Tag: car business
Tesla’s bitcoin holdings expected to shrink by $460 M
In other Tesla news, according to banking institution Barclays, Tesla's bitcoin holdings may have significantly reduced the electric car manufacturer's expected earnings. Bitcoin prices have fallen recently...
CBT automotive newscast: July 19, 2022
Inside Automotive:
How is the automotive buy/sell market performing in light of economic headwinds?
Welcome to another edition of Inside Automotive. Today, we get an update...
Will there be enough EV chargers to meet growing demand? Market...
Record-breaking demand and sales for battery-electric vehicles (BEVs) are being fueled in part by high gas prices and a variety of new models coming...
Ford finalizes joint venture with SK Innovation to develop electric car...
Ford and SK Innovation announced back in May of last year that they would be launching a joint venture program called BlueOvalSK. Working together, these two companies...
The 2023 Toyota Crown is coming to the U.S. and 40...
The 2023 Toyota Crown, one of the automaker's most popular vehicles offered only in Japan, is expanding globally for the first time. Toyota's 16th generation Crown vehicle will...
GM partners with EVgo and Pilot to increase EV charging stations...
General Motors has partnered with Pilot, an American petroleum corporation, and BEV charging company EVgo to produce a large network of fast EV charging stations along the highway system throughout the United...
Anonymous whistleblower accuses GM-backed Cruise of chaotic safety culture
A letter addressed to California Safety Regulators arrived recently from an alleged Cruise employee turned whistleblower. The letter states the EV robo-taxi company is hiding safety information about...
CBT automotive newscast: July 18, 2022
Inside Automotive:
Will there be enough EV chargers to meet growing demand? Market Scan CEO Rusty West weighs in.
Record-breaking demand and sales for battery-electric vehicles...
Iowa dealer Jason Willis on his group’s recent acquisition, electric cars,...
Willis Automotive has been operating out of Iowa for 75 years, and this year, they expanded by acquiring the only Nissan dealership in the Des Moines area....
U.S. electric vehicle sales jumped 13% in Q2, according to Cox...
Electric vehicle sales increased 13% in the second quarter of 2022 and reached a record-high share of the market in Q2 of 5.6%, according...