Tag: car business
Ford partners with car dealers to train young, up-and-coming auto technicians
With how popular electric vehicles have become, it is no wonder that large dealerships and training companies are partnering together to work with technicians...
Berlin and Austin-based Tesla factories are losing billions says CEO Elon...
As Tesla struggles with supply chain snags that are delaying electric vehicle production, Elon Musk revealed that the EV maker is losing billions of...
Nikola founder and former CEO Trevor Milton faces new wire fraud...
Trevor Milton, former CEO and founder of EV maker Nikola, is facing a new wire fraud allegation in his criminal case with U.S. prosecutors....
Unemployment claims decline slightly, labor market remains tight
While labor market conditions remained tight last week, the number of Americans submitting new claims for unemployment benefits decreased somewhat.
Since falling to more than...
CBT automotive newscast: June 24, 2022
Inside Automotive:
Industry vet Jim Ziegler discusses Jim Farley's plan to sell EVs online only
Some dealers and dealer advocates are saying that the franchise model...
Legendary businessman, philanthropist and NASCAR Hall of Famer Bruton Smith passes...
CHARLOTTE, N.C. (June 22, 2022) – A visionary and transformative figure in both business and entertainment, Ollen Bruton Smith, the founder and executive chairman of Sonic Automotive (NYSE:SAH),...
Dealer Matt Bowers on supply chain challenges, electrification, and Jim Farley
Many auto retail professionals were expecting the semiconductor chip and vehicle shortages to be long gone by now, but the industry is still grappling...
The pros and cons of an external BDC for car dealerships
Inbound phone calls are still your best low-funnel leads, so they must be handled properly. Many dealers believe their sales team should be able...
The 4 best electric vehicles of 2022, according to the experts
Each year, the editors at Kelley Blue Book evaluate and test drive the latest electric cars on the market and then rank them according...
Tesla comes out on top in the 2022 Cars.com American-Made Index
Cars.com recently released its American-Made Index, which ranks all qualified automobiles made and purchased in the United States. 95 cars were ranked using the...