Lotlinx recently released its 2025 Q2 Vincensus Report, a quarterly analysis detailing the state of the automotive industry across major OEMs. In today’s episode of CBT Now, Kerri Wise, chief marketing officer at Lotlinx, unpacks the report’s key findings and how dealers can better manage their inventories. The second quarter was heavily shaped by the…
As federal tax credits for electric vehicles begin to phase out, dealers across the country are bracing for a shift in consumer behavior and sales performance. In this episode of Inside Automotive, Jim Fitzpatrick checks in with Tim Hovik, dealer principal of San Tan Ford, to discuss how these changes are already affecting his operations…
Texas auto sales surged this spring, but that momentum is already fading—and EVs are still gathering dust. In today’s episode of Inside Automotive, April Ancira, VP at Ancira Auto Group, discusses sales trends, EV resistance in South Texas, and her concerns over OEMs shifting to direct-to-consumer models. Ancira Auto Group experienced a 30% increase in…
MP Materials has signed a landmark deal with the U.S. Department of Defense to expand rare earth magnet production and reduce reliance on Chinese supply. The agreement includes a government-backed floor price nearly twice the current Chinese rate, a $400 million equity investment, and long-term offtake guarantees for defense and commercial use. MP will invest…
Tesla has signed an agreement to build a grid-scale battery energy storage facility in China, marking the company’s first such project in the country. According to reports from Chinese media outlet Yicai, the 4 billion yuan ($556 million) deal involves Tesla, the Shanghai municipal government, and China Kangfu International Leasing. Tesla confirmed the project via…