TSLA342.2702.31%
GM86.7700.38%
F14.3650.475%
RIVN15.360-0.46%
CYD45.240-0.32%
HMC31.5800.38%
TM191.1102.4%
CVNA75.6201.92%
PAG219.8501.18%
LAD377.550-1.10999%
AN209.4101%
GPI263.9500.94001%
ABG210.6600.08%
SAH80.8301.59%
TSLA342.2702.31%
GM86.7700.38%
F14.3650.475%
RIVN15.360-0.46%
CYD45.240-0.32%
HMC31.5800.38%
TM191.1102.4%
CVNA75.6201.92%
PAG219.8501.18%
LAD377.550-1.10999%
AN209.4101%
GPI263.9500.94001%
ABG210.6600.08%
SAH80.8301.59%
TSLA342.2702.31%
GM86.7700.38%
F14.3650.475%
RIVN15.360-0.46%
CYD45.240-0.32%
HMC31.5800.38%
TM191.1102.4%
CVNA75.6201.92%
PAG219.8501.18%
LAD377.550-1.10999%
AN209.4101%
GPI263.9500.94001%
ABG210.6600.08%
SAH80.8301.59%


Articles

ChargeScape

ChargeScape and PSEG Long Island partner to enroll BMW and Ford electric vehicles in first-ever grid reliability program participation

- July 22, 2025
HICKSVILLE, N.Y., July 22, 2025 (GLOBE NEWSWIRE) -- ChargeScape, a joint venture between BMW, Honda, Ford, and Nissan, today announced a partnership with PSEG Long Island to enroll electric vehicles (EVs)...
GM reported a 34.5% decline in 2025 Q2 net income to $1.9 billion, primarily due to tariffs, warranty costs, and EV inventory adjustments

GM profits fall 35% in Q2 despite strong U.S. sales

- July 22, 2025
General Motors reported a 34.5% decline in second-quarter 2025 net income to $1.9 billion, primarily due to tariffs, warranty costs, and EV inventory adjustments. Total revenue for the quarter came...
Tesla

Tesla settles Louisiana direct sales lawsuit

- July 22, 2025
Tesla settled a lawsuit on Monday against the state of Louisiana and several auto dealerships and trade groups. The electric vehicle company challenged the state's 2017 ban on direct sales...
Asbury Automotive Group has finalized its acquisition of The Herb Chambers Companies, expanding Asbury’s presence into the Northeast.

Asbury Automotive completes $1.45B acquisition of Herb Chambers Companies

- July 22, 2025
Asbury Automotive Group, one of the top U.S. automotive retail companies, has finalized its acquisition of The Herb Chambers Companies, the 16th-largest privately-owned dealership group in the country. The $1.45...
UAW Local 140 approves charges to remove President Shawn Fain, citing misconduct and retaliation, as union tensions continue to escalate.

Warren UAW local approves charges to oust President Shawn Fain

- July 22, 2025
UAW Local 140 in Warren, Michigan, has voted unanimously to approve internal charges against UAW President Shawn Fain, marking a pivotal step in a broader campaign to remove him from...
AI Vehicle Inspection tool

New AI vehicle inspection tech reshapes how dealers evaluate, acquire, and protect vehicles

- July 21, 2025
A new AI-driven vehicle inspection platform, developed by Israeli startup Click-Ins, is now available to U.S. insurers and dealers. The tool utilizes photogrammetry, 3D modeling, and AI to identify both...
The resumption of student loan reporting has pushed many borrowers into subprime lending, reshaping risk metrics and tightening auto credit availability.

Auto loan market shifts as student loan delinquencies distort subprime scores

- July 21, 2025
The reactivation of student loan repayments in late 2024 is transforming the auto finance landscape, especially within the subprime credit segment. According to the Federal Reserve Bank of New York,...
Microsoft

Mercedes-Benz expands collaboration with Microsoft to boost in-car productivity with enhanced meetings for Teams app, Intune integration and Microsoft 365 Copilot

- July 21, 2025
Mercedes-Benz sets a new standard for in-car productivity with the latest suite of Microsoft business and collaboration tools. Starting with the all-new CLA, customers will be able to access the...
dealership valuations, buy-sell

Is this the right time to sell your dealership?

- July 21, 2025
The U.S. auto industry is on the brink of another major inflection point. For dealer principals paying attention, the signals are clear: we are moving into a period of structural...
Stellantis reported a preliminary net loss of $2.7 billion for the first half of 2025, driven by weak North American sales.

Stellantis posts $2.7 billion loss amid weak demand, tariffs

- July 21, 2025
Stellantis reported a preliminary net loss of €2.3 billion ($2.7 billion) for the first half of 2025, driven by weak North American sales, program cancellations, and a €300 million tariff...


CBT News
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