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Alphabet has reaffirmed its commitment to the future of self-driving technology with a substantial $5 billion investment in Waymo.

Alphabet invests $5 billion in Waymo to lead self-driving future

CBT News - 0
Alphabet has reaffirmed its commitment to the future of self-driving technology with a substantial $5 billion investment in its Waymo subsidiary, which will be...
Stellantis reported a decline in first-half net profit, attributed to reduced volumes, temporary production gaps, and lower market share

Stellantis reports a steep decline in first-half profits amid production and market challenges

CBT News - 0
Auto giant Stellantis reported a significant decline in first-half net profit, attributed to reduced volumes, temporary production gaps, and lower market share in North...
According to a Cox Automotive analysis of vAuto data, used vehicle inventory levels at the start of July were lower than in June

Used vehicle inventory falls as DMS outage disrupts sales

Jaelyn Campbell - 0
According to a Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of July were lower than in...
EV charging network ChargePoint recently achieved a significant milestone in its global expansion, reaching 1 million charging ports.

ChargePoint reaches 1 million charging ports amid global expansion

Jaelyn Campbell - 0
EV charging network ChargePoint recently achieved a significant milestone in its global expansion, reaching 1 million charging ports across North America and Europe. Since...
A coalition is urging the federal government to proceed with a rule mandating automatic emergency braking systems in new cars by late 2029.

Safety groups urge government to implement automatic emergency braking rule by 2029

Jaelyn Campbell - 0
A coalition of automotive safety and insurance groups is urging the federal government to proceed with a rule mandating automatic emergency braking (AEB) systems...
Skyler Chadwick joins the Power Lunch to discuss the importance of building trust between dealers and service clients.

Integrating fixed ops strategies with inventory management – Skyler Chadwick | Cox Automotive

CBT News - 0
The automotive industry is flooded with new inventory—and after years of fast turnover, that inventory isn’t moving like it used to. High interest rates...

CBT News opens nominations for 40 Under 40 awards

CBT News - 0
ATLANTA, Georgia (July 25, 2023) — CBT News, the dealer community’s No. 1 resource for in-depth interviews and news coverage, is now accepting nominations...
Production at General Motors' Wentzville, Missouri, plant has come to a halt due to a labor dispute at its seat supplier, Lear Corp.

GM’s Wentzville plant halts production amid Lear Corp. strike

CBT News - 0
Production at General Motors' Wentzville, Missouri, plant has come to a halt due to a labor dispute at its seat supplier, Lear Corp. The...
In a recent report from Bloomberg reveals a staggering 23% surge in auto repossessions during the first half of this year.

Auto repossessions surge amid economic strain: A looming crisis for dealerships

Steve Mitchell - 0
In the wake of mounting inflation and soaring interest rates, millions of Americans face a harsh reality—the inability to sustain exorbitant monthly vehicle payments....
Two digital content creators at Mohawk Chevrolet have taken social media by storm with their hilarious and relatable videos.

How Mohawk Chevrolet’s ‘Office’ parody videos are revving up social media success

CBT News - 0
Two digital content creators at Mohawk Chevrolet have taken social media by storm with their hilarious and relatable videos based on the hit show,...

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