Tag: automotive industry
Tesla omits diversity statements in filing following Musk anti-DEI comments
Tesla removed language concerning minority workers in its latest regulatory filing with the Securities and Exchange Commission (SEC), following comments from company CEO Elon...
Group 1 Automotive posts record-high profits for 2023, will cut U.K....
Dealership conglomerate Group 1 Automotive reported record-breaking earnings for 2023 but expects to downsize its U.K. workforce in an effort to improve cost efficiency.
The...
Fordin Automotive drives innovation in dealership management with DeelrPro BI unveiling
Raleigh, NC (February 1, 2024) —Fordin Automotive, leaders in innovation in dealership SaaS, proudly unveils DeelrPro BI. Led by industry trailblazer Fred Fordin and...
Dave Cantin Group’s Market Outlook Report: these are the 7 most...
While 2024 is shaping up to be to be another fascinating year for the long-term future of the car industry, the near term looks...
Preparing your dealership for the 2024 car market — Tyson Jominy...
On this episode of CBT Now, host Jim Fitzpatrick is joined by Tyson Jominy, vice president of data and analytics at J.D. Power, to...
Ready for Super Bowl Sunday and it’s not just about the...
As we approach Super Bowl LVIII in Las Vegas, you can’t help but to look forward to a classic game between Kansas City and...
Trump, Fain trade criticisms following Biden endorsement from UAW
United Auto Workers (UAW) president Shawn Fain and GOP candidate Donald Trump traded insults following the union's official endorsement of President Joe Biden's re-election...
General Motors cancels EV-only strategy, will make hybrids for U.S. market
General Motors is joining other automakers in prioritizing hybrid production as the car industry looks to balance stringent emissions requirements with slower-than-expected electric vehicle...
Delaware judge blocks Musk’s ‘unfathomable’ $56 billion Tesla pay package
On January 30, a Delaware judge dismissed Elon Musk's record-breaking $56 billion Tesla bonus package, describing it as "an unfathomable sum" that was unjust...
New NADA chair details association’s agenda for 2024
Gary Chilchrist, incoming chairman of the National Automobile Dealers Association (NADA) and president of Gilchrist Chevrolet Buick GMC, shared details of the organization's agenda...