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An internal memo indicates that Tesla is planning to cut 10% of its global workforce following a slowdown in electric vehicle sales.

Tesla to lay off thousands of employees worldwide after Q1 sales...

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Tesla plans to lay off more than 10% of its employees worldwide, according to an internal memo leaked earlier today. In the document, Tesla CEO...
Joining us on today's episode of Inside Automotive is Karl Brauer, Executive Analyst for iSeecars, highlights EVs depreciating value

Depreciation study shows EVs lose value fastest – Karl Brauer |...

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A study by iSeecars.com sheds insight on cars that lose the most value after just one year and those that retain the most value....
Ford has slashed prices on its 2024 F-150 Lighting electric pickup amidst a modest surge in EV affordability.

Ford confirms Lightning pickup price cuts ahead of release

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Ford has confirmed price cuts to the F-150 Lightning battery-powered pickup, joining automakers such as Tesla in efforts to improve electric vehicle affordability. On April...
Ohio Senator Sherrod Brown is calling on the White House to implement an outright ban on electric vehicle imports from China.

Lawmaker escalates attack on China-made electric vehicles, calls for ban

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Calls for a ban on China-made electric vehicles have escalated in recent weeks following the launch of an investigation in February into whether such...
Daly emphasizes that ASOTU CON is an event that brings together different automotive industry sectors, including fixed-ops, M&A and more!

Paul J. Daly unveils ASOTU CONs’ unique blend of trade shows...

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ASOTU CON 2024 is right around the corner . In just about a month, many in the industry will gather in Baltimore for this...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

Car thefts on the rise as criminals adapt to new technology

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Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context...
Rising car insurance costs have risen rapidly in recent years, nearly negating recent improvements in affordability.

Rising car insurance costs threaten affordability surge

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Car insurance costs have surged without any sign of slowing down for the last three years, offsetting affordability improvements gained by falling car prices. Economic...
Auto credit availability rose again in March thanks to increases in approval rates, amidst a small gain in affordability.

Auto credit access improves in March amidst affordability rise

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Auto credit availability, a measure of the ease with which consumers can obtain loans for car purchases, improved in March amidst a slight gain...
On April 3, Ford began offering $1,500 Tesla Competitive Conquest Bonus Cash on all versions of the Mach-E models form 2023 and 2024

Ford offers Tesla owners up to $10K in savings on the...

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On April 3, Ford began offering $1,500 Tesla Competitive Conquest Bonus Cash on all versions of the Mach-E, including the 2023 and 2024 Mustang...
Glenn Pasch joins Inside Automotive to discuss key strategies that can help dealers elevate the customer experience across all channels.

Auditing your marketing process to elevate the customer experience — Glenn...

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On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Glenn Pasch, auto marketing expert and CEO of PCG Digital, to discuss...