A 27-Year-Old Founder Just Did Something the U.S. Nuclear Industry Hasn't Done in Decades
Instead of spending years refining presentations, models, and theoretical designs, Valar focused on building. Earlier this year, the company airlifted reactor components from California to Utah aboard military cargo aircraft, assembled the reactor onsite, and is now targeting power generation before July 4.
Shawn Fain's Next Challenge Isn't the Strike. It's the Future of Work.
At the UAW's constitutional convention in Detroit, Fain pointed to major wins from the 2023 labor negotiations, including gains against the Detroit Three and expanded organizing efforts at companies like Volkswagen. He also laid out an ambitious vision for the union's future, including restoring pensions and expanding the UAW's reach beyond automotive.
🚙 Today, we're looking at how retailers are responding to affordability pressures, inventory challenges, shifting customer expectations, and new technology, plus what Carvana's latest retail experiment reveals about where shopping may be headed.
Consumers Trust Capri-Sun More Than AI. That's Actually Useful.
Business Insider highlighted the findings, which suggest consumers are gravitating toward familiar brands as technology and everyday life continue accelerating around them. Google's Gemini was the only major AI platform to improve its trust score. Everyone else got a reminder that adoption and trust aren't the same thing.
The Cheap Used Car Is Becoming an Endangered Species
According to Cox Automotive data reported by Auto Remarketing, CPO sales reached an estimated 228,521 units, up 6.1% month over month and accounting for 15.7% of all used retail sales.
Kevin Warsh Just Changed the Fed Forecast. Dealers Barely Flinched.
Automotive News reports that the Fed held rates steady at 3.5% to 3.75% while revising its longer-term forecast toward a quarter-point increase. Despite the news, dealer concern around interest rates continues to decline. Cox Automotive found that only 36% of dealers now identify rates as a significant challenge, down from 46% a year ago.
CBT’s FTC Summit: Bernie Moreno Says Dealers Have a Choice
Senator Bernie Moreno did not speak to dealers like an outsider studying the auto industry. He spoke like someone who has lived the business, knows the pressure, and still believes dealers have a responsibility to clean up their own house.
CBT’s FTC Summit: Why AI Success Depends More on Leadership Than Technology
The panelists discussed agents, guardrails, hallucinations, phone calls, CRM data, pay plans, BDC roles, and customer expectations. Underneath all of it was a simple idea: AI works best when leaders treat it like part of the team instead of a magic button.
CBT’s FTC Summit: What Your Team Says Can Cost You More Than What Your Ads Say
But during CBT News’ Automotive Leadership Summit: Fair Pricing & Compliance, the AI and digital retailing panel pointed toward another risk dealers need to take seriously: the conversations happening after the ad.
CBT News FTC Summit: What Happens After the Compliance Meeting?
By the late morning sessions of CBT News' Automotive Leadership Summit: Fair Pricing & Compliance, the conversation had moved beyond regulatory headlines and legal interpretation. The focus shifted to execution.
