Tag: auto industry
CBT automotive newscast: May 5, 2022
Inside Automotive:
Florida dealer AJ Hiers on the future of the franchise dealership model
Is the franchised dealer structure coming under attack? Today on Inside Automotive,...
Elevating service department productivity and profitability with Xtime’s Skyler Chadwick
Did you know that $214 billion in revenue is available to capture by dealership service providers? Service departments that are looking to dial up more...
U.S. government to allocate over $3 billion to EV battery manufacturing
On Monday, U.S. government officials said that over $3 billion of last year's $1 trillion infrastructure bill would be put towards electric vehicle (EV) battery...
BMW Group and Ansys to further partnership for autonomous driving tech
The BMW Group and technology firm Ansys have announced they will be furthering their partnership to develop software for autonomous driving and advanced driver-assistance systems. The...
Georgia to give Rivian $1.5 billion in tax credits and incentives
In a statement earlier this week, the State of Georgia and Rivian Automotive Inc. said the electric automaker would be receiving $1.5 billion in incentives and...
Bridgestone reveals new tire model specifically made for electric buses
On Tuesday, Bridgestone announced it has launched its new R192E tire developed specifically for electric buses. The company says its new tire will assist in...
CBT automotive newscast: May 4, 2022
Inside Automotive:
Experience over price: How to boost brand and dealership loyalty - Bob Lanham | Meta
According to a recent study from Meta, 80% of...
Why transparency and communication are key to modern auto retailing
On this edition of Inside Automotive, we're pleased to welcome back Hugh Hathcock, Owner and Founder of Velocity Automotive, and Kalah Hathcock, Executive Vice President...
Volkswagen partners with Qualcomm for chip technology
On Monday, German newspaper Handelsblatt reported that Volkswagen has agreed to partner with U.S.-based Qualcomm to develop self-driving vehicles. Volkswagen Chief Executive Officer Herbert Diess reportedly visited the...
Hyundai exec. José Muñoz to oversee new projects for the automaker
Hyundai Motor North America’s President and Chief Executive Officer, José Muñoz, is reportedly taking on more responsibilities for the automaker as he joins the company’s Board...