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LMP Automotive sells more assets, seeks approval for plan of liquidation
LMP Automotive Holdings, Inc. and its affiliates announced on Monday that it has entered into an all-cash asset sales agreement to sell several automotive...
CBT automotive newscast: August 10, 2022
Inside Automotive:
How GM Brandon Apon is modifying recruiting strategies to attract more staff
It’s crucial for car dealers and managers to understand what’s going on...
5 of the hottest electric cars on the market and 5...
Electric cars are growing in popularity. With each coming month, more and more Americans are growing warmer to the idea of owning an electric...
CBT automotive newscast: August 9, 2022
Inside Automotive:
How Jeff Wyler Automotive plans to use its innovative new retailing platform to beat disruptors
Jeff Wyler Automotive Family recently launched a 100% online...
Dealership mergers and acquisitions keep going strong in July
Profit levels are rising even with high inflation and increasing interest rates. This has prompted many dealerships to merge or completely acquire others. July...
Kentucky Automobile Dealers Association pres. Jason Wilson on the state of...
The Kentucky Automobile Dealers Association (KYADA) recently held its 75th annual convention in Asheville, North Carolina. Today on Inside Automotive, we’re pleased to welcome...
High transaction prices, supply chain woes stifle July auto sales
According to Cox Automotive, July’s new auto sales will likely see a 2.1% drop compared to last month and a 13% decrease compared to...
CBT automotive newscast: August 3, 2022
Inside Automotive:
How automakers are restructuring for the current pricing environment — Kevin Tynan, Blomberg analyst
We’re in the heart of earnings season, so today on...
High gas prices shrink gap between EVs and gas-powered cars in...
The recently released J.D. Power 2022 U.S. Automotive Performance, Execution and Layout (APEAL) study revealed that battery electric vehicle owners are less satisfied with charge...
Hyundai unveils the Ioniq 6, the automaker’s first electric sedan
On Thursday, Hyundai announced its first EV sedan, the Ioniq 6. The South Korean carmaker hopes this strategy will help the company to increase...