says
General Motors Chief Executive Officer Mary Barra announced this week that the automaker is planning on returning to Europe and will only be manufacturing electric vehicles there. Aside from continuing sales...
CBT automotive newscast: May 13, 2022
Inside Automotive:
Is it time for a fixed ops refresh? Here are 3 areas to focus on - John Fairchild
We’ve heard from a lot of car dealers around the country who...
Achieving the next level of diversity and inclusion within your organization – Laura Liswood
Experts say diversity and inclusion are essential to leading or managing a successful team. On this edition of Diversity in Automotive, we're pleased to welcome back Laura Liswood, award-winning speaker,...
Why Ford’s F-150 Lightning is the legitimate start of the EV race – Kevin Tynan | Bloomberg Intelligence
First-quarter numbers are rolling in for many auto retail professionals and inventory still remains on everyone’s watchlist. Today on Inside Automotive, we’re pleased to welcome back Kevin Tynan, Bloomberg Intelligence’s...
The current state of the used car industry—what goes up must come down
Over the past year, the auto industry has seen massive growth in both new and used car sales, with the latter seeing some of the highest prices in history.
Nevertheless, the...
Carvana cuts 2,500 jobs after posting net loss of $506M
In a regulatory filing this week, Carvana said that it has laid off 2,500 of its employees, accounting for 12% of its workforce. Most of the affected employees were reportedly working in...
Sonic Automotive opens EchoPark retail hub in Missouri
In a press release this week, Sonic Automotive said that its EchoPark brand has now expanded into Missouri as part of its goal to have 90% coverage throughout the U.S. by 2025....
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