TSLA321.550-5.8%
GM89.1600.85%
F14.130-0.11%
RIVN15.560-0.2%
CYD48.9200.8%
HMC30.6000.48%
TM185.890-3.28%
CVNA69.4751.445%
PAG215.760-3.29%
LAD368.570-2.42%
AN215.7800.18%
GPI277.600-8.28%
ABG219.470-3.38%
SAH86.810-1.46%
TSLA321.550-5.8%
GM89.1600.85%
F14.130-0.11%
RIVN15.560-0.2%
CYD48.9200.8%
HMC30.6000.48%
TM185.890-3.28%
CVNA69.4751.445%
PAG215.760-3.29%
LAD368.570-2.42%
AN215.7800.18%
GPI277.600-8.28%
ABG219.470-3.38%
SAH86.810-1.46%
TSLA321.550-5.8%
GM89.1600.85%
F14.130-0.11%
RIVN15.560-0.2%
CYD48.9200.8%
HMC30.6000.48%
TM185.890-3.28%
CVNA69.4751.445%
PAG215.760-3.29%
LAD368.570-2.42%
AN215.7800.18%
GPI277.600-8.28%
ABG219.470-3.38%
SAH86.810-1.46%


About: CBT News Editorial Team

CBT News Editorial Team

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.

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...
Headlines Articles

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...
Daily Automotive News Headlines
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...
Headlines Articles
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,...
Headlines Articles

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...
Daily Newscast
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,...
Inside Automotive Daily Automotive News
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...
Inside Automotive F&I

U.S. finalizes $1.7B EV grants, Trump proposes vehicle tax breaks, Honda recalls 720K vehicles

- October 23, 2024
Top stories U.S. Energy Department races to finalize $1.7 billion in EV plant conversion grants. Read More Trump proposes tax breaks for U.S.-made car purchases as election nears. Read More Honda Recalls 720,000...
Daily Newscast
During a rally on Oct. 22 in Greensboro, North Carolina, Donald Trump highlighted his proposal to offer tax breaks for purchasing vehicles

Trump proposes tax breaks for U.S.-made car purchases as election nears

- October 23, 2024
During a rally on Oct. 22 in Greensboro, North Carolina, Donald Trump highlighted his proposal to offer tax breaks for purchasing vehicles, but only if they are manufactured in the...
Headlines Articles
According to the latest data from Cox Automotive, the U.S. electric vehicle market continues its rapid expansion, with new and used EV sales

U.S. electric vehicle market sees record growth as EV sales hit new milestones

- October 23, 2024
According to the latest data from Cox Automotive, the U.S. electric vehicle (EV) market continues its rapid expansion, with both new and used EV sales showing significant growth. In September,...
Headlines Articles

Latest Articles

Why Subaru's slowdown is creating a window for dealer M&A
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Holler-Classic expands with four Nissan and Infiniti dealerships
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Honda's Q1 profit jumps 129% on hybrid demand and tariff relief
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GM extends SAIC partnership, Ford July sales decline, Lucid launches turnaround plan
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GM extends SAIC partnership, Ford July sales decline, Lucid launches turnaround plan

Clay Cooley
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Clay Cooley acquires three Irving dealerships from The CAR Group

Lightpost surveillance cameras: The new AI tracking your car?
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Lightpost surveillance cameras: The new AI tracking your car?

Curbee signs industry-leading mobile service dealership Bozard Ford Lincoln
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GM extends SAIC partnership 20 years, expands China-built exports amid global competition
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GM extends SAIC partnership 20 years, expands China-built exports amid global competition

Ford reports 10.2% July sales decline as retail strategy shifts
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Ford reports 10.2% July sales decline as retail strategy shifts

Lucid targets $1.4B in cash savings as CEO launches turnaround plan
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Lucid targets $1.4B in cash savings as CEO launches turnaround plan


CBT News
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