Tag: automotive industry trends
Governors share anti-union statement ahead of key VW vote
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...
Automotive weekly roundup: Tesla settles lawsuit, auto credit availability improves, China’s...
Earlier this week: Toyota has taken over testing at subsidiary Daihatsu after investigations revealed evidence of cheating on safety certifications for years. Reports of...
Tesla settles Autopilot lawsuit over 2018 crash that killed Apple engineer
Tesla has settled a highly publicized lawsuit over the death of Apple engineer Walter Huang, who crashed his Model X while using Autopilot in...
Buyers flooding the market in hopes of improved affordability
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...
How sales teams can outperform the competition and close more deals...
Inventory management is no longer a major issue for many dealerships. Therefore, one key factor in achieving success today is the ability to outperform...
Understanding the latest dealership profit forecasts
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Automotive weekly roundup: BYD sales plummet, Tesla disappoints, Ford wins on...
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 to mark Mustang’s 60th birthday with special event
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 surge in first quarter on affordability return
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...
Honda dominates KBB’s 2024 Consumer Choice Awards amid post-pandemic market shifts
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...