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Honda and General Motors to develop three new EV platforms

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After announcing earlier this month that they will be partnering to develop "affordable" electric vehicles, Honda and General Motors have now stated they plan...

Honda reveals big plans for long-term electrification push

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In a recent briefing, Honda Motor Co. laid out its plans through 2030, including significant investments in the electrification of its products. The automaker will be...
Honda

Honda lays out $40 billion-dollar plan for electrification

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Honda has laid out a detailed roadmap toward electrification over the next decade. From collaborations with other car companies to battery sourcing and model releases, the...

GM and Honda to collaborate on affordable EV development

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On Tuesday, April 5, General Motors and Honda announced a joint project to develop electric vehicles centered around the Ultium battery platform. The partnership...

Honda brings focus back to reliability with 10-year-old CPO vehicle program

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On Thursday, Honda unveiled a new program for pre-owned car shoppers they hope will provide a competitive advantage in sales. The program is called...

New metrics to brag about in new car business

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Traditionally, a dealership’s new-car business is monitored by monthly sales results. Like the sports teams we passionately cheer for, the success of auto brands has been determined by monthly new vehicle sales “scores.” Industry analysts then pour over volume data to measure and rank the markets “winners and losers.”  Today’s guest suggests that many other […]
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sales

US new vehicle sales in November are down once again

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Auto sales are yet again being hindered by the ongoing supply chain issues, with a handful of automakers reporting notable drops in sales for the month of November. While a lack of sales sometimes comes when there is a drop in demand, consumers are still eager to buy new vehicles. However, they cannot find the […]
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automakers

Which major automakers performed the best in May 2021?

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With automotive factories crippled by the chip shortage and closed showrooms, it would make sense to see passenger car and SUV sales dive, but that hasn’t been the case when evaluating the May 2021 auto sales numbers. A few of the numbers aren’t what we could have expected after many months of lockdowns, but there […]
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sales

Automakers reporting historic sales for April 2021

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After one of the strongest quarters in American auto retail history, several carmakers have already reported the best sales months for their brands ever for April 2021. Reports from Hyundai and Kia as well as Honda and Acura surpassed record March sales, and it’s all but guaranteed many other carmakers will be in the same […]
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Joe Shuster

Joe Shuster discusses his role in reviving Honda of Downtown Los...

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Today on CBT News, host Jim Fitzpatrick is joined by Joe Shuster, Dealer Principal at Honda of Downtown Los Angeles. Shuster was instrumental in reviving the Honda dealership after it spent nearly a decade in bankruptcy. Last summer, Honda of Downtown LA sold for $80 million. Shuster begins the conversation by sharing his story of […]
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