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

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

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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....
Electric vehicle startup Fisker announced on Wednesday that thousands of Ocean SUVs in North America and Europe are being recalled due to software issues, necessitating an over-the-air software update.

Fisker recalls thousands of Ocean SUVs in U.S. and Europe due to software issues

- June 13, 2024
Electric vehicle startup Fisker announced on Wednesday that thousands of Ocean SUVs in North America and Europe are being recalled due to software issues, necessitating an over-the-air software update. The recall...
Matt Easton joins us on today to remind us that sometimes getting the sale can be as simple as raising your hand.

Raise your hand for sales success: Matt Easton shares key tips for standing out in a competitive market

- June 13, 2024
In today's ultra-competitive business environment, where we fight to have the best marketing, the coolest social media, and the lowest prices, it's easy to feel overwhelmed by your competition. Coach...

GM adjusts EV production amid slower demand, Kia recalls 2,000 EV9s, New vehicle prices drop

- June 12, 2024
Top stories General Motors adjusts EV production targets amid slower demand growth. Read More Kia recalls over 2,000 EV9 electric SUVs due to inadequate headliner protection. Read More U.S. new vehicle prices continue...


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