Tag: automotive industry news
Cadillac unveils 2026 VISTIQ
Cadillac unveiled the latest addition to its electric vehicle portfolio, the 2026 VISTIQ. This announcement follows shortly after revealing the 2026 Lyriq-V and cements...
Tesla hits $1 trillion following Trump’s election victory
On Friday, Tesla's market cap made a historic leap, surpassing the $1 trillion mark again following Donald Trump's victory in the 2024 Presidential elections....
AutoNation honors military heroes with 20% discount
In a gesture of respect and reverence, AutoNation is offering veterans and their families an exclusive 20% discount on all services from November 11...
Lucid beats Q3 expectations with cost cuts and new Gravity launch
Lucid Motors beat Wall Street's Q3 expectations, with revenue reaching $200 million, compared to the expected $198 million.
The automaker reported a record delivery...
How your dealership can win loyalty with blue dot consumers –...
Today's consumers are not just looking for a product; they want an experience. In an era dominated by personalization and convenience, businesses must reassess...
Extended range EVs gain popularity as consumers seek solutions to ‘range...
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Weekly roundup: Trump’s return signals shift in EV policy, trade, and...
Earlier this week: Trump’s return to the White House signaled a major shift in EV policy, trade, and economic direction. Bernie Moreno's win in Ohio paves...
Fed’s interest rate cuts could revive buyer interest
The Federal Reserve announced a 0.25% cut to its benchmark interest rates, bringing the target range to 4.5-4.75%.
This marks the second interest rate...
Musk’s $119 million support for Trump could reshape auto policy
Elon Musk reportedly contributed a whopping $119 million to a pro-Trump group. Although he first publicly endorsed Donald Trump on July 13, his support for the...
Nissan slashes 9,000 jobs and cuts 20% of global production capacity
Nissan's decision to slash 9,000 jobs and cut 20% of global production capacity is a significant blow to its workforce. The automaker also lowered...