Tag: car business
GM ends Cadillac XT4 production, Rivian targets profitability, Lucid exceeds Q3...
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GM to cease Cadillac XT4 production, invest $390 million in Kansas plant for EV shift. Read More
Rivian faces supply chain challenges but aims...
Rivian faces supply chain challenges but aims for profitability by year’s...
Electric vehicle startup Rivian Automotive is navigating significant supply chain disruptions but remains optimistic about reporting its first-ever gross profit by the end of...
Lucid beats Q3 expectations with cost cuts and new Gravity launch
Lucid Motors beat Wall Street's Q3 expectations, with revenue reaching $200 million, compared to the expected $198 million.
The automaker reported a record delivery...
October trends show wholesale used-vehicle price drop
In October, wholesale used-vehicle prices continued to fall, providing both challenges and opportunities for dealers. According to the Manheim Used Vehicle Value Index (MUVVI),...
How your dealership can win loyalty with blue dot consumers –...
Today's consumers are not just looking for a product; they want an experience. In an era dominated by personalization and convenience, businesses must reassess...
Extended range EVs gain popularity as consumers seek solutions to ‘range...
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Bernie Moreno’s win in Ohio paves the way for Trump’s labor...
Donald Trump’s 2024 presidential comeback is sending ripples through the political and automotive worlds, with major implications for car dealers, labor unions, and industry...
UAW faces setback in Trump’s victory, Stellantis to lay off workers,...
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UAW faces a setback in Trump’s victory, undermining efforts to rebuild political influence. Read More
Stellantis will lay off 1,100 workers at Ohio Jeep...
UAW faces setback in Trump’s victory, undermining efforts to rebuild political...
Donald Trump’s victory in the 2024 election has dealt a significant blow to UAW President Shawn Fain’s efforts to rebuild the union’s political influence....
Stellantis will lay off 1,100 workers at Ohio Jeep plant amid...
Stellantis has announced it will cut one production shift and lay off approximately 1,100 workers at its Toledo South Assembly Plant in Ohio. This...
