TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


About: CBT News

certified pre-owned sales

Used car supply and certified pre-owned sales remain stable in July

- August 16, 2022
According to Cox Automotive data, used vehicle inventory held steady from June to July, while sales and prices saw an increase toward the end of the month. The total supply of unsold used vehicles...
Vroom

JP Morgan downgrades Vroom stock, encourages shareholders to sell

- August 16, 2022
JP Morgan analysts have revealed that there's no easy fix to save online used car retailer Vroom and suggests investors sell their shares. Vroom shares are off 80% in 2022 and are...
Tesla

Tesla has built over 3 million EVs, plans to boost output by 50% annually

- August 16, 2022
Tesla founder and CEO Elon Musk tweeted over the weekend that Tesla production has surpassed the three million vehicle mark. In the tweet, Musk congratulated Tesla's Giga Shanghai factory after months of lockdowns...
tax credits

Audi, Kia, Porsche EVs will lose US tax credit eligibility under new law

- August 16, 2022
Automakers including Audi of America, Kia, and Porsche said that buyers of their electric vehicles would lose access to federal tax credits worth up to $7,500 once President Joe Biden signs the Inflation Reduction Act into...

CBT automotive newscast: August 16, 2022

- August 16, 2022
Inside Automotive: How general manager Eddy Allen fosters an outstanding customer experience despite low inventory Like many other car dealers in retail automotive today, Eddy Allen, the General Manager of Jaguar-Land Rover...
elevated entrepreneur

How to become an ‘Elevated Entrepreneur’ and create a life you desire — Jake Kelfer

- August 15, 2022
While there isn’t a shortcut to success, there are coaches, mentors, and books that can certainly help you along your journey. Today on Inside Automotive, we’re pleased to welcome Jake Kelfer,...
new car

How new car supply shortages are affecting OEM and franchise dealer relationships — Brian Finkelmeyer

- August 15, 2022
When new vehicle production returns to more typical levels, will automakers flood dealer lots with inventory, or will they take another approach? Today on Inside Automotive, we’re joined in the...
Rivian

Rivian Automotive’s Q2 revenue exceeds expectations, delivers 4,467 vehicles

- August 15, 2022
In a letter to shareholders, electric vehicle maker Rivian Automotive reported that revenue in the second quarter outperformed Wall Street expectations but went on to say that the company expects a higher...
new vehicle inventory, New vehicle affordability

New vehicle inventory improves in July, but remains lower than pre-pandemic times

- August 15, 2022
According to newly released insights from Cox Automotive's analysis of vAuto available inventory data, new-vehicle inventory numbers are improving slightly. New-vehicle inventory was slightly higher at the end of July versus the same...
Fisker

EV maker Fisker considers US manufacturing options beginning in 2024

- August 15, 2022
California electric vehicle startup Fisker said last Friday that it was considering options to manufacture vehicles in the United States starting in 2024. The news means that certain models could provide US car...


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