TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


electric vehicles

Biden released EV tax credit regulations restricting Chinese imports that could halt the U.S. from shifting away from fossil fuel

Biden’s new EV regulations to limit China’s role in U.S. market

- December 1, 2023
The Biden administration released electric vehicle tax credit regulations restricting Chinese imports. However, by reducing the number of vehicles that meet the $7,500 federal tax credit requirements, the regulations may...
On the retail side of things, Hyundai sold 58,027 units in Nov., marking a 3% year-over-year increase from November 2022.

Hyundai reveals November sales surge, led by Santa Fe and IONIQ 5

- December 1, 2023
Hyundai Motor America has reported its highest-ever November sales, totaling 70,079 units, marking an impressive 11% increase compared to November 2022. This achievement extends Hyundai's consecutive monthly sales growth streak...
Dealers' EV concerns, auto retail gains, UAW campaign, Rivian leasing, and Sheehy Auto's charity— all in one article.

Weekly roundup: dealers confront Biden on EV policy, UAW expands unionization, Rivian introduces leases

- December 1, 2023
Earlier this week: Thousands of U.S. dealerships, operating as "EV Voice of the Customer," expressed concerns to President Biden about proposed emissions standards in an open letter. Nov. U.S. new-vehicle...
Hyundai and Kia presented its Uni Wheel." This game-changing approach to the EVs drivetrain aims to alter the design of future mobility.

Hyundai, Kia reveal ‘Uni Wheel’ drive system to revolutionize electric vehicles

- November 30, 2023
During the "Uni Wheel Tech Day" in Seoul, Korea, the Hyundai Motor Company and Kia Corporation presented their new Universal Wheel Drive System, or "Uni Wheel." This innovative approach to...
Expert insights on the dynamics of EV sales: comparing direct-to-consumer and traditional dealership models in the electric vehicle market.

Future of EV sales: direct-to-consumer vs franchise dealers — Matt VanDyke | Shift Digital

- November 30, 2023
In recent years, the retail automotive industry has seen dramatic changes in the ways consumers shop for and purchase electric vehicles (EVs), challenging the traditional franchised model with direct-to-consumer sales....
A survey conducted by Recurrent revealed that EV range anxiety diminishes with the experience of owning an EV.

Survey reveals EV range anxiety declines with ownership experience, despite initial fears

- November 29, 2023
A survey conducted by Recurrent revealed that electric vehicle range anxiety diminishes with the experience of owning an EV. Range anxiety is the fear that an electric vehicle will not...
Dealers across the U.S. pen open letter to Biden, voicing concerns over the adoption of EVs and proposed emissions standards.

3,882 dealers nationwide challenge Biden on EV regulations in open letter

- November 29, 2023
Nearly 4,000 dealers across the United States have collectively penned an open letter to President Biden, expressing their concern over the proposed emissions standards that aim to phase out internal...
Tesla overcomes employee termination charges in NY, yet continues grappling with unionization efforts and NLRB investigations.

Key labor case against Tesla dismissed, still faces ongoing unionization challenges

- November 28, 2023
Tesla has successfully defended itself against charges of illegal employee termination in New York, connected to a unionization drive, marking a significant moment in its ongoing labor relations saga. The U.S....
The auto industry has experienced several ongoing changes in the five years since host Jim Fitzpatrick last spoke with Mike Maroone

Mike Maroone’s insights on EVs, affordability, expansion, attracting and retaining talent, succession, and much more

- November 28, 2023
The auto industry has experienced several ongoing changes in the five years since CBT News host Jim Fitzpatrick last spoke with industry legend and former AutoNation Executive Mike Maroone in...
Aaron Bickart joins Driving Solutions to discuss the crucial role leasing will play in boosting dealership revenues in the months to come.

The role of leasing in a normalizing car market — Aaron Bickart | OfferLogix

- November 28, 2023
With signs of pre-pandemic norms returning to the market, car dealers are beginning to consider alternative strategies, such as leasing, to maintain their profit margins. Understanding the industry's current trajectory...


CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.