TSLA433.4807.47%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.4807.47%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.4807.47%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%


About: CBT News Editorial Team

vAuto Conquest

How vAuto Conquest helps dealers tackle year-end inventory challenges – Derek Hansen | Cox Automotive

- October 28, 2024
Fall is here, which means the model-year changeover is upon us—and dealers will be looking to move current inventory off their lots to make room for next year’s models. In...

Scout Motors unveils electric SUV, Stellantis invests $29.5M in EV tech, U.S. approves lithium mine to rival China

- October 25, 2024
Top stories Volkswagen's Scout Motors reveals an electric SUV and truck with extended-range gas option. Read More Stellantis invests $29.5M in wind tunnel tech to boost EV range for Jeep, Dodge, and...
wind tunnel

Stellantis invests $29.5M in wind tunnel tech to boost EV range for Jeep, Dodge, and Ram

- October 25, 2024
Stellantis has invested $29.5 million in advanced wind tunnel technology at its research and technical center in Auburn Hills, Michigan. This investment aims to improve the driving range of upcoming...
New vehicle sales for October 2024 are projected to increase compared to September despite maintaining the same SAAR of 15.8 million.

October new vehicle sales expected to rise by 10% amid steady market trends

- October 25, 2024
In October 2024, new vehicle sales are expected to rise by 10% compared to September, while maintaining a seasonally adjusted annual rate (SAAR) of 15.8 million. This increase in sales...

Weekly roundup: GM exceeds Q3 earnings, EV sales surge, Trump proposes U.S. car tax breaks

- October 25, 2024
Earlier this week: GM surpassed Wall Street Expectations with robust Q3 earnings. The U.S. electric vehicle market sees record growth as EV sales hit new milestones. Trump proposes tax breaks...
Tesla reported a strong net income of $2.2 billion for the third quarter, reflecting a 17% increase compared to the same period last year.

Tesla posts robust Q3 earnings with $2.2B net income

- October 24, 2024
Tesla reported a strong net income of $2.2 billion for the third quarter (Q3), reflecting a 17% increase compared to the same period last year. The company's total revenue for...
Lithia Motors successfully reduced expenses and anticipates saving an additional $100 million in 2025, increasing the total savings.

Lithia Motors surpasses cost-cutting target, achieves $200M in savings

- October 24, 2024
According to COO Adam Chamberlain, Lithia Motors successfully reduced expenses by $200 million by the end of the third quarter, surpassing its original cost-cutting target by $50 million. The initiative,...

Lawmakers pressure Stellantis, Tesla reports $2.2B Q3 profit, Hyundai faces 7% earnings drop

- October 24, 2024
Top stories Lawmakers urge Stellantis to honor UAW investment commitments amid rising tensions. Read More Tesla posts robust Q3 earnings with $2.2B net income. Read More Hyundai warns of slowing demand and rising...
Selling your dealership can be daunting, whether you're planning to retire, shift industries, or capitalize - Sheldon Sandler joins us.

10 essential tips for successfully selling your dealership– Sheldon Sandler | Bel Air Partners

- October 24, 2024
In today’s competitive automotive market, selling your dealership can be daunting, whether you're planning to retire, shift industries, or capitalize on favorable market conditions. In this episode of Inside Automotive,...
In today's episode of Inside Automotive, Cory Collins breaks down the key strategies needed to navigate F&I challenges and drive success.

Cory Collins shares strategies dealers can implement to offset shrinking front-end profits

- October 24, 2024
As front-end gross profits continue to dwindle due to inventory normalization post-COVID, dealerships are placing an even greater emphasis on their F&I departments to maintain profitability. With cash deals on...


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