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

Major automakers pen letter to Congress requesting more chip funding

- June 23, 2022
According to a letter obtained by Reuters, major automakers and industry suppliers asked Congress on Wednesday to act promptly and approve $52 billion in subsidies for American semiconductor manufacturing. The electronics and...

Electric vehicle tax credit bonus cut from spending bill says Senator Joe Manchin

- June 23, 2022
Democrats have given up on the $4,500 electric car tax credit extra for union-made EVs as part of the Build Back Better Act, according to Democratic Senator from West Virginia...

General Motors announces downtime for Factory Zero plant to expand production

- June 23, 2022
In order to prepare for an increase in production, General Motors' premier electric truck facility in Detroit will be shut down for four weeks starting the week of June 27. GM...

CBT automotive newscast: June 23, 2022

- June 23, 2022
Inside Automotive: Dealer Matt Bowers on supply chain challenges, electrification, and Jim Farley Many auto retail professionals were expecting the semiconductor chip and vehicle shortages to be long gone by now, but...
acquisition

Florida dealer Brett Morgan discusses his group’s bullish acquisition strategy

- June 22, 2022
Despite inventory shortages and supply chain concerns, many car dealers are experiencing record profitability and capitalizing on expansion opportunities. In 2021, when we spoke to Brett Morgan, the CEO of...
GA4

3 basic GA4 features that all auto marketers need to know

- June 22, 2022
Google will discontinue support for the current version of Google Analytics in July 2023. If you're not familiar with Google Analytics, it's the platform that practically every car dealer utilizes...

Toyota joins Redwood Materials EV battery recycling and manufacturing initiative

- June 22, 2022
Redwood Materials Inc, a California-based startup, announced Tuesday that Toyota had joined its EV battery recycling and manufacturing initiative. Redwood Components is developing a closed-loop battery ecosystem with the goal...

AAA predicts 42 million road travelers over the July 4 holiday

- June 22, 2022
According to AAA, a record 42 million people are expected to travel for the July 4 Independence Day weekend in the United States, swallowing historically high fuel expenses to clog...

EV makers appeal to Congress one more time for tax credits before U.S. election

- June 22, 2022
Before Republicans have a chance to seize control of both the House and the Senate next year, automakers are making a desperate, last effort to persuade Congress to support an...

Tesla CEO Elon Musk shares more details about job cuts amid lawsuit from former employees

- June 22, 2022
After former Tesla workers filed a lawsuit claiming the EV maker violated U.S. labor regulations, Elon Musk has made some clarifications as to how many Tesla employees may lose their...


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