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

Colin Carrasquillo, digital marketing director at Nielsen Automotive Group, joins CBT News to discuss his newly acquired 40 Under 40 award.

40 Under 40 Honoree: Colin Carrasquillo | Nielsen Automotive Group

- December 14, 2023
Colin Carrasquillo, digital marketing director at Nielsen Automotive Group and frequent CBT News contributor, was first introduced to the car business after landing one of his first post-college jobs with...
Average new car prices declined in November to 98.3% of MSRP as incentives and discounts rose sharply from last year.

New car prices drop in November as incentives rise, Tesla hit hardest

- December 13, 2023
New car prices trended lower in November as the economy continued its post-pandemic balancing act, benefiting consumers but challenging dealer and automaker earnings. According to data from Cox Automotive's Kelley Blue...
The FTC has voted to pass the CARS rule, banning questionable fees and tactics in car sales but earning a harsh response from the NADA.

FTC and NADA clash over no-junk-fees CARS policy

- December 13, 2023
The Federal Trade Commission (FTC) has voted to implement a new rule banning anti-consumer tactics and unwarranted fees in car sales, prompting a swift and critical response from the National...
Asbury completes $1.2 billion acquisition of Jim Koons dealership group.

Asbury completes $1.2 billion acquisition of Jim Koons dealership group

- December 12, 2023
Asbury Automotive Group has now fully acquired Jim Koons Automotive Companies, one of the largest privately-owned dealership groups in the U.S., for $1.2 billion. The sale brings 20 dealerships representing 29...
Ford plans to cut F-150 Lightning production in half as the industry faces normalizing ICE sales and unexpectedly low EV demand.

Ford cuts F-150 Lightning production on slowing EV demand

- December 12, 2023
Ford plans to cut production of the F-150 Lightning electric pickup in response to lower-than-anticipated EV demand in the U.S. The Detroit automaker said it would reduce its annual production target...
David Blount, 40 Under 40 recipient and brand specialist at Mills Automotive Group, joins CBT News to discuss his retail automotive career.

40 Under 40 Honoree: David Blount | Mills Automotive Group

- December 12, 2023
David Blount, brand specialist at Mills Automotive Group, found his calling in the car business later in life than others, leaving the maritime industry at 32 years of age to...
Auto loan access declined in November disrupting months of recovery, as lenders, consumers and dealers grappled with economic challenges.

Auto loan access hits speed bump in November after months of recovery

- December 11, 2023
Auto loan access declined in November after multiple months of improving conditions, according to Cox Automotive's Dealertrack Auto Credit Availability Index. After hitting a peak in the summer of 2022, auto...
Ohio has become the first state to use funds awarded by the Biden Administration to build an electric vehicle charging station.

Ohio first state to open electric vehicle charging station with federal funds

- December 11, 2023
The first of the Biden Administration's government-funded electric vehicle charging stations has officially opened in Ohio following a two-year wait. The EV charging station opened last Friday, December 8, off I-70...
Karl Brauer joins Inside Automotive to share his insights into the 2023 electric vehicle market and where the segment is headed.

Why the electric vehicle market is taking forever to grow — Karl Brauer | iSeeCars.com

- December 11, 2023
The electric vehicle market has faced a tough year in 2023, with the initial excitement among automakers, consumers and dealers giving way to frustration and disappointment. What are the factors...
The United Auto Workers union says that 30% of employees at Volkswagen's only U.S. plant have joined its efforts to unionize the car industry.

United Auto Workers scores initial victory at non-union Volkswagen plant

- December 8, 2023
The United Auto Workers union says 30% of Volkswagen employees at the company's Tennessee plant have joined the nationwide effort to organize labor across the automotive industry. It took only a...


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