Thursday, September 23, 2021
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Finkelmeyer

Cox Automotive’s Brian Finkelmeyer on new vehicle inventory and what dealers...

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As demand continues to climb alongside inventory concerns, could you be doing more to get ahead of it all? On today’s show, we’re pleased...
VADA

VADA Pres. Don Hall discusses outcome of latest Tesla battle and...

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Today on CBT News, Don Hall, President and CEO of the Virginia Automobile Dealers Association (VADA), discusses recent headlines from EVs to F&I. Hall...
Rivian

Rivian factory in UK possible as carmaker reportedly in talks...

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Rivian Automotive has been in discussions with UK ministers about building the first factory outside of the United States to produce their all-electric vehicles. The news broke on Saturday by Sky News whose source claims Rivian has been in “secret negotiations” with ministers from the British government regarding a potential factory site near Bristol. An […]
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F&I innovation

J.D. Power’s Chris Sutton and JM&A Group’s Elliot Schor talk...

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J.D. Power and JM&A Group have come together to develop and increase F&I innovation, but it doesn’t end there. The companies will additionally offer F&I training and certification programs. On today’s show, we’re pleased to welcome Chris Sutton, Vice President of Automotive Retail at J.D. Power and we’re also joined by Elliot Schor, Vice President […]
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Tesla

Record quarterly profit announced by Tesla despite production challenges

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On Monday, Tesla released their financial results more than three weeks after reporting fantastic quarterly production numbers. For the first time in the EV maker’s history, quarterly GAAP net income exceeded $1 billion US.  With production ramping up and Tesla somehow avoiding the deepest throes of part shortages, total revenue grew by 98% year over […]
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Lucid Motors

Lucid Motors goes public, rings the NASDAQ opening bell July...

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Luxury EV carmaker Lucid Motors is trading publicly on the NASDAQ exchange after faltering with investors late last week. Voting has finally been wrapped up and Lucid Motors has been approved to merge with special purpose acquisition company Churchill Capital IV so it can hit the exchange. Led by highly influential businessman and Churchill Chairman […]
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infrastructure bill

How could a new infrastructure bill impact EV stocks?

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President Biden has plans to unveil a $2.5 trillion infrastructure proposal this week, which would be one of the largest infrastructure ventures the US has ever seen. Revamping the infrastructure throughout the United States has been one of his top priorities and would include repairs to roads and bridges as well as the expansion of […]
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EVs

Newly proposed EV legislation sparks controversy

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As the push towards the electrification of the auto industry continues, questions about incentives and discounts remain a point of contention for lawmakers, automakers, and consumers. Back in April, the Senate Finance Committee voted to advance the Clean Energy for America Act, which the committee said would “consolidate current energy tax incentives into emissions-based provisions […]
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auto technicians

The skills auto technicians need to make them uniquely qualified...

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On the latest episode of Service Drive, host Don Reed takes a deep dive into how future automotive industry trends will affect auto technicians in the service drive. Reed has helped thousands of dealers boost their service gross profits as CEO of DealerPro Training. Reed says vehicle technology is evolving at an accelerated pace, which is giving […]
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Mike Stanton

President and CEO of NADA Mike Stanton shares the association’s top...

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Back in February, the NADA show was held virtually and was a great success. Today, the association is focused on its legislative priorities and...