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Fisker

Foxconn to build Fisker PEAR EV at Lordstown Motors plant

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Shortly after Foxconn Technology Group (also known as Hon Hai Precision Industry Co.) finalized its purchase of Lordstown Motor Co.’s manufacturing facility in Ohio...
Nissan

Nissan considering new plant in the U.S., COO says

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On Friday, Nissan Motor Co.’s Chief Operating Officer Ashwani Gupta said that it “may not be a surprise” if the automaker chooses to open...

CBT automotive newscast: May 16, 2022

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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...
dealership

The do’s and don’ts of leaving follow-up voicemails

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Welcome to another edition of Saturday Morning Sales Meeting with Matt Easton, sales trainer, consultant, and Founder of Easton University. Transcription: Matt Easton: You're watching CBT News,...
Automotive Ventures EVs startups connected car Buick CES

Lithium-ion battery recycling firm gets big investment, car-sharing marketplace Getaround agrees...

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Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
Lordstown Motors

Lordstown Motors closes critical deal with Foxconn

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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...
General Motors

General Motors to return to Europe for EV production, CEO Mary...

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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...

CBT automotive newscast: May 13, 2022

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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...
Carvana

Carvana cuts 2,500 jobs after posting net loss of $506M

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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...
EchoPark

Sonic Automotive opens EchoPark retail hub in Missouri

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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%...