Tag: automotive industry insights
Sen. Bernie Moreno clarifies Trump’s 25% auto tariffs
In recent weeks, the automotive industry has been in turmoil due to concerns over President Donald Trump’s proposed 25% tariffs on automobiles, which have...
UAW’s Shawn Fain challenges industry’s tariff concerns, predicts job growth
As the auto industry braces for the impact of impending U.S. tariffs on imported vehicles, United Auto Workers (UAW) President Shawn Fain is rejecting...
Ferrari to raise prices on some models as U.S. tariffs take...
Ferrari has announced price increases of up to 10% on specific models in response to new U.S. import tariffs set to take effect on...
Fisker Oceans receives second chance as part of NYC rideshare fleet
Welcome back to the latest episode of “The Future of Automotive” on CBT News, where we put recent automotive and mobility news into the...
March new-vehicle sales forecast indicate slowing market trends
According to the latest data from Cox Automotive, March new-vehicle sales are expected to show year-over-year growth, but signs of the market slowing are...
Strategies to overcome tightening inventory in the used car market –...
As used car prices remain near historic highs, dealers continue to navigate affordability concerns and inventory shortages. In today’s episode of CBT Now, Seth...
Best EV lease deals in March 2025
As electric vehicle (EV) adoption continues to grow, leasing remains an attractive option for consumers looking to save on monthly payments. With EV sales...
Jeff Dyke on Sonic Automotive’s stellar 2024 and future growth
On today’s episode of Inside Automotive, Jeff Dyke, president of Sonic Automotive, shares the company’s impressive fourth-quarter earnings and outlook for 2025. He also...
Trump unlikely to enforce auto tariffs on April 2
The Trump administration is unlikely to implement automobile tariffs on April 2, marking a significant shift from its original trade policy. This news was...
Ford’s dividend at risk amid tariffs and declining profitability
Ford's dividend payout is facing significant pressure due to the impact of new U.S. import tariffs, and a potential reduction seems increasingly likely. The...