Tag: automotive industry
Lucid beats Q3 expectations with cost cuts and new Gravity launch
Lucid Motors beat Wall Street's Q3 expectations, with revenue reaching $200 million, compared to the expected $198 million.
The automaker reported a record delivery...
How your dealership can win loyalty with blue dot consumers –...
Today's consumers are not just looking for a product; they want an experience. In an era dominated by personalization and convenience, businesses must reassess...
Extended range EVs gain popularity as consumers seek solutions to ‘range...
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Weekly roundup: Trump’s return signals shift in EV policy, trade, and...
Earlier this week: Trump’s return to the White House signaled a major shift in EV policy, trade, and economic direction. Bernie Moreno's win in Ohio paves...
Musk’s $119 million support for Trump could reshape auto policy
Elon Musk reportedly contributed a whopping $119 million to a pro-Trump group. Although he first publicly endorsed Donald Trump on July 13, his support for the...
CBT News celebrates the 2024 40 Under 40 award winners
ATLANTA, Georgia (Nov. 04, 2024)—CBT News, the dealer community’s No. 1 resource for in-depth interviews and news coverage, is pleased to announce the honorees...
Rivian revives ‘all-electric upgrade’ offer with new terms until November 30
EV startup Rivian is reintroducing its “All-Electric Upgrade Offer,” which runs from now until November 30. However, several key changes have been made to...
Hyundai’s innovative ‘Drill Lance’ tackles EV fires: A safety breakthrough
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Weekly roundup: NADA and dealer associations challenge Scout Motors, Ford...
Earlier this week: NADA and state dealer associations set to challenge Scout Motors’ direct sales strategy. Ford sees $892M Q3 profit but faces challenges...
Volkswagen faces union backlash over planned plant closures amid profit plunge
Volkswagen’s already struggling finances took another hit as it reported a 42% drop in third-quarter profits, reaching a three-year low. This economic blow came...