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The Volkswagen Group reported 9.24 million sales throughout 2023 thanks to a strong fourth quarter performance.

Volkswagen sales jump 11.8% in 2023, EV volume breaks quarterly record

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The Volkswagen Group maintained an impressive recovery pace throughout 2023, ending the year up 11.8% from 2022 in terms of sales across the company's...
Tesla saw its market valuation drop 12% in the first days of 2024 as clouding sentiments on the electric vehicle market worry investors.

Tesla market valuation sheds $94 billion in first weeks of 2024

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Tesla saw its market valuation shed $94 billion over the first two weeks of 2024, marking one of the sharpest share price drops in...
Adam Robinson joins Inside Automotive to discuss how the dealership talent acquisition game is changing in 2024.

Why you should revisit your talent acquisition process in 2024 —...

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Dealership methods of talent acquisition and retention have become increasingly outdated, not only in how retailers identify candidates but also in how they keep...
Tesla manufacturing employees are set to receive a "market adjustment" raise as the UAW doubles down on its efforts to unionize the company.

Tesla boosts pay after UAW ramps up unionization efforts

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Tesla will boost worker pay across the U.S. in an effort to keep wages competitive with market norms, several months after the United Auto...
Well-known rental car company Hertz announced that it would sell around one-third of its EV fleet due to the depreciation of EVs.

Hertz reduces EV fleet by 20,000 vehicles, blames Tesla

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The well-known rental car company Hertz Global Holdings announced that it would sell around one-third of its EV fleet since it depreciated faster than...
The UAW says 30% of Mercedes-Benz manufacturing employees at an Alabama plant have committed to unionization.

UAW hits second unionization milestone at Mercedes-Benz plant

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The United Auto Workers (UAW) union says it has obtained union authorization cards from over 30% of Mercedes-Benz's Alabama manufacturing employees, marking another milestone...
Adam Arens joins Inside Automotive to share his perspectives on the 2023 auto market and his dealership strategy recommendations for 2024.

Strategies to prepare your dealership for 2024 — Adam Arens |...

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Things have changed in the dealership over the last four years. Keeping up with these shifts is crucial, not only to determine how far...
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

Top automotive innovations announced at CES 2024

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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...
Car manufacturing executives displayed cautious optimism toward the 2024 automotive market following a complicated year.

Car manufacturers share cautious expectations on 2024 automotive market

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Sentiments toward the automotive market shifted among dealers, manufacturers, and other industry insiders in accounting and professional services conglomerate KPMG's latest Global Automotive Executive...
New car prices continued to fall in December as auto market conditions shift to favor buyers over sellers.

New car prices dip in December as buyer’s market returns

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New car prices continued to fall in December as the automotive market remains on track to hit pre-pandemic norms in the near future. According to...