Tag: car business
BMW plans to test advanced EV battery in its iX electric...
An advanced and highly sought-after long-term electric battery is being tested this Tuesday by BMW. The battery is one of many advances that will...
Automakers send letter requesting Congress to lift EV tax credit cap
A recently written letter addressed to Congress urged lawmakers to omit or change the electric vehicle tax cap. Companies that produce electric vehicles currently...
Study finds Americans are driving less as gas prices soar
California's price for a gallon of regular unleaded gasoline hovered around $6.42 per gallon on Tuesday, the highest fuel price in the country. The national average...
General Motors CEO Mary Barra reveals more plans for the company’s...
General Motors is making waves in the automotive industry as they defy odds and change plans to achieve higher production and sales. The current...
Wholesale prices rose 10.8% in May due to inflation pressures
Inflation has been affecting the world for years; however, rates have skyrocketed over the last few months. Wholesale prices are also increasing significantly, which...
CBT automotive newscast: June 15, 2022
Inside Automotive:
Chief Economist Jonathan Smoke breaks down findings from Cox Automotive's Q2 Dealer Sentiment Index
Cox Automotive recently released its Q2 Dealer Sentiment Index, which provides...
What legal protections do franchise dealers have against direct manufacturer sales?...
Automakers have made some bold moves concerning electric vehicles, with many franchise dealers wondering if the future of their business is in jeopardy. Today...
CNCDA Pres. Brian Maas on protecting the future of the dealer...
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. Today, we’re pleased to welcome back Brian Maas, President of the California New...
South Korean trucker strike takes aim at semiconductors, clogs supply chain
In protest of the ever-escalating fuel costs, truck drivers in South Korea have taken their foot off the gas. Government predictions suggest that at...
Certified pre-owned sales decline in May after four consecutive months of...
Sales of certified pre-owned vehicles fell by 7% from sales posted in April 2022, according to industry expert Cox Automotive. The year-over-year decline is...