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

Devin Daly joins Driving Solutions to discuss solutions that refine artificial intelligence technology for use in the dealership.

Rethinking artificial intelligence for the retail automotive industry — Devin Daly | Impel

- January 30, 2024
Artificial intelligence (AI) presents exciting opportunities for growth and improved efficiency, especially in the retail automotive sector, where the ability to rapidly process data has become key. Unfortunately, the technology...
New car sales are forecast to rise from last January but fall from December as the industry observes a typical drop in demand.

New car sales projected to rise in January despite seasonal slowdown

- January 29, 2024
This month's new car sales are set to rise from last January but decline from December, according to a preliminary forecast from Cox Automotive. In early 2023, the auto market was...
Toyota chairman Akio Toyoda expects EV market share to reach a total of 30% "no matter how much progress BEVs make." Engine

Toyota chairman Akio Toyoda predicts maximum EV share of 30%

- January 29, 2024
Toyota chairman and former company CEO Akio Toyoda expects the electric vehicle segment to reach a maximum market share of just 30%, regardless of what the automotive industry does to...
Brian Kramer and David Simches join Driving Solutions to discuss how technology is making the used vehicle appraisal process more accurate.

How technology is refining the used vehicle appraisal process

- January 29, 2024
The used vehicle landscape has undergone extreme fluctuations over the last few years, making it difficult for both dealers and customers to navigate the market. However, while some have struggled...
Mike Wethington joins Driving Solutions to discuss the link between data, artificial intelligence, and digital marketing efficiency.

Why data is key to digital marketing efficiency — Mike Wethington | Outsell

- January 29, 2024
Digital marketing strategies have become a crucial component of running a successful dealership, often meaning the difference between success and failure in today's technologically advanced world. Unfortunately, the retail automotive...
Lincoln plans to shutter up to 100 dealerships in 2024 after closing a comparable in 2023 as part of its efforts to prioritize key markets.

Lincoln looks to buyout 100 dealerships in 2024

- January 26, 2024
Luxury car manufacturer Lincoln plans to close up to 100 dealerships in 2024 in a continuation of its efforts to extract itself from unsuccessful markets. The Ford-owned brand said it closed...
Tesla is recalling nearly 200,000 vehicles to repair a glitch that could cause drivers to lose visibility when backing up.

Tesla recalls 2023 Model X, S, Y over rearview camera software error

- January 26, 2024
Tesla is set to recall roughly 200,000 vehicles in the U.S. to patch out a software error that could limit driver visibility. According to the National Highway Traffic Safety Administration (NHTSA),...
Greg Uland joins Driving Solutions to discuss the challenges facing car dealers in 2024 and the innovations helping them find success.

Simplifying the management process for car dealers — Greg Uland | Reynolds and Reynolds

- January 26, 2024
Car dealers are faced with a multitude of unenviable challenges in 2024, ranging from uncertainty over profit margins to decreasing loyalty among consumers. More than ever, they need simple solutions...
Rusty West joins Driving Solutions to discuss how dealers can prepare their businesses for the upcoming CARS rule.

What dealers must know about the CARS rule — Rusty West | Market Scan

- January 26, 2024
The Federal Trade Commission's (FTC) Combatting Auto Retail Scams policy, better known as the CARS rule, aims to make the car buying process more transparent. However, many dealers say the...
Tesla generated $7.9 billion in net income in the final months of 2023, clouding profitability expectations for the coming months.

Tesla Q4 earnings plunge 40% despite revenue, sales gains

- January 25, 2024
Electric vehicle brand Tesla reported a steep decline in fourth-quarter profits against a 3.5% increase in revenue over the same period, missing analyst forecasts and raising questions for the new...


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