NY Cadillac/GMC dealer donates $25,000 to community college to support automotive education

CBT News Editorial Team - August 26, 2025

New York, NY: August 20, 2025 – New York auto dealer Jack Weidinger, President of the Weidinger Automotive Group and immediate past Chairman of the Greater New York Automobile Dealers Association...

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The clock is ticking for U.S. car shoppers hoping to claim the federal EV tax credit, but the IRS has provided relief for last-minute buyers

IRS gives EV buyers deadline relief on $7,500 tax credit

Ashby Lincoln - August 26, 2025

On the Dash: Dealers can reassure customers that signing a binding contract and making a payment before Sept. 30 locks in the $7,500 federal EV tax credit, even if the...

Headlines Articles

Stellantis halts its Level 3 driver-assistance program, shifting software strategy to suppliers amid costs and limited consumer demand.

Stellantis halts Level 3 driver-assistance program amid cost and demand concerns

Ashby Lincoln - August 26, 2025

On the Dash: Stellantis has shelved its Level 3 driver-assistance program due to high costs, technical challenges, and limited consumer demand. The automaker is shifting reliance to suppliers and focusing...

Articles Headlines

Hyundai announced a $26 billion investment in the U.S. between 2025 and 2028, reinforcing its commitment to job creation, and growth.

Hyundai to invest $26B in U.S. to expand jobs, tech, manufacturing

Jaelyn Campbell - August 26, 2025

On the Dash: Hyundai’s new steel mill in Louisiana and increased auto production capacity mean a more stable supply for vehicles sold in the U.S., giving dealers confidence in inventory...

Headlines Articles

Nissan shares drop after Mercedes-Benz Pension Trust exits stake, adding pressure as the automaker faces steep losses and restructuring.

Nissan shares slide after Mercedes-Benz Pension Trust sells stake

Colin Fitzpatrick - August 26, 2025

On the Dash: Nissan’s restructuring and plant cuts may affect product supply and dealer support. Projected losses of over $1 billion could pressure pricing and incentives. Investor exit raises concerns...

Articles Headlines

On Friday, Federal Reserve Chairman Jerome Powell indicated the possibility of interest rate cuts in the coming months.

Fed Chair Powell hints at possible rate cuts as risks persist

Jaelyn Campbell - August 25, 2025

On the Dash: The Fed chair signaled that interest rate reductions could occur in the coming months, but emphasized that decisions will be data-driven and cautious. Powell noted tariffs are...

Headlines Articles

NHTSA probes 1.4M Honda and Acura vehicles over V6 engine defects that may cause total engine failure, no injuries reported.

NHTSA investigates over 1.4M Honda vehicles for engine defects

Jasmine Kiniklis - August 25, 2025

On the Dash: NHTSA has opened a probe into over 1.4 million U.S. Honda vehicles. The investigation covers MY2016–2020 Acura MDC, MY2018–2020 Acura TLX, MY2018–2020 Honda Odyssey, MY2016–2020 Honda Pilot...

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Fox Motors adds Greenville Chevy-GMC store, reaches 47 dealerships in Michigan

CBT News Editorial Team - August 25, 2025

Fox Motors purchased Tinney Chevrolet GMC in Greenville, Michigan, from the Tinney family on August 12, 2025. The dealership is now operating as Fox Greenville Chevrolet-GMC, increasing the group’s presence...

Articles Mergers & Acquisitions Tracker

Six automakers are locked into California’s strict emissions rules through 2026, facing higher costs and regulatory challenges.

California emissions rules CHANGED everything, but SCREWED six carmakers

Lauren Fix - August 25, 2025

There is a real-life drama unfolding for six major automakers—Ford, Honda, Volkswagen, BMW, Aston Martin, and Volvo—who are locked into California’s strict emissions rules through 2026, thanks to contracts they...

Daily Automotive News Articles

Reynolds introduces Rey, its cutting-edge AI agent for dealerships, at Amplify

CBT News Editorial Team - August 25, 2025

DAYTON, Ohio – August 21, 2025 – The Reynolds and Reynolds Company announced the release of Rey, an artificial intelligence agent designed for dealership professionals at Reynolds Retail Summit: Amplify...

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Articles

NY Cadillac/GMC dealer donates $25,000 to community college to support automotive education

IRS gives EV buyers deadline relief on $7,500 tax credit

Stellantis halts Level 3 driver-assistance program amid cost and demand concerns

Hyundai to invest $26B in U.S. to expand jobs, tech, manufacturing

Nissan shares slide after Mercedes-Benz Pension Trust sells stake

Fed Chair Powell hints at possible rate cuts as risks persist

NHTSA investigates over 1.4M Honda vehicles for engine defects

Fox Motors adds Greenville Chevy-GMC store, reaches 47 dealerships in Michigan

California emissions rules CHANGED everything, but SCREWED six carmakers

Reynolds introduces Rey, its cutting-edge AI agent for dealerships, at Amplify

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