TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%


About: CBT News

CBT News

For over 12 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

To further support affordability, median income experienced a growth of 0.3% during May. Manufacturers also offered increased incentives to entice buyers.

New vehicle affordability improved in May despite higher prices and interest rates

- June 15, 2023
In May, the affordability of new vehicles experienced a slight improvement compared to previous months, according to new data from Cox Automotive. This positive trend was primarily driven by solid...
Headlines Articles
According to the U.S. Commerce Department, sales rose 0.3% rise from April to May, driven by stronger retail sales at auto and parts dealers.

Retail sales rose 0.3% in May, beating analyst expectations

- June 15, 2023
Despite the challenges posed by persistent inflation and rising borrowing costs, Americans increased their spending at retailers in the month of May. According to the latest U.S. Commerce Department report released...
Articles Headlines
Earlier this week: Honda unveiled the first electric Acura model, used car prices fell in May, and more headlines in automotive industry news.

Weekly roundup: First look at the 2024 Acura ZDX, study claims EVs could save 90K lives, used car prices drop

- June 9, 2023
Earlier this week: General Motors announced plans to invest more than $1 billion into two Michigan plants to produce its next-generation EV pickups. The U.S. Senate approved a bill suspending...
Articles Daily Automotive News
As the digital landscape evolves and regulations tighten around third-party data, car dealers are embracing unconventional advertising strategies. 

Non-traditional Advertising: Thinking outside the box for dealership success

- June 8, 2023
Retail automotive has witnessed a paradigm shift in the advertising strategies employed by car dealerships. In the past, conventional methods like print, broadcast, and online advertising were sufficient to attract...
Sales & Marketing Articles
Today on Inside Automotive, we’re pleased to welcome Sutherlin Automotive CEO, Brett Sutherlin, to tell us about the group's latest deals.

View from the top: How dealer Brett Sutherlin is leading his group to long-term success

- May 31, 2023
As our M&A experts have reported, public transactions have slowed, but the private market is still very active, especially for Sutherlin Automotive. Recently, the group sold three of its  dealerships...
Management & Leadership Featured

Hyundai and LG Energy Solutions unite to build $4.3 billion EV battery plant in Georgia

- May 26, 2023
In a significant stride toward cleaner energy initiatives, Hyundai and LGES have announced their joint plans to establish a cutting-edge electric vehicle (EV) battery plant in Georgia, marking another significant...
Articles Headlines
Rival automakers Ford and Tesla reveal a new strategic partnership that could permanently change EV charging infrastructure for drivers.

Joining forces: Ford EVs to gain access to Tesla superchargers

- May 26, 2023
Rival automakers Ford and Tesla revealed a surprising new strategic partnership that could permanently change electric vehicle charging infrastructure for drivers. In a joint announcement on May 25, Ford CEO Jim...
Articles Headlines
Capitaland Subaru owners Regina Grego and Al Rulu have supported the Animal Protective Foundation for an astounding 25 years.

Capitaland Subaru in New York donates $68,000 to local animal shelter

- May 26, 2023
Auto dealers are often recognized for their commitment to corporate social responsibility and giving back to their local communities. Capitaland Subaru, in Glenville, New York, recently made a record-breaking donation...
Headlines Articles

Weekly roundup: Cadillac Escalade EV coming this year, Tesla’s brand reputation dips, Ford boosts EV goals

- May 26, 2023
Earlier this week: General Motors will release the all-electric Escalade as part of its push to make Cadillac a fully electric brand by 2030. Toyota executives are urging continued development...
Daily Automotive News Articles
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new car sales in May are expected to increase 15.6% YoY.

U.S. new car sales to surge in May, dealer profitability remains strong

- May 25, 2023
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new car sales, including retail and non-retail transactions, are expected to reach 1,337,700 units in May, representing...
Headlines Articles

Latest Articles

GM leans on global production to supply U.S. market amid cost pressures
Latest Articles 04/17/26

GM leans on global production to supply U.S. market amid cost pressures

Volkswagen ends U.S. EV output, triggering $600 million financial hit 
Latest Articles 04/17/26

Volkswagen ends U.S. EV output, triggering $600 million financial hit 

March sales surge tightens inventory, affordability gaps persist
Latest Articles 04/17/26

March sales surge tightens inventory, affordability gaps persist

2026 Genesis G90 black edition: Luxury with a performance edge
Latest Articles 04/17/26

2026 Genesis G90 black edition: Luxury with a performance edge

$99M John Deere settlement accelerates high-stakes right to repair movement
Latest Articles 04/17/26

$99M John Deere settlement accelerates high-stakes right to repair movement

TrueCar achieves profitability and calls for a new standard in automotive pricing
Latest Articles 04/16/26

TrueCar achieves profitability and calls for a new standard in automotive pricing

Stellantis, Microsoft deepen alliance to supercharge AI and cybersecurity capabilities 
Latest Articles 04/16/26

Stellantis, Microsoft deepen alliance to supercharge AI and cybersecurity capabilities 
Latest Articles 04/16/26

Pentagon boosts weapons production with automakers, Ford unifies EV strategy, Tesla outlook improves

Pentagon taps automakers to boost weapons production capacity
Latest Articles 04/16/26

Pentagon taps automakers to boost weapons production capacity

Ford creates unified product organization to accelerate EV, software rollout and margin goals
Latest Articles 04/16/26

Ford creates unified product organization to accelerate EV, software rollout


CBT News
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.