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

Tesla saw its market valuation drop 12% in the first days of 2024 as clouding sentiments on the electric vehicle market worry investors.

Tesla market valuation sheds $94 billion in first weeks of 2024

- January 15, 2024
Tesla saw its market valuation shed $94 billion over the first two weeks of 2024, marking one of the sharpest share price drops in the electric vehicle company's history. The number...
Adam Robinson joins Inside Automotive to discuss how the dealership talent acquisition game is changing in 2024.

Why you should revisit your talent acquisition process in 2024 — Adam Robinson | Hireology

- January 15, 2024
Dealership methods of talent acquisition and retention have become increasingly outdated, not only in how retailers identify candidates but also in how they keep high-quality employees from quitting. With the...
Tesla manufacturing employees are set to receive a "market adjustment" raise as the UAW doubles down on its efforts to unionize the company.

Tesla boosts pay after UAW ramps up unionization efforts

- January 12, 2024
Tesla will boost worker pay across the U.S. in an effort to keep wages competitive with market norms, several months after the United Auto Workers (UAW) union won considerable raises...
The UAW says 30% of Mercedes-Benz manufacturing employees at an Alabama plant have committed to unionization.

UAW hits second unionization milestone at Mercedes-Benz plant

- January 12, 2024
The United Auto Workers (UAW) union says it has obtained union authorization cards from over 30% of Mercedes-Benz's Alabama manufacturing employees, marking another milestone in the group's efforts to organize...
Adam Arens joins Inside Automotive to share his perspectives on the 2023 auto market and his dealership strategy recommendations for 2024.

Strategies to prepare your dealership for 2024 — Adam Arens | Patriot Automotive Group

- January 12, 2024
Things have changed in the dealership over the last four years. Keeping up with these shifts is crucial, not only to determine how far the retail automotive sector has come...
Car manufacturing executives displayed cautious optimism toward the 2024 automotive market following a complicated year.

Car manufacturers share cautious expectations on 2024 automotive market

- January 11, 2024
Sentiments toward the automotive market shifted among dealers, manufacturers, and other industry insiders in accounting and professional services conglomerate KPMG's latest Global Automotive Executive Survey. While current perspectives on the automotive...
New car prices continued to fall in December as auto market conditions shift to favor buyers over sellers.

New car prices dip in December as buyer’s market returns

- January 11, 2024
New car prices continued to fall in December as the automotive market remains on track to hit pre-pandemic norms in the near future. According to Cox Automotive, new vehicle transaction prices...

What to expect from the 2024 dealership buy-sell market — Erin Kerrigan | Kerrigan Advisors

- January 11, 2024
As the retail automotive sector has adjusted to new technologies, government policies, and consumer preferences, so too has the dealership buy-sell market. Although the pace of mergers and acquisitions activity...
Brooke Furniss joins CBT Now to discuss the key dealership marketing headwinds impacting retailers in 2024.

Dealership marketing headwinds and the solutions to beat them — Brooke Furniss | BZ Consultants Group

- January 11, 2024
Dealership marketing strategies must be frequently tuned to maintain their effectiveness, lest consumer preferences and technological advances make them obsolete. As the retail automotive community enters into a new year...
Tesla has slashed driving range estimates across its lineup shortly after the arrival of new rules aimed at improving transparency.

Tesla cuts driving range estimates as regulators revise testing rules

- January 10, 2024
Tesla has slashed driving range estimates across its model lineup in response to new regulations aiming to improve transparency in the electric vehicle sector. The EV maker has previously faced criticism...


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