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CBT automotive newscast: May 12, 2022
Inside Automotive:
Why Ford’s F-150 Lightning is the legitimate start of the EV race – Kevin Tynan | Bloomberg Intelligence
First-quarter numbers are rolling in for...
Is this mistake costing your service drive lucrative business? – Michael...
We’re now in the second quarter of the year after a robust and profitable 2021 for many in the industry. Today on Inside Automotive,...
Tesla issues another recall and over-the-air update
Tesla announced this week it is recalling almost 130,000 vehicles due to issues with the central processing unit that can cause the center display to overheat...
As EV startups shed value, mass-market brands take foothold in electric...
On Monday, Rivian Automotive's stock prices were bleeding red once again. Pre-market trading saw the startup EV truck maker's price hovering around $25 per share, down...
Lordstown Motors announces $90M loss and stalled Foxconn deal for Q1
Ohio-based Lordstown Motors released its first-quarter results on Monday, which reported a loss of $90 million and total available remaining cash of $203 million. The company...
CBT automotive newscast: May 10, 2022
Inside Automotive:
How to help car buyers avoid information overload and make purchase decisions
In today’s world of social media and unlimited access to information, car...
Over 800 General Motors dealers have signed up for CarBravo
After opening registration in January, General Motors North America Vice President Steve Carlisle said last week that over 800 auto dealers have agreed to utilize GM's...
Lucid Group releases Q1 results, says prices will rise in June
Lucid Group released its first-quarter results last week, which showed the luxury electric automaker brought in $57.7 million in revenue and delivered 360 vehicles to its...
CBT automotive newscast: May 9, 2022
Inside Automotive:
GNYADA Pres. Mark Schienberg on electric cars, OEM direct sales, and the New York Auto Show
Today on Inside Automotive, we’re pleased to welcome...
Supply chain update: Not enough chips for chipmaking machines
In a strange catch-22, chipmakers are running out of the chips needed for their chipmaking machines. And it's going to affect everyone unless priorities...