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Rivian downgrades

Investment firm foresees financial struggles for Rivian, cuts price target by...

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Piper Sandler believes that in order to compete with Tesla, Rivian, an EV manufacturer, must address finance issues. On Thursday, April 13, the company lowered...
Ford 2023 Mustang Mach-E

Most Ford EVs won’t qualify for full tax credit under Treasury’s...

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Shortly after the Treasury Department publicized its revisions to the Inflation Reduction Act's EV tax credit rules, Ford revealed that most of its electric lineup...
Inside Automotive Chad Martin

Dealer Chad Martin on better inventory, changing customers, and diversity

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On this episode of Inside Automotive, Chad Martin, President of Martin Management Group, joins host Jim Fitzpatrick to discuss the car business and Black...
Hyundai and Kia

Hyundai and Kia break sales records in March, grow EV sales

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Hyundai and Kia have officially broken their previous monthly sales records, continuing their streak of month-over-month gains. Hyundai announced it had sold a record-breaking 75,404...
domestic sourcing

New EV tax credit rules revealed, tighten domestic sourcing guidelines

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After several months of delay, the U.S. Treasury has tightened domestic sourcing requirements for electric vehicle tax credits. Up till now, automakers and consumers have...
Automotive Ventures, Greenfield

3 auto industry developments that will challenge dealers moving forward —...

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Interesting developments have been strategically provoking the way that dealership operations are carried across the entire automotive industry. In order to understand dealers' anxious...

Kerrigan Report: Early 2019 Winners, Buy/Sell Report, and Major Industry Announcements

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Joining us today on CBTNews.com to review The Kerrigan Index for February 2019 is Ryan Kerrigan. We discuss the month's winners, major industry announcements,...
newscast

Digital Hubs in Your Dealership: A Smart Investment?

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Self-service, digital hubs are a growing phenomenon in all areas of business. Self-checkouts are ubiquitous at large chains like Wal-Mart, Target, and Albertsons, and...