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

BYD claims its upcoming $233,000 U9 luxury electric supercar can reach top speeds of 192 miles per hour, outpacing select Ferrari models.

New BYD luxury electric ‘supercar’ to rival Ferrari

- February 26, 2024
China-based car manufacturer BYD has revealed new details and a launch timeline for its new premium electric "supercar," the U9, which it claims can compete with luxury sports models from...
Andy Guelcher joins Inside Automotive to discuss how Chevrolet dealers are navigating the challenges of today's car market.

How the dealer-OEM relationship affects customer experience — Andy Guelcher | Mohawk Chevrolet

- February 26, 2024
Chevrolet is one of the most well-known General Motors brands, whose dealer body sets the standard for auto-retailing excellence. However, as the industry has continued to evolve, Chevy franchisees have...
New vehicle sales are set to increase from last February under rising incentive spend and inventory levels and lower transaction prices.

Vehicle sales on track to rise in February as supply jumps 44.7%

- February 23, 2024
New vehicle sales are predicted to rise in February, thanks to a combination of lower prices and better availability. A joint forecast from J.D. Power and GlobalData sees new vehicle sales...
A new KPA survey has uncovered a discrepancy in how buyers feel about dealer transparency and how transparent the sales process really is.

New research highlights impact of dishonesty in the auto sales process

- February 23, 2024
New research has identified a discrepancy in the rate at which customers experience dishonest practices during the car sales process and the percentage of customers who fear their dealer will...
Cole Kutschinski joins Inside Automotive to explain how conversational AI platforms can enhance the dealership sales process.

What can conversational AI achieve for your dealership? — Cole Kutschinski | ICOM AI

- February 23, 2024
Conversational artificial intelligence (AI) is a new and swiftly evolving tool that can speed up the sales process and improve customer retention within the dealership. However, as with any major...
The UAW is committing $40 million to fuel its unionization efforts across multiple automaker facilities in the U.S.

UAW to spend $40 million on unionization campaign over next 2 years

- February 22, 2024
The United Auto Workers (UAW) union is now committed to spending $40 million on its labor organization campaign, which is currently underway at non-union automaker facilities across the U.S. The UAW...
Electric vehicle brands Lucid, Rivian, and VinFast posted financial results this week that underscored the market's current struggles.

Electric vehicle startups post mixed Q4 earnings results

- February 22, 2024
Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car segment, fueled by lower-than-expected sales and...
April Simmons joins Inside Automotive to discuss the latest dealership marketing trends impacting the retail automotive sector.

Understanding the latest dealership marketing trends — April Simmons | Horne Auto Group

- February 22, 2024
Dealership marketing trends have evolved rapidly in recent years as consumer preferences and industry conditions have changed. With so much to keep track of, many dealers feel at a loss...
JT Taylor joins CBT Now to discuss the latest financial trends impacting the retail automotive sector in 2024.

How the car market is adjusting to interest rates and inflation — JT Taylor | Truist Securities

- February 22, 2024
In 2023, the U.S. faced increased interest rates and rapid inflation, both of which placed heavy pressure on car buyers and retailers alike. On this episode of CBT Now, host...
The UAW has confirmed it has reached a tentative agreement with Ford at the company's Kentucky Truck Plant, narrowly avoiding a strike.

UAW strike on hold after Ford reaches tentative agreement with union

- February 21, 2024
Ford has reached a tentative agreement with United Auto Workers (UAW) members at its Kentucky Truck Plant, narrowly avoiding the deadline to prevent another labor strike. Earlier this week, the UAW...


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