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Stellantis denies merger rumors amid growing industry consolidation buzz
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Dave Cantin Group’s Jump IQ Named “Dealership Solution Of The Year”...
NEW YORK, October 9, 2024 – The Dave Cantin Group’s Jump IQ software was named “Dealership Solution of the Year” today in the fifth...
GM abandons Ultium brand name, shifts to tailored battery solutions
General Motors (GM) is set to abandon the Ultium brand name for its electric vehicle (EV) batteries and technologies, signaling a significant shift in...
Honda reveals bold plans for 0 Series EV lineup, targets 750,000...
At Honda’s 0 Tech Meeting 2024, the automaker unveiled its ambitious roadmap for electrification, centered around the new 0 Series of electric vehicles. Built...
GM to reassure shareholders on EV strategy and ICE profit margins...
General Motors (GM) will aim to calm shareholder concerns on Tuesday regarding slower-than-expected demand for electric vehicles (EVs) and perceived peak demand for gasoline-powered...
Lucid exceeds Q3 delivery expectations amid discounts and financing boosts
Lucid Motors exceeded market expectations for third-quarter deliveries, reporting a total of 2,781 vehicles handed over by September 30, surpassing analysts’ estimates of 2,242....
Florida auto dealers prepare for Hurricane Milton
As Hurricane Milton rapidly intensified into a Category 5 storm on October 7, auto dealerships across Florida's Gulf Coast began taking crucial precautions. Although...
Rivian cuts production forecast amid parts shortage and cooling EV demand
Rivian slashed its full-year production forecast on Friday and missed its third-quarter delivery expectations, citing a parts shortage and weakening demand for electric vehicles...
Nissan recalls nearly 24,000 Leaf EVs due to fire risk during...
Nissan is recalling 23,887 Leaf electric vehicles (EVs) in the U.S. due to a fire risk when using DC fast chargers. The recall affects...
U.S. automakers face mixed Q3 sales as affordability concerns weigh heavily...
Ford, Stellantis, and other major U.S. automakers reported mixed third quarter sales results, highlighting ongoing challenges in the industry as consumers grapple with affordability...