Tag: EV news
Ford boosts discounts on EVs for year-end sales event
Ford, the Detriot automaker, is boosting savings on its electric vehicle (EV) lineup as part of its new year-end sales event, making it easier...
Tesla stock jumps 7% due to Trump’s AV regulatory plans
On Monday, Tesla's shares surged by a staggering 7.4% following a Bloomberg report that announced that President-elect Donald Trump's team plans to create a...
New vehicle affordability improves in October, marking best levels since August...
New vehicle affordability showed significant improvement in October, as lower interest rates, increased incentives, and income growth all worked in favor of consumers.
According to...
Sonic Automotive’s record-setting quarter driven by technicians, EV sales, and strategic...
In today's episode of Inside Automotive, we're joined by Jeff Dyke, President of Sonic Automotive, who shares exciting insights into the dealership group's impressive...
Mastering the 8 principles of influence to boost your sales performance
Good morning, and welcome to your Saturday morning sales meeting with Jonathan Dawson, founder and president of Sellchology. Today, we’re diving into the power...
GM cuts nearly 1,000 jobs in global restructuring push
General Motors (GM) is laying off nearly 1,000 employees globally, with most of the job cuts occurring in the United States.
The Detroit-based automaker confirmed...
Trump’s transition team eyes repeal of EV tax credit, sparking concerns...
The Trump transition team is considering eliminating the $7,500 consumer tax credit for electric vehicle (EV) purchases as part of broader tax reforms. This...
Automotive sales surge in October as inventory/incentives rise: What’s driving the...
The automotive industry is experiencing a surge in consumer sentiment and a significant increase in inventory levels as the year progresses.
According to Morning Consult,...
How Urban Science boosts EV sales through targeted test-drive incentives
Today, we welcome back Urban Science. In previous discussions, they highlighted the importance of defection data through their solutions, TrafficView and SalesAlert. However, today,...
Tesla’s stock soars on Trump-Musk alliance hopes as legacy automakers brace...
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...