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Penske Automotive reports its most profitable quarter to date

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Penske Automotive Group has reported its quarterly earnings for Q2 2022. According to a recent press release, Penske produced an all-time record for earnings...

CBT automotive newscast: July 27, 2022

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Inside Automotive: Buy/sell expert Alan Haig on buyer confidence and industry consolidation Are you wondering if now is the time to sell your car dealership or...

CBT automotive newscast: July 26, 2022

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Inside Automotive: Exclusive: New Lordstown Motors CEO Edward T. Hightower shares major plans for EV fleet buyers Lordstown Motors has a new CEO and the announcement...

CBT automotive newscast: July 22, 2022

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Inside Automotive: 5 crucial qualities sales managers should look for when hiring salespeople — Matt Easton Are you a sales manager that has been tasked with...
GM

CEO Mary Barra: General Motors BEVs will outsell Tesla by 2025

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In an interview with the Associated Press, General Motors Chief Executive Officer Mary Barra laid out the automaker’s plans and expectations for the future....

CBT automotive newscast: July 21, 2022

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Inside Automotive: Mid-year US auto sales analysis with NADA's Chief Economist Patrick Manzi The National Automobile Dealers Association recently issued its second-quarter economic and auto sales...

CBT automotive newscast: July 19, 2022

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Inside Automotive: How is the automotive buy/sell market performing in light of economic headwinds? Welcome to another edition of Inside Automotive. Today, we get an update...

CBT automotive newscast: July 12, 2022

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Inside Automotive: 3 best practices for addressing higher vehicle prices with customers — Sean Gardner Many auto dealers are charging over market adjustment prices for the...
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The noteworthy takeaways from July’s Automotive Ventures Intel Report

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Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...

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...