Ford reveals plans to ramp up EV production and boost profits
On May 22, Ford presented its case to Wall Street at an investor event by outlining its plan to build millions of EVs while expanding its traditional operations.
Ford's CEO, Jim...
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
dealership news
Dealer charges drivers by minute to use new EV charging stations
A Michigan dealership has adopted a payment system making electric vehicle charging more expensive for local drivers.
Initially, Williams Hyundai of Lansing, Michigan, charged customers $1 per minute to use its...
Dealership valuation trends: Has it become more difficult to sell? — Alan Haig | Haig Partners
Dealership valuations have become challenging to decipher in the post-COVID economy. On this episode of Inside Automotive, CBT News anchor Jim Fitzpatrick is joined by Alan Haig, president and founder...
Massive EV demand stifled by prices, driving range concerns
New research from professional services provider KPMG has shed more light on the relationship between electric vehicle hesitancy and the market's limited ability to address consumer needs.
According to the company's...
Ford announces several new deals with lithium suppliers
Ford has revealed multiple agreements with lithium suppliers which it says will allow for a massive increase in electric vehicle production.
Five partners were named in the announcement, each of whom...
Dallas dealer partners with high school to boost attendance with car giveaways
In Dallas, Texas, a used car dealership gave away a 2016 Jeep Patriot to a high school sophomore with perfect attendance.
Faith Family Academy, a charter school, teamed up with the...
McGovern Automotive adds CDJR dealership, Asbury sells Acura store in Texas
The buy/sell market for dealerships is a dynamic environment influenced by various factors, including economic conditions, consumer preferences, manufacturer requirements, and regulatory changes. Despite the ongoing economic challenges from the...
Toyota warns against full-scale electrification, says hybrids still needed
Toyota executives are urging other automakers to continue developing hybrid and alternative-fueled vehicles, citing concerns that the industry's rush toward electrification is unsustainable.
Ahead of the G7 summit in Japan, Toyota...
Annapolis Subaru donates $50,000 to Hope For The Warriors non-profit
Maryland-based Annapolis Subaru donated $50,000 to Hope For The Warriors to support veterans and their family members.
The dealership is a frequent donor and, in its 25 years of business, has...
Data activation in the dealership: Using third-party platforms to boost marketing
Dealers know the importance of collecting and analyzing customer information, but many struggle to understand the complex factors influencing successful data activation. On this episode of Inside Automotive, CBT News...
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