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In this week's top automotive stories, Tesla plans to lay off 10% of its workforce and Mexico refuses to give Chinese car makers incentives.

Governors share anti-union statement ahead of key VW vote

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Republican governors from six states have issued a statement warning residents against unionization as employees at Volkswagen's Tennessee plant prepare for a vote to...
China's EV industry is driving a surge in ship orders, suggesting it could have the world's fourth-largest fleet of car carriers by 2028.

Automotive weekly roundup: Tesla settles lawsuit, auto credit availability improves, China’s...

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Earlier this week: Toyota has taken over testing at subsidiary Daihatsu after investigations revealed evidence of cheating on safety certifications for years. Reports of...
Leading up to the settlement, Tesla argued that the driver had been playing a game on his phone before the crash.

Tesla settles Autopilot lawsuit over 2018 crash that killed Apple engineer

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Tesla has settled a highly publicized lawsuit over the death of Apple engineer Walter Huang, who crashed his Model X while using Autopilot in...
Car buyers are returning to the new and used vehicle markets in hopes of finding bargain prices, even though affordability remains sparse.

Buyers flooding the market in hopes of improved affordability

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Buyers are returning to the new and used vehicle markets in hopes of finding a good deal, even as pre-pandemic levels of affordability remain...
Sean Gardner unpacks strategies for effectively bridging the gap and empowering customers to maximize their car-buying budgets.

How sales teams can outperform the competition and close more deals...

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Inventory management is no longer a major issue for many dealerships. Therefore, one key factor in achieving success today is the ability to outperform...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

Understanding the latest dealership profit forecasts

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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...
BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.

Automotive weekly roundup: BYD sales plummet, Tesla disappoints, Ford wins on...

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Earlier this week: China's BYD saw sales plunge from the previous quarter amidst an economic downturn. Tesla reported disappointing sales for the first quarter, marking...
Ford will celebrate the 60th birthday of its flagship sports-focused model, the Mustang, with a special event on April 17.

Ford to mark Mustang’s 60th birthday with special event

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Ford is celebrating the Mustang's 60th birthday next month with a special event and a new trim level for dedicated fans. The Ford Mustang will...
New vehicle sales rose during the January-through-March period, thanks to stable demand, improved affordability, and improved supply.

New vehicle sales surge in first quarter on affordability return

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New vehicle sales are projected to surge in the first quarter on the backs of improved affordability and stable consumer demand. Edmunds predicts a total...
The 2024 Consumer Choice Awards, signaling a shift in the market and increased competition for EV sales in KBB's recent report

Honda dominates KBB’s 2024 Consumer Choice Awards amid post-pandemic market shifts 

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The car-buying market has struggled for several years due to pandemic-related production issues. However, manufacturers are expected to balance the supply and increase the...