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

CBT News Staff Writer

For over 12 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

New car sales rose in December over the previous year, allowing the 2023 total sales volume to rise 11.6% from 2022.

New car sales improve in December, full-year volume hits 15.5 million

- January 3, 2024
New car sales will improve on a monthly and yearly basis, according to Cox Automotive, following a late-season demand surge in December. Based on the sales pace, Cox Automotive believes 1.36...
Articles Sales & Marketing
VinFast has signed agreements with five dealers across the U.S., marking the launch of its third-party retailer network.

VinFast follows through on franchise plans, partners with five U.S. dealers

- January 2, 2024
Vietnam-based electric vehicle manufacturer VinFast has formally entered partnerships with several U.S. dealers, marking a break from the fledgling company's initial direct-sales model. After signaling an interest in building a U.S....
Articles Headlines
New electric vehicle sourcing requirements, announced in December, are now in effect, leaving many models without tax credits in 2024.

EV tax credit rules in effect, more than 20 models lose eligibility

- January 2, 2024
New domestic sourcing requirements for electric vehicle batteries are now in effect following their reveal by the Treasury Department in the fourth quarter of 2023, leaving many formerly qualified electrified...
Articles Headlines
BYD surpassed Tesla's quarterly electric vehicle sales total for the first time, marking a new phase in the two companies' competition.

BYD beats Tesla EV sales in Q4 for first time, but remains underdog

- January 2, 2024
Chinese electric vehicle maker BYD surpassed Tesla in both production and sales for the second consecutive year in 2023, as the two companies compete for market share in China's rapidly...
Articles Headlines
Jonathan Smoke joins Inside Automotive to review the 2023 automotive landscape and share his expectations for the 2024 car market.

The 2024 automotive landscape: 5 trends all dealers should watch — Jonathan Smoke | Cox Automotive

- January 2, 2024
With 2023 in the rearview mirror, it is time for car dealers to review the automotive landscape so they can enter the New Year with confidence in their strategies and...
Featured Daily Automotive News
Eric Schlesinger of ActivEngage joins Kain & Co. to discuss the evolution of dealership technology and how it affects the car buying process.

Crafting effective marketing campaigns for modern dealerships — Dave Spannhake

- December 29, 2023
 Dealers know they need effective marketing campaigns to grow their businesses. But with a rapidly evolving arsenal of tools at their personal and a consumer base with never-before-seen access to...
Featured
Prioritizing customer e­motions is vital for building trust, fostering healthy relationships and driving results in automotive sale­s

The role of empathy in automotive sales: Understanding customer needs for effective selling

- December 29, 2023
In the automotive­ sales landscape, empathy holds significant importance­. It involves grasping and relating to others' e­motions and perspectives. In this industry, e­mpathizing means stepping into the custome­r's shoes, seeing...
Articles Sales & Marketing
On the latest episode of Auto Marketing Now, Brian Pasch tackles the primary issues dealers face selling electric vehicles to anxious clients 

The importance of proper “hygiene” when using customer data platforms — Brian Pasch

- December 27, 2023
Customer data platforms (CDP) have quickly become an important part of automotive retailing, with the number of storefronts using this crucial technology growing on a daily basis. However, many dealers...
Featured
Tesla is now facing inquiries in Sweden and Norway over suspension failures just days after an eyebrow-raising Reuters investigative report.

Tesla faces regulator investigations over suspension failures in Norway, Sweden

- December 22, 2023
Tesla is facing a new investigation from auto regulators in Sweden and Norway, following a Reuters report alleging that the automaker covered up defects and charged customers for repairs that...
Articles Headlines
Jim Ziegler joins Inside Automotive to discuss Hyundai's new partnership with Amazon and what it means for the retail automotive sector.

What does the Amazon-Hyundai partnership mean for dealers? — Jim Ziegler | Ziegler Super Systems

- December 22, 2023
In November, Hyundai announced it would partner with Amazon to sell new vehicles online, opening a proverbial Pandora's box for the retail automotive sector. Dealers are anxiously awaiting additional details...
Inside Automotive


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