Tag: auto industry
Penske Automotive quarterly results reach all-time record
In its financial results report on Wednesday, Penske Automotive Group, Inc. said it had reached record high numbers for the first quarter. The transportation...
Group 1 Automotive revenue soars in Q1
Group 1 Automotive, Inc. released its financial results on Wednesday, which showed the international auto retailer posted record numbers for the first quarter. Net...
LMC Automotive and J.D. Power predict decline in new car sales...
LMC Automotive and J.D. Power said in a report on Wednesday that they are predicting a drop in new vehicle sales in the U.S....
Lucid Group to provide Saudi Arabia 50,000 electric cars over the...
California-based Lucid Group Inc. said this week that the government of Saudi Arabia has agreed to buy at least 50,000 Lucid vehicles throughout the next decade....
CBT automotive newscast: April 28, 2022
Inside Automotive:
The 3 most vital elements of customer service today with Shep Hyken
Shep Hyken, customer experience expert and New York Times best-selling author, recently released the...
Why car dealers can’t afford to overlook tire sales – David...
Welcome to another edition of Inside Automotive on the CBT Automotive Network. Tires are essential in everyday life, whether you're a car dealer or...
AIADA continues fight against union-only EV tax credits
Welcome to another edition of Inside Automotive with Jim Fitzpatrick. Today’s guests are John Connelly, the 2022 Chairman of AIADA and President of Acura...
Ford takes on Tesla in race for electrified vehicle supremacy
In what’s arguably the most anticipated EV release, Ford’s production for the electric F-150 Lightning is now underway. As the first units rolled off...
Lotte Chemical, Soelect join forces to expand electric car battery production...
On Tuesday, South Korea’s Lotte Chemical and North Carolina-based electric vehicle battery maker Soelect announced they had signed a memorandum of understanding indicating a...
Hertz Partners with Amazon Web Services to boost mobility
In a press release this week, Hertz said it will be partnering with Amazon Web Services (AWS) to “modernize and digitize the Hertz customer experience and...
