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

research

Dept. of Energy grants University of Michigan $11 million to fund EV battery research

- September 1, 2022
The US Department of Energy has awarded the University of Michigan an $11 million federal grant to fund research for ceramic, solid-state batteries for use in electric vehicles. The grant will...

CBT automotive newscast: September 1, 2022

- September 1, 2022
Inside Automotive: Mid-year review of the buy/sell market and forecast for the remainder of 2022 — Erin Kerrigan Welcome to this episode of Inside Automotive with anchor Jim Fitzpatrick. Today, we’re pleased...
recon

Streamline your dealership’s recon to retail process with one user friendly platform

- August 31, 2022
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. Today, we're joined by Hugh Hathcock, Owner and Founder of Velocity Automotive, Kalah Hathcock, Executive Vice President at Velocity...
buy/sell

How car dealers can structure their buy/sell deals for maximum success — Len Bellavia, Esq.

- August 31, 2022
We know there are plenty of dealership buyers right now, and as we are all aware, it is a seller's market. Brokers are constantly making inquiries and telling car dealers...
ACV Auctions

ACV Auctions files lawsuit claiming competitors violated antitrust rules

- August 31, 2022
Online auction company, ACV Auctions, has filed an antitrust lawsuit that alleges several companies in the physical auction sector conspired to hinder ACV's ability to compete in the market.  In a complaint filed...
Black supplier program

Stellantis partners with the National Business League for Black supplier program

- August 31, 2022
The National Business League and automaker Stellantis revealed they are partnering to launch a program to develop and support black-owned supplier companies. The National Black Supplier Development Program will assist businesses with development through education,...
New vehicle supply levels recovered to their highest levels since June 2020 in February while prices continued to decline.

Slim new car inventory keeps prices and profitability soaring

- August 31, 2022
According to a new forecast from J.D. Power and LMC Automotive, new-vehicle retail sales for August are expected to decline compared to August 2021. Combined with record-setting new-vehicle prices and retailers struggling to...
recession

Former Fed economist Stephen Roach sheds light on recession concerns

- August 31, 2022
Stephen Roach, Senior Fellow at Yale University's Jackson School of Global Affairs, appeared on CNBC's "Fast Money" where he said the U.S. needs a "miracle" to avoid a recession.  Roach served as chair...

CBT automotive newscast: August 31, 2022

- August 31, 2022
 Inside Automotive: How car dealers can structure their buy/sell deals for maximum success — Len Bellavia, Esq. We know there are plenty of buyers right now, and as we are all aware,...
acts of kindness

Virginia dealer group celebrates 75th anniversary with 75 acts of kindness

- August 30, 2022
Today on Inside Automotive, we’re pleased to welcome the President of Marlow Automotive Group, Emily Marlow Beck. Marlow Automotive Group, based in Virginia, is celebrating 75 years in the car...