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

Ford

Ford Q3 earnings beat Wall Street expectations despite net loss of $827 million

- October 28, 2022
Ford Motor Company released its third-quarter financial results this week and narrowly beat Wall Street expectations while reporting a net loss of $827 million for the quarter. Ford attributed the loss...

GDP grows 2.6%, marking the first period of positive acceleration in 2022

- October 28, 2022
The US economy showed potential signs of recovery after posting third-quarter GDP (a sum of all the goods and services produced during the quarter) results that marked the first period...
third-quarter earnings

Public auto groups report strong third-quarter results

- October 28, 2022
Four of the six public dealer groups released record-breaking third-quarter financial results on Wednesday, including Group 1 Automotive, AutoNation, Asbury Automotive Group, and Sonic Automotive. Group 1 Automotive reported total revenues...
EU

EU approves ban on new combustion engine vehicles by 2035

- October 28, 2022
This week, the European Union made strides towards its plans to phase out the sale of new diesel and gasoline cars and vans after the EU and European Parliament reached...

Ford Q3 earnings, GDP results, Elon Musk fires Twitter execs

- October 28, 2022
Inside Automotive: CADA Pres. Tim Jackson discusses Colorado's enormous spike in EV and PHEV sales The Colorado Automobile Dealers Association recently released a report showing a decline in new vehicle registrations and...
employee engagement

Why improving employee engagement is vital for long-term retention — Joseph Michelli

- October 27, 2022
You and your managers might not realize how much employee engagement directly impacts the customer experience. Today on CBT Now, we're pleased to welcome back Joseph Michelli, CEO of The...
Tesla

Consumer Focus: Is the Tesla car buying experience really that good?

- October 27, 2022
Tesla has led the market for electric vehicles in the US for many years now. While the company's market dominance will likely decrease as more EV options become available, US...
new car sales Cox Automotive, 2023, interest rates

Oct. new car sales likely to increase and finish with 1.11 million units sold — Cox Automotive

- October 27, 2022
Cox Automotive released its October forecast this week, showing that new car sales volume in the US is likely to increase compared to last year—signaling potential improvements in the new...

Penske Automotive reports record Q3 revenue of $6.9 billion

- October 27, 2022
Penske Automotive Group announced its third-quarter earnings on Wednesday, showing positive growth across almost all measurements. The automotive and commercial truck retailer reported that revenue for the third quarter increased by...

Study shows many car buyers have returned to pre-pandemic shopping habits

- October 27, 2022
CarGurus announced the release of its 2022 Consumer Insights Report on Wednesday, and this year's report includes not only buyer insights but seller insights as well. This edition is the fifth...