TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


About: CBT News Editorial Team

Carvana reported record-breaking first-quarter results on Wednesday, surpassing Wall Street estimates as consumer demand surged.

Carvana shatters Q1 expectations with record sales amid tariff fears

- May 8, 2025
Carvana reported record-breaking first-quarter results on Wednesday, surpassing Wall Street estimates as consumer demand surged in anticipation of potential vehicle price hikes tied to auto tariffs. The online used car retailer...
Wholesale used-vehicle prices rose in April, hitting the highest level since October 2023 amid tariff concerns and tight supply.

Wholesale used-vehicle prices surge in April

- May 8, 2025
Wholesale used-vehicle prices jumped in April, fueled by stronger-than-usual seasonal demand and growing concerns over new tariffs. According to the latest Manheim Used Vehicle Value Index (MUVVI), prices rose 2.7%...

BMW expects tariff relief, Nissan boosts U.S. sales push, Volvo trims jobs but eyes growth

- May 7, 2025
Top Stories BMW anticipates easing U.S. tariffs by July 2025 amid posiitve earnings outlook. Read More Nissan launches new dealer incentive program to boost U.S. sales. Read More Volvo cuts workforce at South Carolina...
Nissan launches Nissan One, a new dealer program tying incentives to new-car sales in a push to regain U.S. market share.

Nissan launches new compensation program to revive U.S. sales

- May 7, 2025
In an aggressive push to revive lagging U.S. sales, Nissan is launching a new dealer incentive program called Nissan One, effective June 3. The initiative overhauls the automaker’s approach to...
On today’s episode of CBT Now, we’re joined by Paul Daly, Founder and CEO of ASOTU, and Kyle Mountsier, Partner and COO.

ASOTU CON set to spotlight AI, fixed ops innovation, and culture-centric dealership growth

- May 7, 2025
No matter your role in the automotive industry, ASOTU CON has something for you. The highly anticipated event returns next week, May 13–16, in Baltimore, Maryland. On today’s episode of...
Aaron Baldwin steps into the role of CEO at automotiveMastermind, focusing on customer engagement and data-driven dealer solutions.

Aaron Baldwin appointed CEO of automotiveMastermind

- May 6, 2025
automotiveMastermind has named Aaron Baldwin its new Chief Executive Officer, promoting him from his previous role as Chief Product Officer. The announcement marks a key leadership transition for the S&P...

Tariffs shake Ford’s outlook, UAW pushes local production, GM names new North America chief

- May 6, 2025
Top Stories Ford suspends full-year financial guidance amid tariff challenges. Read More UAW urges automakers to boost U.S. production utilizing existing plants. Read More GM promotes Duncan Aldred to lead North American operations. Read More Rivian...

Lotlinx appoints Kerri Wise as Chief Marketing Officer

- May 6, 2025
DETROIT, May 06, 2025 -- Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today the appointment of Kerri Wise as Chief Marketing Officer. With over 25...
Ford has suspended its full-year financial forecast, citing $1.5 billion hit to its 2025 adjusted earnings from the President’s tariffs.

Ford suspends forecast as Trump tariffs cut $1.5B from 2025 earnings

- May 6, 2025
Ford has suspended its full-year financial forecast, citing a projected $1.5 billion hit to its 2025 adjusted earnings from President Donald Trump’s auto tariffs. The automaker said shifting trade policies...
Rivian is investing nearly $120 million to construct a new 1.2 million-square-foot supplier park near its manufacturing facility in Illinois.

Rivian to build $120M supplier park in Illinois, backed by $16M state incentive

- May 6, 2025
Electric vehicle manufacturer Rivian is investing nearly $120 million to construct a new 1.2 million-square-foot supplier park near its manufacturing facility in Normal, Illinois. The project, announced Monday alongside Illinois...


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