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SparkServ’s AI-driven platform wins Automotive Ventures investment

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Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Dave Cantin Group's 2025 Market Outlook Report just released today and contains can't miss insights into the U.S. retail automotive industry.

Dave Cantin Group’s 2025 Market Outlook Report Forecasts that U.S. Has...

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Top findings in DCG’s leading semiannual report, produced in partnership with Kaiser Associates, include: The market for trucks in the U.S. has peaked Hybrid...
The latest KBB report reveals that the average new-vehicle prices continued to climb and almost reached a historical all-time high.

New-vehicle prices hit near-record highs as luxury and EV sales surge

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According to the latest data from Cox Automotive's Kelley Blue Book, the average new-vehicle prices continued to climb for the fourth consecutive month, with...
Biden-Harris awards $635M in EV charging grants

Biden-Harris administration allocates $635M in EV charging grants

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With less than a week until President-elect Donald Trump assumes office, the Biden-Harris administration awarded $635 million in electric vehicle (EV) charging grants. This...
Stellantis clears out 100,000 vehicles from U.S. inventory

Stellantis successfully cuts U.S. inventory by over 100,000 vehicles

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According to Antonio Filosa, Stellantis's North American chief, he recently revealed that the automaker has successfully reduced its U.S. inventory by more than 100,000...
GM and TWG Motorsports launch powertrain development for Cadillac's Formula 1 team

GM and TWG Motorsports launch powertrain development for Cadillac’s Formula 1...

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General Motors and TWG Motorsports have joined forces to develop cutting-edge powertrains for the Cadillac's Foruma 1 team, marking a significant milestone in the...
BMW claims luxury crown after Q4 surge

BMW claims luxury crown after Q4 surge

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Despite earlier setbacks, including a recall and a stop-sale that briefly disrupted its momentum, BMW narrowly outperformed Mercedes-Benz and retained its position as the...
General Motors (GM) appoints Bryan Nesbitt as Senior Vice President of Global Design as Michael Simcoe is set to retire this summer.

GM appoints Bryan Nesbitt to design chief as Michael Simcoe retires

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General Motors (GM) announced that Michael Simcoe, Senior Vice President of Global Design, will retire after serving the company for 42 years. Simcoe will...
Stellantis unveils redesigned Ram Heavy Duty trucks with new engines and features, aiming to reverse a three-year sales slump.

Stellantis bets on redesigned Ram heavy-duty trucks to reverse sales slump

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Stellantis is betting on its newly redesigned Ram Heavy Duty trucks to reverse three years of persistent sales slump. The newly redesigned Ram 2025 2500...
Canadian Prime Minister Justin Trudeau officially announced his resignation after nearly a decade in power on January 6, amid Trump's tariffs.

Canadian Prime Minister’s resignation complicates auto industry amid Trump’s tariff threats

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Canadian Prime Minister Justin Trudeau officially announced his resignation after nearly a decade in power on January 6, 2025, bringing nearly a decade of...