Tag: auto industry news
Lucid reveals mixed bag of first-quarter earnings, struggles to spur demand
Amidst growing concerns over brand recognition, electric vehicle manufacturer Lucid has published its quarterly financials, revealing a mixed bag of encouraging growth and ongoing...
Speed in car sales: How to shorten customer wait times —...
On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Sean Gardner, instructor and sales trainer at the Joe Verde Group, to...
Warren Buffet, Charlie Munger decline to pick winner in EV race
In remarks given during a weekend conference, CEO Warren Buffet and vice chairman Charlie Munger, both of investment firm Berkshire Hathaway, expressed uncertainty over...
Farley confirms Apple CarPlay, Android Auto will stay in Ford vehicles
CEO Jim Farley reaffirmed Ford's commitment to continue supporting third-party apps such as Apple CarPlay and Android Auto in its vehicles during a May...
What dealerships need to do to attract tomorrow’s top talent —...
Welcome back to another edition of Inside Automotive with your host Jim Fitzpatrick, on the CBT Automotive News Network. We are pleased to be...
UAW won’t endorse Biden without EV promises, calls Trump re-election a...
The United Auto Workers (UAW) union is refusing to endorse President Biden's reelection campaign until his administration addresses concerns arising from the electrification of...
Federal Reserve raises interest rates, says economy is ‘closer’ to end...
Although May 3 saw interest rates rise for the tenth time since March 2022, the Federal Reserve has seemingly adopted a new stance on...
Stellantis makes progress in Q1, sees easing semiconductor shortage
Higher prices and stabilizing supply chains allowed Stellantis to push first-quarter revenues and shipments ahead of their 2022 numbers.
The automaker reported net revenues of...
Ford sees sales, profits increase in Q1, but struggles with EV...
The first quarter brought stronger sales volume, cash flow and profits for American auto manufacturer Ford, according to its earnings summary released May 2.
The...
Shep Hyken’s top 3 ‘Golden Rules’ to improve the employee experience
Employee experience should be prioritized and invested in as it ultimately impacts your bottom line. Joining us on another episode of Inside Automotive is...
