TSLA433.5907.58%
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%
TSLA433.5907.58%
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%
TSLA433.5907.58%
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

CBT News is in the final stages of accepting nominations for its prestigious 40 Under 40 Awards, an annual recognition program sponsored by Force Marketing.

Nominate outstanding automotive leaders for CBT News’ 40 Under 40 Awards

- August 21, 2024
CBT News is in the final stages of accepting nominations for its prestigious 40 Under 40 Awards, an annual recognition program sponsored by Force Marketing. The award honors outstanding young...
Today we sit down with Ryan Kerrigan to discuss the fallout from OEMs' aggressive EV push and the broader implications for the auto industry

Ryan Kerrigan on the failed EV rollout: What went wrong and what’s next for auto dealers

- August 21, 2024
In today's episode of Inside Automotive, we sit down with Ryan Kerrigan, Managing Director of Kerrigan Advisors, to discuss the fallout from OEMs' aggressive EV push and the broader implications...

How top dealers drive profits with synergized F&I and sales strategies

- August 21, 2024
In this engaging episode of Training Camp with Adam Marburger, we delve into how top dealers drive profits with synergized F&I and sales strategies. Top industry leaders Chris Saraceno- VP...

UAW threatens strike over Stellantis plant, GM cuts 1,000 jobs, Trump eyes ending EV tax credit

- August 20, 2024
Top stories UAW threatens national strike over Stellantis’ failure to meet Belvidere plant commitments. GM lays off over 1,000 software and services division employees amid strategic streamlining. Read More Trump considers ending...
GM is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review.

GM lays off over 1,000 software and services division employees amid strategic streamlining

- August 20, 2024
General Motors (GM) is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review to streamline operations. The cuts include approximately 600...
Wholesale used-vehicle prices have risen by 0.5% from July during the first half of August, as the Manheim Used Vehicle Value rose to 202.6.

Wholesale used vehicle prices rose 0.5% in early August

- August 20, 2024
Wholesale used-vehicle prices have risen by 0.5% from July during the first half of August, as the Manheim Used Vehicle Value Index increased to 202.6. Despite the month-over-month growth, the...
Suzuki explains the importance of value-based selling, offering actionable insights to help dealerships build long-term customer loyalty

Leveraging ChatGPT for enhanced sales and service – Jen Suzuki

- August 20, 2024
In this episode of Loyalty-Based Sales Strategies, industry expert Jen Suzuki explores ChatGPT's transformative potential for car dealerships. From streamlining service communications to crafting engaging sales messages, Jen explains how...

ALM and Escude expand dealerships, Rivian halts EDV production, Genesis boosts U.S. presence

- August 19, 2024
Top stories ALM and Escude Auto Groups expand with key dealership acquisitions. Read More Rivian halts EDV production due to parts shortage amid scaling challenges. Read More Genesis expands U.S. presence and unveils...
Rivian has temporarily halted production of its Electric Delivery Vans (EDVs) for Amazon at its Normal, IL plant due to a parts shortage.

Rivian halts EDV production due to parts shortage amid scaling challenges

- August 19, 2024
Rivian has temporarily halted production of its Electric Delivery Vans (EDVs) at its Normal, IL plant due to a parts shortage. The company confirmed the pause on August 16, citing...
The DMS outage that affected sales and inventory reporting throughout the previous month continues to create volatility in the market.

DMS outage creates volatility in used vehicle market as inventory declines and prices rise

- August 19, 2024
The dealer management system (DMS) outage that affected sales and inventory reporting throughout the previous month continues to create volatility in the automotive market. As of August 1, 2024, the...