Dealers' #1 source for auto industry news, content, coaching & analysis

Tesla breaks Q4 record, Rivian deliveries slip, GM files lawsuit over tax bill

Inside Automotive 

With just a few weeks left until the exquisite NADA Show (February 1-4), the NADA video competition has a winner– Brian Hutch.NADA Show video competition winner Brian Huth joins Chairman Bobby Sight to discuss the upcoming event
On the latest episode of Inside Automotive, we’re joined by Bobby Sight, NADA Show Committee Chairman and NADA Show video contest winner, and Brian Huth, General Manager of Five Star Ford Dallas. In this exclusive interview, we’re learning more about the winner and what we can expect from this year’s show. Watch the full segment here

Top stories

General Motors (GM) filed a lawsuit alleging that San Francisco had unfairly taxed them $108 million over a seven-year period.
GM’s Cruise rides through the streets of San Francisco.

General Motors filed a lawsuit alleging that San Francisco had unfairly taxed them $108 million over a seven-year period. According to GM, San Francisco linked its tax bill to a percentage of its global revenue by including its Cruise self-driving subsidiary. As a result, more than $3 billion was subject to city taxes last year. However, the automaker has argued that its core automotive business does not employ anyone in the city, has no physical locations or dealerships, and only sells a small amount of retail goods in the city. Read More

Tesla released its Q4 and full-year 2023 delivery results, reaching yet another milestone by exceeding delivery of 476,000 cars in Q4.Tesla released its Q4 and full-year 2023 delivery results, reaching yet another milestone. Given that the Austin-based EV manufacturer expected to deliver 1.8 million vehicles by 2023, the automaker needed to deliver around 476,000 cars by the end of the year to reach its target. On January 2, Tesla confirmed its Q4 2023 delivery and production results, securing it delivered 484,000 vehicles. Read More

Rivian has recently released the production figures for the quarter and year ending on December 31, 2023 at its Normal, Illinois, factory.
Image Source: Motor Trend

Rivian has recently released the production figures for the quarter and year ending on December 31, 2023. According to the disclosure, the company has manufactured 17,541 vehicles at its Normal, Illinois, factory and delivered 13,972 to customers. For the first three quarters of the year, Rivian’s output and deliveries steadily increased, but while production figures rose in Q4, deliveries fell by 10.2% from the previous quarter. Read More

For Dealers 

What better way to welcome the new year than by checking out the exciting breakthrough vehicles that are bringing the heat in 2024?
2024 Chevrolet Equinox EV 1LT

10 of the most exciting vehicles hitting the streets in 2024
What better way to welcome the new year than by checking out what breakthrough vehicles are on the horizon in 2024? We’ve highlighted 10 of the most exciting examples. Of course, “exciting” means different things to different people. In addition to cars with stellar performance capabilities, you’ll find vehicles that stand out for other reasons. For instance, Chevy and Volvo are breaking through with lower-priced EVs, while Toyota is going upscale. Meanwhile, the VW ID Buzz brings a modern twist to nostalgia. Read More

Honda's venture into CPO leasing is just one indicator of the innovative paths dealerships might explore to thrive in the future.
Noriya Kaihara, President, CEO, and director of American Honda Motor Co.

Honda’s leap into used car leasing: a signpost to the future for dealerships
As Honda announces its foray into certified pre-owned (CPO) vehicle leasing, it may be that the automotive industry stands at a curious crossroads. This move isn’t just innovative; it’s a telling sign of the times. It could be the announcement of a seismic shift in consumer behavior and market dynamics that dealerships can’t ignore. Read More

Stay up to date on exclusive content from CBT News by following us on Facebook, Twitter, Instagram and LinkedIn.

Don’t miss out! Subscribe to our free newsletter to receive all the latest news, insight and trends impacting the automotive industry.

CBT News is part of the JBF Business Media family.

Jaelyn Campbell
Jaelyn Campbell
Jaelyn Campbell is a staff writer/reporter for CBT News. She is a recent honors cum laude graduate with a BFA in Mass Media from Valdosta State University. Jaelyn is an enthusiastic creator with more than four years of experience in corporate communications, editing, broadcasting, and writing. Her articles in The Spectator, her hometown newspaper, changed how people perceive virtual reality. She connects her readers to the facts while providing them a voice to understand the challenges of being an entrepreneur in the digital world.

Related Articles

Latest Articles

From our Publishing Partners