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Tesla

Tesla inches near annual sales goal on record-setting Q3

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On Friday, Tesla issued their Q3 report on production and sales for 2020. Overall, the EV automaker announced in a news release that they produced 145,036 vehicles across their four current model platforms and delivered 139,300 of those vehicles to customers. Those figures represent an astounding increase in quarterly sales and deliveries over second-quarter sales […]
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Tesla

CBT automotive newscast: October 5, 2020

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Today’s Featured Interview: CBT News Market Update: Doug Petersen, Larry H. Miller Group & Jason Knight, LotLinx To quickly recap this week’s numbers, the retail SAAR...
automotive newscast

CBT automotive newscast: September 30, 2020

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Today’s Featured Interview: CNCDA President Brian Maas weighs in on Gov. Newsom's order to ban new gas-powered vehicles Last week California’s Governor, Gavin Newsom, signed an...
vehicle

CBT automotive newscast: September 25, 2020

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Today’s Featured Interview: Volvo Car USA makes long-term investment in auto technicians with new program Technician tools can be a huge expense to someone early in...
automotive retail

CBT automotive newscast: September 10, 2020

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Today's Featured Interview: Google's automotive retail head Lissette Gole, discusses meeting modern consumer demands Digital retailing has become a necessity for dealers in the midst...
Newscast

CBT Automotive Newscast: August 26, 2020

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Today’s Featured Interview: CEO Alex Goldfayn Discusses Key Communication Strategies to Generate More Sales Many of our personal and professional lives have been altered since the start of Coronavirus, but that doesn’t mean optimism and positivity have to take a back seat. Sales and profit are still happening! Today we’re talking to Alex Goldfayn, CEO […]
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auto news

CBT Automotive Newscast: August 24, 2020

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Today’s Featured Interview: CBT News Market Update: Shawn Vaughn, VBM Auto Group & Sean Peoples, LotLinx On this week’s episode of the CBT News Market Update, new car sales came out to a retail SAAR of 11.74, down 9.4% from 13.42 in 2019. The inventory of new vehicles sold took a 7.3% drop year over […]
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Tesla and Other EV Makers Ramping Up Production Despite Flat First...

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The EV market has made tremendous strides throughout the course of 2020. New electric offerings have hit showrooms and new EV brands have emerged with plans to launch all-electric models in the coming year. While EVs have made major progress, they weren’t able to escape the financial impact of COVID-19. Like the rest of the […]
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Rivian R1T Tops List of Most Anticipated Electric Trucks

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It’s been highly speculated whether or not truck shoppers would generate enough interest in all-electric pickups to give them staying power on the market. However, recent interest spikes show that upcoming electric models have gained genuine anticipation with consumers. A recent survey of Tweets showed trending anticipation for electric trucks across all 50 states based […]
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Staff Shortages Continue Delaying Inventories

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OEMs have started the process of resuming operations at plants as they were pre-pandemic. While many employees have returned, most factories are still lacking key personnel. This creates extremely difficult challenges for automakers as they try to keep up with surprisingly high demand.  According to data collected by Orbital Insight, average weekday foot traffic has […]
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