Tag: automotive industry news
Vivek Ramaswamy slams Biden’s final spending moves, vows DOGE review
As co-lead of the Department of Government Efficiency (DOGE) in the upcoming Trump administration, Vivek Ramaswamy is making waves by emphasizing cuts to government...
Matt Bowers calls for Stellantis to refocus on North America after...
In the wake of Stellantis CEO Carlos Tavares' resignation, the automotive industry is grappling with speculation about the company’s next steps. On this episode...
Carlos Tavares removed after clashes over aggressive targets and cost-cutting strategies
Carlos Tavares’s immediate demise was due to his ambitious sales and cost-cutting targets, which many board members deemed unrealistic and damaging to the company’s...
Tesla’s Cybertruck lease gets cheaper, but expect hidden costs
Tesla's Cybertruck has attracted a lot of attention since its launch, receiving both praise and skepticism for its futuristic design. Now, the electric pickup...
Lauren Fix breaks down 2024 LA Auto Show highlights
The Los Angeles Auto Show recently wrapped up, and among the crowd favorites were five vehicles that stole the show. In today's episode of...
John Elkann takes lead at Stellantis after Tavares exit
Stellantis CEO Carlos Tavares' sudden resignation has sent shockwaves through the automotive industry. This departure is especially surprising since Tavares had only recently announced...
Judge reaffirms Elon Musk’s $56 billion pay package
A Delaware judge upheld a previous ruling that rescinded Tesla CEO Elon Musk’s $56 billion pay package, dealing a significant blow to Musk and...
Interest rate impact on dealership P&L more profound than easing consumer...
The Federal Reserve’s 50 basis point rate cut in September was the first since March 2020 — and prior to the onset of the...
Tesla tops November global market with $1.1 trillion growth
In a significant development, Tesla's market value surged in November, catapulting it to the forefront of the global market and putting it in direct...
EV market faces potential shakeup as tax credit hang in the...
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
