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Ford plans to increase price of Mustang Mach-E
Ford Motor Company announced it will increase the starting price on the Mustang Mach-E electric crossover. The increase will range from roughly $3,000 and...
Pilot Co. and Flying J agree to take stake in Kodiak...
Pilot Company, which operates the Pilot and Flying J travel centers, has agreed to take a stake in driverless truck startup Kodiak. Warren Buffet’s...
CBT automotive newscast: August 29, 2022
Inside Automotive:
Chief Economist Jonathan Smoke breaks down findings from Cox Automotive's Q2 Dealer Sentiment Index
Cox Automotive released its Q2 Dealer Sentiment Index, which provides...
Unemployment insurance applications fall for second week in a row
There’s finally some good news from the U.S. labor market as applications for unemployment insurance fell for the second week in a row.
According to...
Bugatti sold out into 2025 despite rising inflation and economic concerns
It seems rising inflation and economic concerns aren’t slowing the spending habits of the ultra-wealthy in the United States. At least not according to...
CBT automotive newscast: August 26, 2022
Inside Automotive:
Dealer Aaron Zeigler on the pre-owned market, EV adoption, and vehicle affordability
Every dealer wants to see their sales improve, but what are you...
U.S. Bank announces real-time payment solution for auto dealers
U.S. Bank says it has completed a pilot program which will allow instant payments to more than 800 auto dealerships and has plans to...
Lincoln unveils the L100, its new electric concept car
Lincoln’s new electric concept car combines the company’s past legacy with its vision for the future. Lincoln unveiled the futuristic design as a part...
Ford announces layoffs as part of its shift to EVs
Ford has begun notifying certain salaried and agency workers of layoffs this week, according to an internal email sent to its employees.
Ford has been...
CBT automotive newscast: August 24, 2022
Inside Automotive:
Dealer Chris Saraceno on business today: 'We have to focus on what we can control'
Despite rising interest rates, inflation, and concerns about vehicle...