Tag: automotive news
Weekly roundup: Carvana aims to trim debt under new agreement, Fords...
Earlier this week: Carvana, the used-car mega-retailer, revealed its second-quarter earnings and also announced a significant agreement to reduce its total debt by over...
Car owner satisfaction declines for second year in J.D. Power study
Car owner satisfaction declined for the second year in a row, according to the J.D. Power Automotive Performance, Execution and Layout (APEAL) Study.
It is...
UAW chief Fain meets privately with President Biden amidst contract fight
President Biden met privately with Shawn Fain, leader of the United Auto Workers (UAW) union, on July 19 as the automotive industry prepares for...
Tesla sees stagnating profits in Q2 even as electric vehicle revenues...
Tesla once again beat earnings forecasts in the second quarter but struggled to sustain profitability on its increasingly discounted electric vehicle lineup.
The electric vehicle...
Tesla bets its future on autonomous vehicles, Musk prioritizes sales
Tesla CEO Elon Musk has put his attention on sales rather than profitability, hoping the EV maker's elusive full autonomous vehicles software could improve...
Where does the new car market stand today? — Tyson Jominy...
On this edition of CBT Now, Jim Fitzpatrick speaks with Tyson Jominy, the Vice President of Data and Analytics at J.D. Power, about the...
Carvana announces Q2 earnings, reaches debt restructuring agreement
On July 19, used-car retailing giant Carvana released its second-quarter earnings and announced an agreement to reduce the company's total debt by over $1.2...
Rivian to receive massive tax breaks in Georgia after appeal attempt...
A lawsuit opposing tax incentives for a new Georgia factory proposed by Rivian hit a roadblock on July 14 when the state supreme court...
Prince Toyota dealership donates $5,000 to Tifton medical foundation
The Prince Toyota dealership of Tifton, Georgia, has donated $5,000 to the Tift Regional Medical Center (TRMC) Foundation to help the organization provide better...
Understanding the sales process: how to close more deals — Sean...
Closing is a critical step in the sales process, and having a technique that works almost every time can make things much easier on...
