Tag: automotive industry
Toyota lukewarm on earnings guidance despite record-breaking profits
Toyota reported record-breaking profits for the fiscal year ending March after a massive surge in hybrid demand but set cautious earnings expectations for the coming months,...
How NAMAD gives minority dealers and car buyers a voice
The National Association of Minority Automobile Dealers (NAMAD) plays a critical role in giving underrepresented dealers a voice and driving diversity, equity, and inclusion across the...
VP Kamala Harris announces $100 million in grants for auto suppliers
Vice President Kamala Harris has announced $100 million in federal grants for automotive suppliers as the White House looks to accelerate the car industry's...
Educating the public on the strengths of franchised dealerships — Coulter...
The Louisiana Automobile Dealers Association (LADA) plays a critical role in the state's retail automotive environment, working with legislators to preserve the franchise model...
Toyota establishes U.S. hydrogen headquarters in Los Angeles
Toyota this week announced that it would establish a new North American hydrogen headquarters in its Los Angeles Research and Development (R&D) office.Â
According to...
A closer look at Qatar’s vision for a high-tech, mobile future
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context...
Automotive weekly roundup: dealer group profits fall, emergency brake rule, Ford...
Earlier this week: AutoNation and Penske Automotive reported first quarter earnings this week, revealing notable declines in profitability. The National Highway Traffic Safety Administration...
Using AI to drive more fixed ops revenue
The fixed ops department is the lifeblood of most dealerships. But this vital profit center continuously faces challenges from rising customer expectations, ever-changing vehicle...
UAW Local 869 plans strike authorization vote over health and safety...
UAW Local 869 has announced a critical strike authorization vote set for Monday. The vote will address health, safety, and contractor grievances at Stellantis'...
Ford University to boost employee engagement, fill knowledge gaps
Ford's new training platform, Ford University, aims to leverage artificial intelligence and modernized education practices to boost dealership employee knowledge and prepare the retail...
