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A handful of C-suite roles change in auto industry this week

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In the past few days, significant roles in the automotive industry have shuffled. The moves impact major carmakers like Ford, Mercedes-Benz, and Chrysler as...
Ford lightning

Ford doubles F-150 Lightning production target on strong demand

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It’s been just over three months since Ford announced the all-electric version of their best-selling pickup, the F-150 Lightning. Deliveries are expected to start...
Q2 profit

Carmakers exceed expectations for Q2 profit in the US

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As anticipated, the first few days in August have second-quarter financial reports rolling in from carmakers. In large part, Q2 2021 has been one...

Auto industry leaders ruffle feathers with recent tweets

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Elon Musk hasn’t particularly cared about tradition and has often upset those who have enjoyed the control they had on their business environment. Recently,...
General Motors

General Motors CEO Mary Barra’s pay increased to $23.7M in 2020

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General Motors CEO Mary Barra experienced a pay raise in 2020. Barra remained the highest-paid CEO of the major Detroit automakers last year, earning...

Ford CEO Jim Farley jabs Tesla for FSD testing

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Tesla might have led the way with battery electric technology, but Ford isn't going to take the fight lying down. With the release of...
Ford

Ford to allow 30,000 executives to utilize a hybrid work model

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Ford Motor Company announced on Wednesday that roughly 30,000 white collar workers will have the choice for when, if, and how often they will...

Wrapping up the 2021 NADA Virtual Show

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The first ever virtual National Automobile Dealers Association (NADA) show is coming to an end. The virtual experience began on Tuesday, February 9 and...
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...
kia dealers

CBT Automotive Newscast: August 5, 2020

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Today's Featured Interview: Vince Sheehy Celebrates Sheehy Auto's Sales and Charitable Initiatives There are countless lessons to learn during the COVID-19 pandemic. Dealers are learning more...