Tag: automotive industry
Mercedes-Benz Alabama plant workers vote on unionization
Workers at Mercedes-Benz's Alabama plant are voting on whether to join the United Auto Workers (UAW) union, marking a significant moment in the labor...
Consumer demand shifts towards smaller vehicles due to affordability concerns –...
In today's episode of CBT Now, we delve into April sales and what they mean for the automotive industry's trajectory. Charlie Chesbrough, Cox Automotive...
The importance of customer service, growth, and community engagement – Jeff Rosen...
As we enter the second quarter of the year, we want to hear firsthand from dealers nationwide about the current state of affairs. On...
Cox Automotive’s Flying Doctor Program leads the charge in EV integration...
It is critical that EV batteries are safe and well-managed, especially as EV adoption ramps up. Cox Automotive has created a new 'Flying Doctor...
Lear Corporation’s acquisition showcases the industry’s use of robotics and AI...
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: Bill aims to nullify EV tax credit, VP’s...
Earlier this week: Republicans proposed an IRA bill to repeal the U.S. EV tax credit, which would give China an advantage in EV production....
Cars.com reports robust Q1 2024 financial results with 8% revenue growth
Recently, Cars.com - an audience-driven technology company - reported its first-quarter financial results for 2024, which ended on March 31.
The results revealed that revenue...
Hyundai, Kia settle U.S. charges for unlawful repossessing service members’ vehicles
The American financing division of Hyundai and Kia has agreed to pay $334,941 to resolve allegations that it unlawfully repossessed vehicles that belonged to...
DOJ further investigates Tesla for possible securities, wire fraud
According to an exclusive Reuters report, U.S. prosecutors are investigating whether Tesla committed securities or wire fraud by deceiving investors and customers about its...
GM halts Chevrolet Malibu production for electric future, invests $390M in...
On May 8, General Motors announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new electric...
