Tag: automotive industry news
Weekly roundup: CDK Global confirms no June data breach, U.S. vehicle...
Earlier this week: CDK Global confirmed there were no data breaches in June cyberattacks. The forecast shows a stable outlook for U.S. new vehicle sales...
Hyundai shifts strategy amid EV demand slowdown, plans major hybrid push
Hyundai has announced a significant shift in its strategy, focusing more heavily on hybrid technology despite a noticeable downturn in electric vehicle (EV) demand....
Weekly roundup: UAW warns Stellantis strike, Auto industry backs Inflation Reduction...
Earlier this week: The UAW threatened a Stellantis strike over delays at the Belvidere assembly plant. The auto industry rallied to preserve the Inflation...
Stellantis CEO Tavares seeks to revive struggling U.S. operations amid investor...
Stellantis CEO Carlos Tavares is visiting Detroit this week to personally address and develop a strategy to fix the automaker's faltering North American operations....
Nominate outstanding automotive leaders for CBT News’ 40 Under 40 Awards
CBT News is in the final stages of accepting nominations for its prestigious 40 Under 40 Awards, an annual recognition program sponsored by Force...
Ryan Kerrigan on the failed EV rollout: What went wrong and...
In today's episode of Inside Automotive, we sit down with Ryan Kerrigan, Managing Director of Kerrigan Advisors, to discuss the fallout from OEMs' aggressive...
The influence of cultural trends on automotive design and marketing
Cultural trends play a significant role in shaping automotive design and marketing strategies. Understanding these trends is crucial for automakers to remain relevant and...
GM lays off over 1,000 software and services division employees amid...
General Motors (GM) is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review to streamline...
Trump considers ending EV tax credit, praises Musk for potential cabinet...
At a campaign event in Asheville, North Carolina, Republican presidential candidate Donald Trump stated that if elected, he might end the $7,500 tax credit...
Wholesale used vehicle prices rose 0.5% in early August
Wholesale used-vehicle prices have risen by 0.5% from July during the first half of August, as the Manheim Used Vehicle Value Index increased to...