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automotive

CBT automotive newscast: August 23, 2022

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 Inside Automotive: COO Ed Roberts discusses shifting to a pre-order model at Bozard Ford Lincoln Almost everyone in retail automotive is experiencing or talking about high-profit...
Rivian

Rivian cancels least expensive R1T trim, customers express disappointment

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Some customers are not pleased with Rivian's decision to cancel the entry-level version of its R1T electric truck, essentially raising the price of its base model electric truck by...
GM

GM restores quarterly dividend more than two years after its suspension

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General Motors has announced its plans to reinstate quarterly dividend payments after previously suspending them in response to the impact on sales and production caused by the...
EV buyers

Barriers and opportunities the auto industry must address to achieve an...

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Popular media would have us believe that the automotive industry is on a smooth and rapid transition to EVs. At the same time, governments...
electric

17-year-old invents new electric motor that could reduce EV costs

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A 17-year-old inventor might have just helped pull down the cost barrier for cost-conscious consumers of electric vehicles. While electric cars have become more...
tax credits

Only 20 EVs are still currently eligible for tax credits

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The Biden administration said yesterday that about 20 models of electric vehicles would qualify for tax credits worth up to $7,500 through the end...
EV owners, electric vehicles

EV owners unsatisfied with public charging experience, J.D. Power study finds

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According to findings in a recent study by J.D. Power, electric vehicle owners are struggling to find adequate and operable charging stations, especially in high-volume...

CBT automotive newscast: August 18, 2022

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Inside Automotive: How auto dealers are adapting to changes in new car buying behavior In the last few years, new and used car dealerships across the...

CBT automotive newscast: August 17, 2022

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Inside Automotive: Why your car dealership must build a robust first-party data strategy Car dealers and marketers need to develop their understanding of first-party data once...
subscription-based services

Automakers rev up subscription-based services, but will customers get on board?

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This past July, media outlets took notice that BMW was selling subscription-based services, with a price tags of $18 a month, $300 for three...