TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


Articles

Group 1 Automotive

Group 1 Automotive beats Q1 revenue forecast, but sees net income decline

- April 27, 2023
Group 1 Automotive reported a revenue of $4.13 billion for the first quarter, beating forecasts and setting a new record for the period. A Zacks Consensus Estimate had predicted the international...
Articles Headlines
Stellantis is offering buyouts to U.S. salaried employees to cut costs after a significant drop in net income during the years first half

Stellantis offers 3,500 employee buyouts to make way for EVs

- April 26, 2023
Stellantis is looking to reduce its hourly workforce by as many as 3,500 employees through buyouts.  Last week, Shawn Fain, the recently elected president of the UAW, and Stellantis spoke about...
Headlines Articles
Penske Automotive CEO

Penske Automotive reveals record revenue and sliding profits in Q1

- April 26, 2023
Penske Automotive published its first-quarter performance numbers on Wednesday April 26, revealing some disquieting financial results on top of record-breaking revenue. According to the dealership group's report, quarterly revenue grew 5.2%...
Articles Headlines
Honda 2024 Prologue SUV

Honda teases mystery EV, reveals new 2024 Prologue SUV details

- April 26, 2023
On April 26, Honda revealed additional details for its upcoming electric vehicle lineup including the 2024 Prologue and an unnamed model planned for 2025. Honda made the announcements during a Wednesday...
Articles Headlines
IEA's smaller EV SALES

Global EV sales expected to climb 35% in 2023, IEA reports

- April 26, 2023
In a report by the International Energy Agency (IEA), EV sales increased to 10 million last year, with China accounting for approximately 60% of the market.  Record sale numbers continue the...
Headlines Articles
Chris Kari, dealer principal at Kari Toyota in Superior, Wisconsin, spoke with CBT News about how he turned a last-ditch effort to curb fleet costs into a money-making rental program.

Q&A with Toyota dealer Chris Kari: Can daily rentals make fleet programs profit centers?

- April 26, 2023
The cost of courtesy loaner fleets presents a familiar challenge for every dealer: Spend on cars that can win customers and increase some RO values, or save on fleet costs...
Sales & Marketing Articles
GM 2023 guidance, Fairfax

GM to stop making Chevy Bolt after increasing 2023 guidance

- April 25, 2023
Coming off one of its most successful quarters, General Motors has revised its 2023 guidance to account for greater earnings and revenue than it previously anticipated. The automaker surpassed Q1 expectations...
Articles Headlines

GM and Samsung partnership announces new $3 billion U.S. battery cell factory

- April 25, 2023
General Motors and Samsung SDI have announced they are partnering to build a new $3 billion battery cell factory in the U.S. to power GM electric vehicles.  The official announcement by...
Headlines Articles
Hyundai battery plant The U.S. Department of Labor filed a lawsuit on May 30 against Hyundai and a labor recruiter in Alabama over the illegal use of child labor.

Hyundai expands its U.S. operations with $5 billion EV battery plant

- April 25, 2023
To boost Hyundai’s electrification efforts, the Korean automaker announced on April 25 that it finalized plans for a $5 billion EV battery plant in the U.S.  A new battery manufacturing facility in...
Headlines Articles
Tesla global sales

Tesla surpasses 4 million in cumulative global sales

- April 25, 2023
According to a new global sales analysis, Tesla has completed an important objective on its path to becoming a prominent international brand. The study, conducted by CleanTechnica, a news platform reporting...
Articles Headlines


Latest Articles
Latest Articles 04/03/26

White House revises metals tariffs, Stellantis eyes Canada EVs with Leapmotor, NHTSA considers ban on faulty Chinese airbags

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa
Latest Articles 04/03/26

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa

GM to invest more than $150 million in Saginaw Metal Casting Plant
Latest Articles 04/03/26

GM to invest more than $150 million in Saginaw Metal Casting Plant

White House revises metals tariffs, shifts calculation method
Latest Articles 04/03/26

White House revises metals tariffs, shifts calculation method

Stellantis explores EV production in Canada with China’s Leapmotor
Latest Articles 04/03/26

Stellantis explores EV production in Canada with China’s Leapmotor

NHTSA weighs U.S. ban on defective Chinese airbag components
Latest Articles 04/03/26

NHTSA weighs U.S. ban on defective Chinese airbag components

Toyota bets on EV rebound with seven-model U.S. lineup
Latest Articles 04/03/26

Toyota bets on EV rebound with seven-model U.S. lineup

Affordability takes center stage at the 2026 NY Auto Show
Latest Articles 04/03/26

Affordability takes center stage at the 2026 NY Auto Show

Legal battles reshape car sales
Latest Articles 04/03/26

Legal battles reshape car sales

California’s War on Classic Cars Just Hit a Wall—Thanks to Jay Leno
Latest Articles 04/03/26

California’s war on classic cars just hit a wall– Thanks to Jay Leno


CBT News
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