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

Average transaction price for new car sales increases $139 for a new record — KBB

- August 12, 2022
New data released by Cox Automotive's Kelley Blue Book shows the average transaction price, or ATP, for a new vehicle in the US in July was higher than the previous record set in June. The...
Autonomy

AutoNation and Autonomy partner up to boost EV subscription business

- August 12, 2022
Electric vehicles are becoming more popular, and Autonomy, with the help of AutoNation, is increasing its investments in the EV subscription space. The company is adding more electric vehicles to its fleet...
premium auto brands

The luxury customer experience: How do premium auto brands stack up?

- August 12, 2022
The recently released 2022 Pied Piper Prospect Satisfaction Index (PSI) Premium Auto Study looked at 25 car brands to find out how effectively premium auto brands and car dealers assisted both...
full self-driving

Ralph Nader calls on NHTSA to remove Tesla’s ‘full self-driving’ tech

- August 12, 2022
Former Presidential candidate and consumer protection advocate Ralph Nader has called for federal regulators to recall Tesla's "full self-driving" (FSD) features. Nader referred to the vehicles as "manslaughtering" and said Tesla's deployment of the technology...

CBT automotive newscast: August 12, 2022

- August 12, 2022
Inside Automotive: How to build your influence no matter where you work in the car dealership Today on Inside Automotive, we’re pleased to welcome back Bill Berman, executive coach, founder of Berman...

NADA Chairman Mike Alford on EVs, OEM direct sales, and supply issues

- August 11, 2022
It has been an incredible time in retail automotive for car dealers. Sales have been strong, considering the inventory crisis, and profits continue to soar. Today on Inside Automotive, we’re...
shareholders

Elon Musk sells $6.9 B worth of Tesla shares ahead of Twitter legal fight

- August 11, 2022
According to a filing with the SEC, Tesla founder and CEO Elon Musk recently sold 792 million shares of the company—worth $6.9 billion. Musk made the sale to finance the potential forced deal with...
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)...
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...
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...