Nikola Tre BEV semi-truck begins production in Arizona
Recently, Nikola Corporation held an event to celebrate that it had started production of its Tre BEV (battery-electric vehicle) at its plant in Coolidge, Arizona. The first phase of the...
TSLA362.440-4.71999%
GM83.6600.61%
F12.3100.26%
RIVN13.0200.07%
CYD26.350-0.22%
HMC34.0600.61%
TM191.9403.34%
CVNA60.5902.63%
PAG212.00017.21%
LAD295.31013.82%
AN159.8006.61%
GPI239.80011.43%
ABG169.8707.9%
SAH63.5103.46%
TSLA362.440-4.71999%
GM83.6600.61%
F12.3100.26%
RIVN13.0200.07%
CYD26.350-0.22%
HMC34.0600.61%
TM191.9403.34%
CVNA60.5902.63%
PAG212.00017.21%
LAD295.31013.82%
AN159.8006.61%
GPI239.80011.43%
ABG169.8707.9%
SAH63.5103.46%
TSLA362.440-4.71999%
GM83.6600.61%
F12.3100.26%
RIVN13.0200.07%
CYD26.350-0.22%
HMC34.0600.61%
TM191.9403.34%
CVNA60.5902.63%
PAG212.00017.21%
LAD295.31013.82%
AN159.8006.61%
GPI239.80011.43%
ABG169.8707.9%
SAH63.5103.46%
car business
Sonic Automotive reports powerful Q1 performance
Sonic Automotive Inc. released its first-quarter results on Thursday, which noted several record numbers across the board.
Quarterly revenues reportedly grew 28.7% year over year (YoY), reaching a record high of $3.6 billion....
Volkswagen considers expanding Chattanooga plant to make room for EV production
According to an inside source, Volkswagen is currently exploring the possibility of expanding its plant in Chattanooga, Tennessee, to accommodate the production of an electric pick-up truck and the much-anticipated...
Cox Automotive expects a 20% drop in sales year-over-year for April
According to a report this week, Cox Automotive said that sales across all segments would fall in April and total around 1.23 million units, a 20% drop year-over-year and 1.7% less...
CBT automotive newscast: April 29, 2022
Headlines:
Auto retailer Sonic Automotive released its first-quarter results yesterday, which noted several record numbers all across the board. Revenue for the quarter increased almost 29% year-over-year to $3.6 billion, while...
The 3 most vital elements of customer service today with Shep Hyken
Shep Hyken, customer experience expert and New York Times best-selling author, recently released the 2022 Achieving Customer Amazement Study. This study surveys consumers to learn more about their preferences and habits. Shep joins...
Auto sales slowed by limited inventory, but car dealers keep seeing profit
April isn’t shaping up to be as busy as it was a year ago. Continuing to be plagued by only a trickle of new units onto the lot, there isn’t...
Penske Automotive quarterly results reach all-time record
In its financial results report on Wednesday, Penske Automotive Group, Inc. said it had reached record high numbers for the first quarter. The transportation services and auto retailer firm said...
Group 1 Automotive revenue soars in Q1
Group 1 Automotive, Inc. released its financial results on Wednesday, which showed the international auto retailer posted record numbers for the first quarter. Net income for the quarter reached $202.9...
LMC Automotive and J.D. Power predict decline in new car sales throughout April
LMC Automotive and J.D. Power said in a report on Wednesday that they are predicting a drop in new vehicle sales in the U.S. for the month of April. Analysts...
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