Tag: car business
Hyundai unveils the Ioniq 6, the automaker’s first electric sedan
On Thursday, Hyundai announced its first EV sedan, the Ioniq 6. The South Korean carmaker hopes this strategy will help the company to increase...
Challenges on the horizon for automotive tech startups, says Stellantis CEO...
According to Stellantis CEO Carlos Tavares, the company's gamble on automotive startups this year has paid off, but the world of startups will be...
Treasury Secretary Janet Yellen says reducing inflation is Washington’s ‘top priority’
On Wednesday, the inflation rate in the United States rose to 9.1%, the highest since 1981. Janet Yellen, U.S Treasury Secretary, stepped in and announced...
CBT automotive newscast: July 15, 2022
Inside Automotive:
Iowa dealer Jason Willis on his group's recent acquisition, electric cars, and protecting franchise rights
Willis Automotive has been operating out of Iowa for...
Group 1 Automotive buys 3 more dealerships and 1 collision center...
Group 1 Automotive, one of the nation's largest automotive retailers, acquired three dealerships and a collision center located in Shreveport, Louisiana. The dealerships, including...
U.S. inflation reached 9.1% in June, consumer pressures continue to mount
According to the Dow Jones estimate, economists predicted that the U.S inflation rate would not move and stay at a rate of 8.8%. However,...
U.S. safety regulators scrap proposal allowing EV owners to choose sound...
In 2019, the NHTSA proposed that EV owners have the option to customize their EVs with alternative, self-selected sound alerts. However, these custom pedestrian...
Auto supplier Bosch expects global semiconductor bottlenecks to continue into 2023
Europe's largest auto supplier, Bosch, recently said the global bottleneck of semiconductor chips could last through 2023. The low supply of auto chips and...
CBT automotive newscast: July 14, 2022
Inside Automotive:
Exclusive: What is the future of electric mobility in automotive? — Peter Leyden
It's easy for business leaders and owners to get caught in...
Should car dealers create a separate brand for used vehicle business?
Welcome to another edition of Auto Marketing Now, with host Brian Pasch, founder of PCG Companies and BPE | Pasch Enterprises. In order for the franchised dealer...