Tesla cuts 10% of workforce and cancels hiring events
The global economy and steadily rising inflation are proving to be harmful to everyone, including the CEO of Tesla, Elon Musk. In fact, this CEO was almost certain the economy...
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
car business
CBT automotive newscast: June 16, 2022
Inside Automotive:
Dealer Paul Sansone Jr. puts a new spin on subprime leasing for added revenue
Dealers continue to face limited inventory conditions and are looking for additional revenue channels within their...
How to foster outstanding customer retention at your dealership – Paul Burkemper | Vinsyt
Car dealers have learned now, more than ever, about the importance of customer retention within their dealerships. Today on Inside Automotive, we're joined by Paul Burkemper, Co-Founder and CEO of...
BMW plans to test advanced EV battery in its iX electric SUV
An advanced and highly sought-after long-term electric battery is being tested this Tuesday by BMW. The battery is one of many advances that will increase the time in hours and...
Automakers send letter requesting Congress to lift EV tax credit cap
A recently written letter addressed to Congress urged lawmakers to omit or change the electric vehicle tax cap. Companies that produce electric vehicles currently get a EV tax credit of...
Study finds Americans are driving less as gas prices soar
California's price for a gallon of regular unleaded gasoline hovered around $6.42 per gallon on Tuesday, the highest fuel price in the country. The national average has broken the $5 per gallon...
General Motors CEO Mary Barra reveals more plans for the company’s EV future
General Motors is making waves in the automotive industry as they defy odds and change plans to achieve higher production and sales. The current CEO, Mary Barra, had a lot...
Wholesale prices rose 10.8% in May due to inflation pressures
Inflation has been affecting the world for years; however, rates have skyrocketed over the last few months. Wholesale prices are also increasing significantly, which hints that the average inflation rate...
CBT automotive newscast: June 15, 2022
Inside Automotive:
Chief Economist Jonathan Smoke breaks down findings from Cox Automotive's Q2 Dealer Sentiment Index
Cox Automotive recently released its Q2 Dealer Sentiment Index, which provides a current view of dealer sentiment...
What legal protections do franchise dealers have against direct manufacturer sales? – Len Bellavia, Esq.
Automakers have made some bold moves concerning electric vehicles, with many franchise dealers wondering if the future of their business is in jeopardy. Today on Inside Automotive, we're pleased to...
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