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Auto tariffs mount $108B cost, GM announces layoffs, Tesla’s shares drop

Top Stories

Study finds U.S. auto tariffs expected to cost automakers $108 billion. Read More

General Motors announces temporary layoffs due to EV demand decline. Read More

Tesla tumbles 7% as tariff fears resurface and analysts cut price targets. Read More

U.S. auto credit access reaches highest level since December 2022. Read More

Featured Interviews 

Jason Wilson, President of the Kentucky Automobile Dealers Association, joins us on to discuss the ripple effects of the tariff changes.Kentucky Auto Association President Jason Wilson weighs in on new tariffs
As new tariffs take effect, car dealers across the country are watching closely—and none more so than those in Kentucky. Jason Wilson, President of the Kentucky Automobile Dealers Association (KADA), joins us on the latest episode of Inside Automotive to discuss the ripple effects of the tariff changes, how dealers are responding, and why this moment echoes past industry upheavals from COVID to the 2008 financial crisis. Watch the full segment here

LoanbridgeAutomotive Ventures backs LoanBridge.ai to modernize the repossession process
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us this week. This week, I’m excited to announce the newest investment out of our new fund, LoanBridge.ai. At Automotive Ventures, we’re always looking to back founders who are reimagining broken, inefficient systems in the automotive ecosystem. Watch the full segment here.

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CBT News
CBT News
For over 12 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

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