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 Staff Writer

new restrictions

Carvana to continue operations in Illinois, but not without new restrictions

- January 26, 2023
Illinois and Carvana have reached an agreement that will allow it to continue its business in the state with new restrictions, after an investigation resulted in the suspension of its...

Tesla to spend $3.6 billion to ready Nevada gigafactory for electric semi truck

- January 26, 2023
Tesla has confirmed $3.6 billion in investments to prepare its Nevada "Gigafactory" site for additional battery manufacturing workloads, and production of its new electric semi truck. The facility additions will enable...

How relations between OEMs and dealers are changing in 2023

- January 25, 2023
The relationship between dealers and OEMs is one of the industry's most discussed topics. While spats between manufacturing and retail are nothing new, the car business has transformed significantly in...
electrification

Honda announces reorganization effort to pursue global electrification strategy

- January 25, 2023
Honda has unveiled a plan to reorganize its operations in the name of achieving its electrification goals. In a press release published Tuesday, the automaker listed three key changes to its...
brand loyalty, loyalists

The best brands for turning first time buyers into loyalists according to S&P Global

- January 25, 2023
S&P Global has revealed the automakers which succeed the most at transforming first time buyers into brand loyalists. The study, published Monday, used consumer behavior trends to rank brands in terms...
hostile takeover

Carvana takes defensive strategy, hopes to prevent hostile takeover

- January 24, 2023
Carvana has resorted to using the "poison pill" strategy to prevent a hostile takeover before it can resolve its financial problems. The "poison pill" refers to a series of defensive maneuvers...

Cox Auto says December service volume went up but profits went down

- January 24, 2023
A new Cox Automotive report has revealed that December service volume increased by 0.7% while revenue decreased by 0.7%. Although the changes are largely insignificant, they stand in contrast to a...

2023 buy/sell trends to watch: Will things go back to normal this year?

- January 23, 2023
Car dealers are anxious to hear more about 2023 market trends. Bob Morris is the director of the Southeast Region for the Tim Lamb Group, one of the nation's largest...
NADA Show

Gearing up for NADA Show? Here’s what you can expect to see — Danny Renshaw

- January 23, 2023
With the 2023 NADA Show arriving later this week, dealers are curious to know what will be presented by the show's organizers. The last two years of automotive retail have been unpredictable...
EV deliveries

BMW doubled EV deliveries, but lost ground on the rest of its lineup in 2022

- January 23, 2023
BMW's final tally for 2022 revealed a 108% increase to its EV deliveries, but a 4.8% drop in global sales. The success of the company's electric lineup is hardly a surprise,...


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