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Electric vehicle battery maker Northvolt announces $1.1 B funding boost with...

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Volkswagen and Goldman Sachs Asset Management participated in a $1.1 billion funding round for electric vehicle battery maker Northolt. The funding will be used...

CBT automotive newscast: July 6, 2022

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Inside Automotive: Why car dealerships must offer customers a seamless way to transact online As we recently reported on CBT News, TrueCar has acquired the automotive retail and financial technology...
rivi

Around 95,000 unfinished vehicles sit idle at GM facilities

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General Motors is a sitting duck as they wait for important parts and materials to repair and develop more vehicles. As a result, one...

CBT automotive newscast: July 5, 2022

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Inside Automotive: How quality of work life affects job satisfaction and employee retention - David Lewis Quality of work life is one of the driving factors...

GM is only producing 12 Hummer EVs per day, reservations near...

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With almost 80,000 people on the waitlist, General Motors is struggling to keep up with the demand for its new electric Hummer. GM is...

June auto sales down from 2021, General Motors reclaims crown from...

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Automakers are starting to report their monthly sales results for June and the second quarter. General Motors' light-vehicle sales fell 15% in Q2 as...
automotive

CBT automotive newscast: July 1, 2022

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Inside Automotive: NADA Update: President Mike Stanton on industry challenges, diversity efforts, and the 2023 NADA Show In every corner of the country, people are still...
tax credit

Federal EV tax credit renewals are stuck in limbo

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There has been much talk between members of Congress, OEMs, and other automotive retail professionals about electric vehicle tax credits. At the moment, there...

New vehicle quality dips sharply, J.D. Power Study reveals

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J.D. Power's 2022 Initial Quality Study, which was recently published, showed a sharp decline in newly built cars in 2022, 11% to be exact....

CBT automotive newscast: June 30, 2022

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Inside Automotive: What do Gen Z car buyers think about the retail process? - Brendan Dougherty | CDK Global CDK Global recently released findings from a...