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In its annual 10-K filing with the SEC, Tesla omitted multiple statements promoting diverse hiring practices and minority resource groups.

Tesla omits diversity statements in filing following Musk anti-DEI comments

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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 reported record-breaking revenue and profits for 2023 but expects to cut roughly 10% of its U.K. workforce.

Group 1 Automotive posts record-high profits for 2023, will cut U.K....

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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 has specialized services cater that to a diverse clientele, including OEMs, prominent dealer groups, and tech providers.

Fordin Automotive drives innovation in dealership management with DeelrPro BI unveiling

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Raleigh, NC (February 1, 2024) —Fordin Automotive, leaders in innovation in dealership SaaS, proudly unveils DeelrPro BI. Led by industry trailblazer Fred Fordin and...
Market Outlook Report

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...
Tyson Jominy joins CBT Now to share his insights into the 2024 car market and the trends dealers can expect to see carry over from 2023.

Preparing your dealership for the 2024 car market — Tyson Jominy...

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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...
So, we might be missing the Detroit 3, we didn’t get the Lions, but we will have some great football and advertising on Super Bowl Sunday.

Ready for Super Bowl Sunday and it’s not just about the...

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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...
UAW president Shawn Fain and GOP candidate Donald Trump traded insults on TV and social media following the union's endorsement of Biden.

Trump, Fain trade criticisms following Biden endorsement from UAW

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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 plans to bring new hybrids to the U.S. market, reversing course after saying it would only build fully-electric vehicles.

General Motors cancels EV-only strategy, will make hybrids for U.S. market

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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...
A Delaware judge dismissed Elon Musk's record-breaking $56 billion Tesla bonus package, describing it as "an unfathomable sum" to investors

Delaware judge blocks Musk’s ‘unfathomable’ $56 billion Tesla pay package

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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...
Incoming NADA chair Gary Gilchrist said the organization would focus its efforts on opposing government policies targeting dealers in 2024.

New NADA chair details association’s agenda for 2024

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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...