TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%


OEM news

When OEM policies negatively affect business, dealers and associations have several options to get the attention of OEMs and seek recourse.

Self-advocacy: How dealers can handle hot-button OEM issues

- June 13, 2023
The relationship between dealers and OEMs in our industry is crucial for mutual success. However, as we all know, conflicts frequently arise as OEM policies can negatively impact dealers' businesses....
Earlier this week: Honda unveiled the first electric Acura model, used car prices fell in May, and more headlines in automotive industry news.

Weekly roundup: First look at the 2024 Acura ZDX, study claims EVs could save 90K lives, used car prices drop

- June 9, 2023
Earlier this week: General Motors announced plans to invest more than $1 billion into two Michigan plants to produce its next-generation EV pickups. The U.S. Senate approved a bill suspending...

Hyundai and LG Energy Solutions unite to build $4.3 billion EV battery plant in Georgia

- May 26, 2023
In a significant stride toward cleaner energy initiatives, Hyundai and LGES have announced their joint plans to establish a cutting-edge electric vehicle (EV) battery plant in Georgia, marking another significant...
Rival automakers Ford and Tesla reveal a new strategic partnership that could permanently change EV charging infrastructure for drivers.

Joining forces: Ford EVs to gain access to Tesla superchargers

- May 26, 2023
Rival automakers Ford and Tesla revealed a surprising new strategic partnership that could permanently change electric vehicle charging infrastructure for drivers. In a joint announcement on May 25, Ford CEO Jim...
Escalade Cadillac

GM confirms plans to release electric Cadillac Escalade later this year

- May 22, 2023
General Motors has confirmed the release of an all-electric version of its flagship Cadillac Escalade later this year.  The Detroit automaker said the new SUV would be called the "Escalade IQ,"...
Polestar SUV

Polestar delays SUV release to 2024, cuts workforce by 10%

- May 12, 2023
On May 11, Swedish EV maker Polestar trimmed its full-year production guidance to between 60,000 and 70,000 vehicles, claiming that its Polestar 3 SUV will be delayed until 2024 due...
Stellantis

Stellantis will steer clear of Tesla-led EV price war says CEO

- April 28, 2023
Tesla's recent and drastic price cuts on its electric cars in various markets have shaken the global auto industry. However, automaker Stellantis has remained steadfast in its EV strategy and...
tax credit, tax credits, revisions

Most EV models likely to earn partial or full tax credit under new revisions

- April 17, 2023
With the Treasury Department's electric vehicle tax credit revisions set to apply on April 18, new research suggests their effect on automaker sales will be limited. The new guidelines tighten domestic...

Government pressure on OEMs to produce EVs: An industry misstep?

- April 14, 2023
In a world where market forces often dictate the direction of the automotive industry, with the latest Federal government plans, it’s becoming increasingly clear that the government’s push for electric vehicles...

Ford announces $1 Million scholarship program to support students pursuing careers as automotive technicians

- March 30, 2023
• Investment backed by Ford Fund and Ford Dealers will help meet the high demand for highly skilled automotive technicians across the industry • Scholarship program aims to foster diversity and...


CBT News
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