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GM ends Cadillac XT4 production, Rivian targets profitability, Lucid exceeds Q3...

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Top stories GM to cease Cadillac XT4 production, invest $390 million in Kansas plant for EV shift. Read More Rivian faces supply chain challenges but aims...
EV startup Rivian is navigating supply chain disruptions but remains optimistic about its first-ever gross profit by the end of 2024

Rivian faces supply chain challenges but aims for profitability by year’s...

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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

Lucid beats Q3 expectations with cost cuts and new Gravity launch

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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's wholesale used-vehicles prices drop

October trends show wholesale used-vehicle price drop

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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),...
Ken Hughes breaks down the idea of the "Blue Dot Consumer" and discusses how dealerships can foster genuine loyalty from them.

How your dealership can win loyalty with blue dot consumers –...

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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...
Steven Greenfield, BYD, fires, stock

Extended range EVs gain popularity as consumers seek solutions to ‘range...

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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...
Donald Trump’s 2024 presidential comeback sends ripples through the Republican and auto worlds, with implications for car dealers/union labors

Bernie Moreno’s win in Ohio paves the way for Trump’s labor...

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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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Top stories 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...
Donald Trump’s victory in the 2024 election has dealt a significant blow to UAW President’s efforts to rebuild the union’s political influence

UAW faces setback in Trump’s victory, undermining efforts to rebuild political...

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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 has announced it will cut one production shift and lay off approximately 1,100 workers at its Toledo South Assembly Plant in Ohio

Stellantis will lay off 1,100 workers at Ohio Jeep plant amid...

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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...