Women Driving The Industry
Jenell Ross celebrates 50 years at the helm of the nation’s only black woman-owned Buick, GMC, and Mercedes-Benz Dealership
The Bob Ross Auto Group, founded by Robert P. Ross Sr. in 1974, is a family-owned business that has accomplished much in the automotive industry. Following Robert’s passing, his wife Norma and their children, Jenell and Robert Jr., continued his legacy, expanding the dealership and receiving awards for business excellence and community service. Today, Jenell Ross, the President of Bob Ross Auto Group, leads the only Buick, GMC, and Mercedes-Benz dealership owned by an African American woman. In this episode of Women Driving the Industry, we explore Jenell’s personal journey as a leader in the automotive industry and her active role in her Ohio community. Watch full segment here.
Top Stories
New vehicle days’ supply shrinks under weight of demand. Read More
Nissan lowers profit forecast after slow sales. Read More
States sue to take down EPA’s emissions guidelines. Read More
Tesla recalls Cybertrucks over faulty accelerator pedal. Read More
For Dealers
Automotive weekly roundup: Tesla layoffs, governors protest unions, Mexico refuses incentives
Earlier this week: A leaked internal memo reveals that Tesla will lay off 10% of its global workforce after quarterly sales declined. New car inventory levels continue surging as the year’s best-value models emerge. General Motors will move from its home of nearly 30 years to the Hudson’s Detroit building. Governors from six southern states issue a statement warning residents against unions as Volkswagen workers vote on whether to join the UAW. Mexico reportedly denies incentives to BYD and other Chinese automakers due to pressure from U.S. officials. Read More
Five key factors driving the sharp increase in auto insurance costs
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry. I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us. A great article by Keith Naughton at Bloomberg this past week summarized why car insurance keeps getting more expensive. The cost of auto insurance in the U.S. rose by more than 22% in the 12 months ending in March, which is the largest jump since back in 1976. Read More