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.

sales

J.D. Power and LMC Automotive expect new car sales to dip in July

- July 28, 2022
According to J.D Power and LMC Automotive analysts, there will likely be a slump in retail auto sales for July due to massive supply-chain and distribution problems globally. Total sales, including retail and non-retail transactions, may...
Articles Headlines
interest rates

Fed raises interest rates 0.75 points for the second time as inflation soars

- July 28, 2022
In an effort to curb rising prices, the Federal Reserve hiked interest rates by another 0.75% Wednesday afternoon, the same amount as its last move in June. Following the announcement, markets surged,...
Articles Headlines

Penske Automotive reports its most profitable quarter to date

- July 28, 2022
Penske Automotive Group has reported its quarterly earnings for Q2 2022. According to a recent press release, Penske produced an all-time record for earnings this quarter. Earnings per share increased...
Articles Headlines
Mercedes-Benz

Mercedes-Benz raises full-year guidance due to strong Q2 performance and robust demand

- July 28, 2022
CEO of Mercedes-Benz AG, Ola Kallenis, recently discussed how the company has a healthy number of orders and demand, even with limited supply. Mercedes-Benz is rushing to produce high-quality vehicles, including...
Articles Headlines
Group 1

Group 1 Automotive Q2 revenues increase 14.3% compared to 2021

- July 28, 2022
Group 1 Automotive also reported its second quarterly earnings despite chain supply problems and inventory shortages. The total revenue for Q2 that Group 1 reported is $4.1 billion, a 14.3%...
Articles Headlines

CBT automotive newscast: July 28, 2022

- July 28, 2022
Inside Automotive: How Texas dealer Ben Keating is competing for market share amid tight supply conditions Automotive dealers are challenged now, more than ever, with very limited supply. And while it is...
Daily Newscast

Buy/sell expert Alan Haig on buyer confidence and industry consolidation

- July 27, 2022
Are you wondering if now is the time to sell your car dealership or even acquire an additional one? Today on Inside Automotive, we’re joined once again by Alan Haig,...
Daily Automotive News Featured
Jimmy Ellis corporate social responsibility

6 car dealers committed to corporate social responsibility and community give back

- July 27, 2022
Car dealers are widely known for their corporate social responsibility efforts, which can go a long way for car buyers looking for dealerships to trust. According to the Harvard Business Review,...
Management & Leadership Articles
net income

GM’s second-quarter net income decreases 39% from this time a year ago

- July 27, 2022
Despite revenue growth of 4.7% in the second quarter, General Motors on Tuesday announced a year-over-year decline in net income of almost 40% and stated that it anticipates better performance in the second...
Articles Headlines
loan

Dept. of Energy to loan $2.5 billion to GM and LG Energy Solution joint venture

- July 27, 2022
The Department of Energy's Advanced Technology Vehicles Manufacturing Program (ATVM) was created by Congress under the administration of former President George W. Bush and has been dormant since 2010, until now. Congress established...
Articles Headlines

Latest Articles

Dealer sentiment climbs on strong spring in Q2, future confidence falls
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Dealer sentiment climbs on robust Q2 sales, future confidence falls

Scout Motors to bring 1,200 jobs to new Charlotte HQ
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Scout Motors to bring 1,200 jobs to new Charlotte HQ

Volvo secures U.S. approval to continue vehicle sales despite China-linked restrictions
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Toyota expands Tundra recall over engine contamination concerns
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Lean into the chaos: One dealer's advice for navigating today's challenges
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Why leadership pace determines organizational performance
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Your next car just got more expensive, and AI is the reason why
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Tesla recalls 14,575 Model Ys after automated scanner missed certification labels
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Bob Bell Automotive Group acquires Plaza Ford in Bel Air, Maryland from Walls family
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Bob Bell Automotive Group acquires Plaza Ford in Bel Air, Maryland from Walls family

Trump touts Iran talks, GM invests $50M in STEAM programs, Sedan interest rises
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Trump touts Iran talks, GM invests $50M in STEAM programs, Sedan interest rises