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

CBT News

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.

inflation

US inflation slowed to 8.5% in July, gasoline and energy prices fall

- August 11, 2022
Inflation in the United States unexpectedly cooled in July as a rebound in the cost of gasoline and other energy products decreased. The US Bureau of Labor Statistics' latest consumer price index (CPI)...
Articles Headlines
Shift

Online used car retailer Shift plans merger with CarLotz to boost profitability

- August 11, 2022
Used car eCommerce platform Shift is merging with consignment firm CarLotz, and the two companies promise to deliver a better way to buy and sell used cars. With Shift, customers can shop for cars online...
Articles Headlines
Nikola

CEO Mark Russell plans to leave Nikola at the end of 2022

- August 11, 2022
Mark Russell will retire as CEO of Nikola at the end of the year, the company announced on Monday. Russell has been with Nikola since 2014 and has served as CEO...
Articles Headlines

CBT automotive newscast: August 11, 2022

- August 11, 2022
Inside Automotive: NADA Chairman Mike Alford on EVs, OEM direct sales, and supply issues It has been an incredible time in retail automotive for car dealers. Sales have been strong, considering the...
Daily Newscast
recruiting

How GM Brandon Apon is modifying recruiting strategies to attract more staff

- August 10, 2022
It’s crucial for car dealers and managers to understand what’s going on in each department of the dealership. For Brandon Apon, the General Manager of Mall of Georgia Mazda (Hendrick...
Management & Leadership Featured
LMP Automotive

LMP Automotive sells more assets, seeks approval for plan of liquidation

- August 10, 2022
LMP Automotive Holdings, Inc. and its affiliates announced on Monday that it has entered into an all-cash asset sales agreement to sell several automotive dealerships in Florida and West Virginia...
Daily Automotive News Articles
Vroom

Vroom revenues fall 38% in Q2, missing consensus EPS estimates

- August 10, 2022
Vroom exceeded Wall Street expectations for its second-quarter earnings. The retailer reported a $0.83 decrease per share and a loss of $115.1 million. However, earnings jumped 5.19%, and the company posted...
Articles Headlines
MSRP

How are dealer markups affecting brand and dealership loyalty?

- August 10, 2022
While inflation is widely in effect across the country, dealerships have continued to mark up vehicle prices beyond the recommended MSRPs. In May this year, 80% of consumers paid at...
Articles Headlines

CBT automotive newscast: August 10, 2022

- August 10, 2022
Inside Automotive: How GM Brandon Apon is modifying recruiting strategies to attract more staff It’s crucial for car dealers and managers to understand what’s going on in each department of the dealership....
Daily Newscast
Wyler

How Jeff Wyler Automotive plans to use its innovative new retailing platform to beat disruptors

- August 9, 2022
Jeff Wyler Automotive Family recently launched a 100% online car buying solution to compete directly with disruptors like Carvana and Vroom. Kevin Frye, the Marketing Director at Jeff Wyler Automotive...
Sales & Marketing Featured

Latest Articles
Latest Articles 04/03/26

White House revises metals tariffs, Stellantis eyes Canada EVs with Leapmotor, NHTSA considers ban on faulty Chinese airbags

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa
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Ed Morse Automotive Group acquires Porsche Des Moines in Iowa

GM to invest more than $150 million in Saginaw Metal Casting Plant
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GM to invest more than $150 million in Saginaw Metal Casting Plant

White House revises metals tariffs, shifts calculation method
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White House revises metals tariffs, shifts calculation method

Stellantis explores EV production in Canada with China’s Leapmotor
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Stellantis explores EV production in Canada with China’s Leapmotor

NHTSA weighs U.S. ban on defective Chinese airbag components
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NHTSA weighs U.S. ban on defective Chinese airbag components

Toyota bets on EV rebound with seven-model U.S. lineup
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Affordability takes center stage at the 2026 NY Auto Show
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Affordability takes center stage at the 2026 NY Auto Show

Legal battles reshape car sales
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Legal battles reshape car sales

California’s War on Classic Cars Just Hit a Wall—Thanks to Jay Leno
Latest Articles 04/03/26

California’s war on classic cars just hit a wall– Thanks to Jay Leno


CBT News
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