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

The NADA has alerted Hyundai dealers to recent changes in the dealer sales and service agreement that may conflict with state franchise laws.

Hyundai’s new dealer agreement addendums raise concerns over state franchise law compliance

- June 17, 2024
The National Automobile Dealers Association (NADA) has alerted Hyundai dealers to recent changes in the manufacturer's dealer sales and service agreement that may conflict with state franchise laws. A memo...
Retail used-vehicle sales in May saw a significant increase, marking the highest level this year, according to vAuto data.

Retail used-vehicle sales jump 15.9%, highest monthly volume since 2022

- June 17, 2024
Retail used-vehicle sales in May saw a significant increase, marking the highest level this year, according to an analysis of Cox Automotive’s vAuto data. Sales rose by 15.9% month-over-month, with...

Hyundai dealer concerns, Chinese tariff comment extension, Record May used-vehicle sales

- June 17, 2024
Top stories Hyundai's new dealer agreement addendums raise concerns over state franchise law compliance. Read More U.S. trade groups request extension to comment on tariffs on Chinese imports. May's used-vehicle sales surge,...
Cole Frankman, Dealer Principal, has observed as the market grapples with high inflation, affordability has become a significant concern.

Dealer principal warns: affordability challenges loom for car buyers – Cole Frankman | Frankman Motor Company

- June 17, 2024
Independent dealers typically have a price advantage that is attractive to consumers, especially now as inflation remains high. Cole Frankman, Dealer Principal of Frankman Motor Company, joins us on today's...

Stellantis unveils new software, Tesla approves Musk’s $56B pay, Electric Jeep Renegade under $25K

- June 14, 2024
Top stories Stellantis unveils new software and connected features for its global lineup. Read More Tesla shareholders approve Elon Musk's $56 billion pay package. Read More All-Electric Jeep Renegade confirmed to start under...
In a significant show of support for CEO Elon Musk's leadership, Tesla shareholders have approved his $56 billion pay package

Tesla shareholders approve Elon Musk’s $56 billion pay package

- June 14, 2024
In a significant show of support for CEO Elon Musk's leadership, Tesla shareholders have approved his $56 billion pay package, marking a big incentive to maintain focus on Tesla, his...
This surge led to a decrease in new-vehicle days' supply to 74 days at the start of June, indicating the total inventory of unsold vehicles.

May new-vehicle sales surge, reducing days’ supply amid inventory fluctuations

- June 14, 2024
The end of May saw a significant surge in new vehicle sales, a trend largely attributed to the Memorial Day holiday, a pivotal sales period for the automotive market. This...
Federal Reserve holds interest rates steady, impacting auto loans and dealer sentiment

Weekly roundup: Feds holds interest rates, Biden finalizes milder fuel rules, IIHS survey finds majority support speed limit warnings

- June 14, 2024
Earlier this week: The Federal Reserve held interest rates unchanged. The Biden Administration finalized milder fuel economy rules. The majority of U.S. drivers support speed limit warnings in vehicles. A...

Ford hires top EV talent, Ionna establishes HQ in Durham for charging infrastructure, Fed holds rates steady impacting auto loans

- June 13, 2024
Top stories Ford hires top talent from Tesla, Rivian, and more to develop affordable EVs. Read More Ionna establishes headquarters in Durham, NC, to revolutionize EV charging infrastructure. Read More Fisker recalls thousands...
Ionna has revealed its HQ will be in Durham, North Carolina, featuring a “Quarterback Lab” designed to address charging issues.

Ionna establishes headquarters in Durham, NC, to revolutionize EV charging infrastructure

- June 13, 2024
Late last year, seven major automakers—BMW, Honda, General Motors, Hyundai, Kia, Mercedes-Benz, and Stellantis—announced a joint venture to build accessible public DC fast charging infrastructure across the U.S. and Canada....