TSLA376.020-2.65%
GM78.9500.99%
F12.390-0.105%
RIVN16.140-0.58%
CYD40.770-1.06%
HMC24.200-0.17%
TM192.9800.81%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%
TSLA376.020-2.65%
GM78.9500.99%
F12.390-0.105%
RIVN16.140-0.58%
CYD40.770-1.06%
HMC24.200-0.17%
TM192.9800.81%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%
TSLA376.020-2.65%
GM78.9500.99%
F12.390-0.105%
RIVN16.140-0.58%
CYD40.770-1.06%
HMC24.200-0.17%
TM192.9800.81%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%

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
GM leads Q1 earnings forecast, USMCA uncertainty threatens foreign automakers, April sales pace reaches 16.1M

GM leads Q1 earnings forecast, USMCA uncertainty threatens foreign automakers, April sales pace reaches 16.1M

- April 28, 2026
Top Stories  GM set to lead Q1 earnings as cost pressures, EV pullbacks weigh on Detroit automakers. Read More Foreign automakers warn USMCA uncertainty could force U.S. exits, WSJ reports. Read More April...

Ford and Geely explore tech collaboration, Toyota sales slip globally, Dealers brace for glut of off-lease EVs

- April 27, 2026
Top Stories  Ford and Geely explore U.S. technology collaboration as talks shift focus to Europe. Read More Toyota sales slip globally for 2nd straight month amid RAV4 model change and the conflict...
FTC invites dealers to report potential pricing issues across the industry. Ford doubles down on U.S. Assembly as trade policies shift industry strategy. Carvana expands its dealership portfolio with a CDJR dealership in Ohio. New car sales drop 7.3% in April, but don't blame buyers. Cox Automotive to acquire Fullpath to expand AI-driven marketing.

Weekly roundup: FTC wants dealers to report deceptive pricing, Ford boosts U.S. assembly, Carvana expands dealership portfolio

- April 25, 2026
ICYMI: FTC invites dealers to report potential pricing issues across the industry. Ford doubles down on U.S. Assembly as trade policies shift industry strategy. Carvana expands its dealership portfolio with...
Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%

- April 24, 2026
Top Stories  Ford doubles down on U.S. assembly as trade policies shift industry strategy. Read More Stellantis to prioritize four core brands in turnaround strategy, sources say. Read More Hyundai's profit drops 24%...
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