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

CBT News Editorial Team

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.

CBT automotive newscast: August 1, 2022

- August 1, 2022
Inside Automotive: Sonic Automotive President Jeff Dyke discusses powerful Q2 2022 performance Sonic Automotive has announced all-time record revenues and gross profit for the second quarter. The fortune 500 company based in...
Daily Newscast

Supply chain problems still hindering auto sales—Is there an end in sight?

- July 29, 2022
We know that successful dealership operations primarily rely on strong vehicle sales, but manufacturers cannot produce enough cars to satisfy consumer demand. Today on Inside Automotive, Jessica Caldwell, Edmunds Executive Director of Industry Insights,...
Daily Automotive News Featured
emissions

GDP slips 0.9% for second straight quarterly decline—Biden, Yellen deny US recession

- July 29, 2022
According to the Bureau of Economic Analysis, US GDP, or gross domestic product, shrank by 0.9% in the second quarter. To tackle inflation and decrease the chances of a recession, the Federal Reserve increased...
Articles Headlines
Sonic Automotive

Sonic Automotive reports all-time record revenues and gross profit for Q2

- July 29, 2022
Sonic Automotive has reported its second quarterly earnings. According to a press release, Sonic Automotive had an all-time record adjusted earnings of $3.7 billion, up 9% year-over-year. Sonic also record...
Articles Headlines
Ford CEO Jim Farley in front of Ford logo

Ford Q2 earnings surpass expectations, raises shareholder dividend 50%

- July 29, 2022
Despite trouble with the global supply chain, Ford's adjusted earnings has tripled from a year ago to $3.7 billion as it increases deliveries. After the news was released, company shares were up 6%. Ford...
Articles Headlines
Rivian

Rivian confirms at least 800 layoffs, shifts focus to accelerating production

- July 29, 2022
Amy Mast, a spokesperson for Rivian Automotive, has confirmed in an email that at least 6% or 800 out of 14,000 of its employees will be laid off to speed up the...
Articles Headlines

CBT automotive newscast: July 29, 2022

- July 29, 2022
Inside Automotive: Supply chain problems still hindering auto sales—Is there an end in sight? We know that successful dealership operations largely rely on strong vehicle sales, but manufacturers cannot produce enough cars...
Daily Newscast
service BDC

How to fill the gaps in your service BDC and create excellent customer experiences

- July 28, 2022
Dealerships are always looking for ways to drive efficiency and profits further by adding new technologies. Back in June of 2021, Proactive Dealer Solutions launched Brooke.ai, automotive's first digital voice assistant that can...
Fixed-Ops Publishing Partners
inventory

One of the best ways for dealers to find and acquire more used car inventory

- July 28, 2022
We're in a new era when it comes to dealership inventories, and everyone is searching for a better way of buying and selling vehicles. We wanted to spend time today...
Sales & Marketing Publishing Partners
Ben Keating

How Texas dealer Ben Keating is competing for market share amid tight supply conditions

- July 28, 2022
Automotive dealers are challenged now, more than ever, with very limited supply. And while it is limited across the board, that isn’t stopping dealers from seeing record-breaking profitability. Today on...
Management & Leadership Featured

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