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.

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...
Daily Newscast
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...
Headlines Articles
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...
Headlines Articles
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...
Featured Management & Leadership

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...
Daily Newscast
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...
Headlines Articles
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...
Headlines Articles
In today’s competitive automotive landscape, your dealership's BDC efficiency is more crucial than ever. Joining us is Scott Davis of Volie

How Volie is revolutionizing dealership BDCs – Scott Davis

- August 19, 2024
In today’s competitive automotive landscape, your dealership's Business Development Center (BDC) efficiency is more crucial than ever. With rising costs and the complexity of managing customer interactions, having the right...
Driving Solutions Management & Leadership

GM’s major renewable energy deal, Ford’s 2025 Lincoln Navigator unveil, July’s retail used vehicle sales surge

- August 16, 2024
Top stories GM secures largest renewable energy deal to power three U.S. assembly plants. Read More Ford unveils 2025 Lincoln Navigator with 48-inch front display and spa-like 'sanctuary' mode. July sees surge...
Daily Newscast
General Motors (GM) has announced its largest renewable energy purchase agreement to date, a 15-year deal with NorthStar Clean Energy

GM secures largest renewable energy deal to power three U.S. assembly plants

- August 16, 2024
General Motors has announced its largest renewable energy purchase agreement to date, a 15-year deal with NorthStar Clean Energy. This agreement will power three of GM's assembly plants—Lansing Delta Township...
Headlines Articles

Latest Articles

Why Subaru's slowdown is creating a window for dealer M&A
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Why Subaru’s slowdown is creating a window for dealer M&A

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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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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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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