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What is Ford doing at the Detroit train station?

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While most of the recent news about Ford Motor Co. has dealt with its electric vehicle technologies, the automaker announced last week that it will be partnering with Google to work on its plans of redeveloping the Michigan Central Station in Detroit. The former train station, which has not been in service since early 1988, […]
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Ford

Ford valuation breaks $100 billion for the first time as Wall...

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On Thursday, Ford’s stock price coasted upward to just over $25 per share, pushing its market value past the $100 billion-dollar mark for the first time ever. The market movement comes as investors see Blue Oval’s electrification plans in a positive light and expect Ford to surge in popularity in the coming years.  Deutsche Bank […]
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Ford

Ford October sales results paint a healthy picture of growth

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On Wednesday, Ford announced their October 2021 sales results, and the news was of a healthy, thriving carmaker. Though the total vehicle sales are lower than a year ago, Ford is the top-selling automaker for the second month in a row on the strength of faithful truck buyers and new products that are catching warranted […]
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Ford’s Andrew Ashman discusses the value of revamping the CPO buying...

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Today on CBT News, Andrew Ashman joins the show to discuss the importance of the used-vehicle market. Ashman serves as the U.S. Used Vehicle Manager of Ford Motor Company. During his interview with CBT host Jim Fitzpatrick, Ashman shares insight on Ford’s recently launched, “Ford Blue Advantage,” the company’s all-new used-vehicle digital marketplace. Ashman takes […]
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Ford

As Farley takes helm at Ford, leadership reorganization begins

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Effective Oct 1, Jim Farley took the reins as the eleventh CEO of Ford Motor Company with a mission to strengthen Ford’s automotive operations. Focused on building Ford’s top performers further and expanding into “high-growth opportunities”, along with developing a stable of electric vehicle and autonomous technology, the new CEO began his post with a shuffle […]
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CBT automotive newscast: September 15, 2020

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Today’s Featured Interview: Sonic Automotive's EchoPark brand continues to grow despite industry setbacks - Jeff Dyke Sonic Automotive opened its newest preowned EchoPark brand store in...

CBT automotive newscast: September 8, 2020

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Today's Featured Interview: Corina Diehl on building her auto group, digital retailing, attracting more females into the auto industry After the tragic passing of her...
fleet sales

CBT Automotive Newscast: September 7, 2020

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Today's Featured Interview: CBT News Market Update: Joe Langley, IHS Markit & Neal Gann LotLinx Car-buying behaviors are constantly changing, making it challenging for dealers...
automotive newscast

CBT Automotive Newscast: September 3, 2020

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Today's Featured Interview: Marc Cannon Reflects on AutoNation's Year Thus Far and What's In Store for the Future In the midst of the pandemic, the...
Jim Hackett

Developing Story: Ford CEO Jim Hackett is Out, Jim Farley Steps...

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We have breaking news out of Ford Motor Company. CEO Jim Hackett is stepping down from his position effective October 1st. He will be succeeded by Jim Farley who currently serves as Ford’s Chief Operating Officer. The departure of Hackett comes after three years as the standing CEO of the company. Since Alan Mulally, Jim […]
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