Top stories
Fisker Seeks Bankruptcy Judge Approval to Sell Over 3,000 Ocean Electric SUVs Read More
General Motors to Pay $145.8 Million Penalty for Excess Emissions in 5.9 Million Vehicles Read More
Featured Interview
According to Experian, captives accounted for the largest new vehicle market share in the first quarter. Melinda Zabritski, Experian’s head of automotive financial insights, will join us on the latest edition of CBT Now to share more details of the State of the Automotive Finance Market Report for the first quarter. Watch the full segment here.
Chinese EVs posing threat to U.S. automakers despite increase in tariffs
There’s growing concern in the U.S. and Europe about the threat of Chinese made vehicles on the legacy automakers, despite the recent announcement from the White House that EV tariffs are increasing from 25% to 100%. Watch the full segment here.
For Dealers
Earlier this week: CDK Global made significant strides in its cyberattack recovery efforts. Tesla posts two consecutive quarters of reduced deliveries for first time. Supreme Court decision threatens Biden’s vehicle emissions cut efforts. Ford CEO Jim Farley urges shift to smaller, affordable EVs for future profitability. General Motors (GM) has been levied with a $145.8 million penalty following a comprehensive government investigation that discovered excess emissions in millions of vehicles. Read More