TSLA311.2102.36%
GM88.8600.46%
F14.680-0.18%
RIVN15.220-1.61%
CYD47.160-1.16%
HMC30.110-0.61%
TM188.990-2.46%
CVNA62.3600.92%
PAG217.310-3.3%
LAD385.420-19.61%
AN212.400-2.25%
GPI286.770-9.94%
ABG231.700-1.44%
SAH91.580-8.76%
TSLA311.2102.36%
GM88.8600.46%
F14.680-0.18%
RIVN15.220-1.61%
CYD47.160-1.16%
HMC30.110-0.61%
TM188.990-2.46%
CVNA62.3600.92%
PAG217.310-3.3%
LAD385.420-19.61%
AN212.400-2.25%
GPI286.770-9.94%
ABG231.700-1.44%
SAH91.580-8.76%
TSLA311.2102.36%
GM88.8600.46%
F14.680-0.18%
RIVN15.220-1.61%
CYD47.160-1.16%
HMC30.110-0.61%
TM188.990-2.46%
CVNA62.3600.92%
PAG217.310-3.3%
LAD385.420-19.61%
AN212.400-2.25%
GPI286.770-9.94%
ABG231.700-1.44%
SAH91.580-8.76%

Stellantis reports steep profit decline, Ford’s mixed Q2 amidst EV surge, UAW’s Fain delays 2024 endorsement

Top stories

Stellantis reports a steep decline in first-half profits amid production and market challenges. Read More

Ford reports mixed Q2 2024 results amidst EV sales surge and strategic shifts. Read More

UAW President Shawn Fain Delays Endorsement Decision for 2024 Presidential Election. Read More

2024 marks ‘Year of More’ for EVs despite slow growth, according to Autotrader. Read More

Featured Interview

Two digital content creators at Mohawk Chevrolet have taken social media by storm with their hilarious and relatable videos.How Mohawk Chevrolet’s ‘Office’ parody videos are revving up social media success
Two digital content creators at Mohawk Chevrolet have taken social media by storm with their hilarious and relatable videos based on the hit show, “The Office,” called “The Dealership.” Joining us on the latest episode of Inside Automotive to tell us all about their videos and the impact they’re having back at the dealership are Grace Kerber and Ben Bushen of Mohawk Chevrolet. Watch the full segment
here.

CallRevu's Intelligent Communication Solution, now featuring a hosted phone system, is a game-changer for your dealership operation.Inside the innovative call monitoring and hosted phone system – Eric Glass & Dave Malone
CallRevu’s Intelligent Communication Solution, now featuring a hosted phone system, is a game-changer for your dealership operation. In today’s episode of Driving Solutions, we are privileged to have Eric Glass, Senior Director of Sales Engineering and enablement at CallRevu, and Dave Malone, SVP of Sales at CallRevu, share their wealth of experience and knowledge about this innovative solution, instilling confidence in the comprehensive understanding they provide. Watch the full segment
here.

For Dealers

According to the National Automobile Dealers Association, service parts and sales revenue reached $142.62B, a 3.73% increase from last year.Driving Dealership Profitability through the Service Drive: A Focus on Training
The service drive has become a key profit center for dealerships in recent years. In 2023, U.S. new-vehicle dealerships wrote 264.3 million repair orders, slightly down from 265.8 million in 2022, according to the National Automobile Dealers Association (NADA) data. However, service parts and sales revenue reached $142.62 billion, a 3.73% increase from the previous year. Read More

CBT News opens nominations for 40 Under 40 awards
ATLANTA, Georgia (July 25, 2023) — CBT News, the dealer community’s No. 1 resource for in-depth interviews and news coverage, is now accepting nominations for the platform’s 40 Under 40 celebration, recognizing excellence and success in today’s retail automotive professionals. Read More

More from Daily Newscast
Weekly roundup: Trump visits GM's proving ground in Mich., Ford raises 2026 profit outlook, Stellantis misses Q2 profit estimates

Weekly roundup: Trump visits GM’s proving ground in Mich., Ford raises 2026 profit outlook, Stellantis misses Q2 profit estimates

- August 1, 2026
ICYMI: Trump visits GM's Milford Proving Ground in Michigan to tout American manufacturing. Ford's second-quarter results beat expectations. Stellantis more than tripled its adjusted operating income, but still missed analyst...
Ford braces for Chinese competition, Rivian raises 2026 outlook, Toyota global sales decline

Ford braces for Chinese competition, Rivian raises 2026 outlook, Toyota global sales decline

- July 31, 2026
Top Stories  Ford prepares for Chinese automakers to enter U.S. market within a decade, Farley says. Read More Rivian narrows losses, raises 2026 sales outlook as R2 boosts momentum. Read More Toyota's global...
Fed holds rates steady, Stellantis misses profit estimates, Carvana posts record Q2 sales

Fed holds rates steady, Stellantis misses profit estimates, Carvana posts record Q2 sales

- July 30, 2026
Top Stories  Fed holds interest rates steady as high borrowing costs continue to squeeze car buyers. Read More Stellantis profit misses estimates as Chinese competition weighs on Europe. Read More Carvana posts record...
Ford raises profit outlook, U.S. bans new Chinese robots, BMW slashes thousands of jobs

Ford raises profit outlook, U.S. bans new Chinese robots, BMW slashes 8,000 jobs

- July 29, 2026
Top Stories  Ford raises 2026 profit outlook despite tariffs, EV charges and production disruptions. Read More U.S bans new Chinese robots, power inverters over national security concerns. Read More BMW to slash 8,000...
CBT News
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