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

New vehicle prices rise slightly in February as EV incentives hit record high

- March 12, 2025
According to Cox Automotive's Kelley Blue Book, new vehicle prices remained elevated in February, with the average transaction price (ATP) reaching $48,039, a 1.0% increase year over year. However, prices...
GM is ramping up its use of AI to enhance manufacturing efficiency, improve vehicle quality, and support worker safety.

GM expands AI-driven manufacturing to enhance quality, safety, and efficiency

- March 11, 2025
General Motors (GM) is ramping up its use of artificial intelligence (AI) to enhance manufacturing efficiency, improve vehicle quality, and support worker safety. As the automaker continues to expand its...
Kia confirms the EV4 electric sedan will arrive in U.S. dealerships in late 2025, with a starting price in the mid-$30K range.

Kia releases more EV4 details, confirms U.S. launch in late 2025

- March 11, 2025
Kia confirmed that its new compact electric sedan, the EV4, will be coming to the U.S. market in late 2025. It's designed to compete with models like the Chevy Equinox...

UAW supports tariffs, Nissan names new CEO, GM resubmits bank bid

- March 11, 2025
Top Stories UAW President supports Trump's tariffs to protect American jobs. Read More Nissan appoints Ivan Espinosa as new CEO to drive innovation. Read More GM resubmits bank application amid regulatory concerns. Read More Easier access...
Cox Automotive's February Dealertrack Credit Availability Index revealed improvement in auto credit access.

Auto credit access improves in February, reaching highest level since 2022

- March 11, 2025
In February 2025, the Dealertrack Credit Availability Index revealed an overall improvement in auto credit access, with gains across most lending channels. While new-vehicle loans saw slight tightening, used-vehicle financing—particularly...
Sean Gardner, instructor and sales trainer at Joe Verde Group, shares four steps to beat the price grind, master negotiation, and sell more cars.

Beat the price grind and master negotiations – Sean Gardner | Joe Verde Group

- March 11, 2025
Price negotiations often feel like a relentless battle for salespeople and managers. However, Sean Gardner, instructor and sales trainer at the Joe Verde Group, offers a solution. In today's episode...
President Trump has announced a temporary suspension of new tariffs on Canadian and Mexican goods covered under USMCA.

U.S. reevaluates USMCA tariffs as Mexico gets temporary relief

- March 11, 2025
President Trump has announced a temporary suspension of new tariffs on Canadian and Mexican goods covered under the U.S.-Mexico-Canada Agreement (USMCA). The pause, effective until April 2, affects about 50% of Mexican...
Dave Cantin Group announced the promotion of Brian Gordon to President of the company and its related businesses.

Brian Gordon named President of leading automotive retail advisory firm Dave Cantin Group

- March 10, 2025
NEW YORK, March 10, 2025 – Dave Cantin Group (DCG), a leading mergers and acquisitions advisory company to retail automotive groups and their owners, today announced the promotion of Brian...
U.S. new-car dealerships rose in 2024, while franchises declined. Higher sales boosted throughput, with domestic brands consolidating.

U.S. new-car dealerships increase in 2024, while franchises decline

- March 10, 2025
The number of new-car dealerships in the U.S. increased by nearly 1% in 2024, reaching a total of 18,311 as of January 1, according to the 2025 Automotive News Dealer...
The Walters family has officially passed the torch of Bob Mayberry Hyundai in Monroe, N.C., to Pablo River Partners, marking the end of their long-standing involvement in the automotive retail business. The sale, which was finalized on March 5, was exclusively advised by The Presidio Group LLC, an independent merchant banking firm with expertise in mergers and acquisitions in the automotive retail and consumer mobility sectors.

Presidio facilitates sale of Bob Mayberry Hyundai to Pablo River Partners

- March 10, 2025
The Walters family has officially passed the torch of Bob Mayberry Hyundai in Monroe, N.C., to Pablo River Partners, marking the end of their long-standing involvement in the automotive retail...


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