TSLA352.820-7.77%
GM73.4300.89%
F11.6100.01%
RIVN15.290-0.11%
CYD39.7800.37%
HMC23.840-0.31%
TM204.420-2.59%
CVNA316.6402.73%
PAG148.710-0.63%
LAD257.5705.75%
AN196.820-0.86001%
GPI327.000-2.45%
ABG195.4000.64%
SAH63.310-1.56%
TSLA352.820-7.77%
GM73.4300.89%
F11.6100.01%
RIVN15.290-0.11%
CYD39.7800.37%
HMC23.840-0.31%
TM204.420-2.59%
CVNA316.6402.73%
PAG148.710-0.63%
LAD257.5705.75%
AN196.820-0.86001%
GPI327.000-2.45%
ABG195.4000.64%
SAH63.310-1.56%
TSLA352.820-7.77%
GM73.4300.89%
F11.6100.01%
RIVN15.290-0.11%
CYD39.7800.37%
HMC23.840-0.31%
TM204.420-2.59%
CVNA316.6402.73%
PAG148.710-0.63%
LAD257.5705.75%
AN196.820-0.86001%
GPI327.000-2.45%
ABG195.4000.64%
SAH63.310-1.56%


About: CBT News Staff Writer

The NHTSA is investigating Tesla's Autopilot recall to determine whether the automaker's remedies left key safety issues unaddressed.

NHTSA to investigate Tesla Autopilot recall over persistent safety issues

- April 26, 2024
The National Highway Traffic Safety Administration (NHTSA) is re-investigating Tesla's Autopilot driver-assistance system over concerns that a previous recall did not address key safety concerns. The agency previously conducted a probe over the course...
Toyota beat last year's volume by 7.3%, marking the first time in the company's history that global sales have exceeded 10 million units.

Toyota breaks annual sales record but hits roadblocks in March

- April 25, 2024
Toyota broke its all-time annual sales record during the fiscal year ended in March, sailing past previous records thanks to pent-up demand and a rapidly recovered supply chain. The Japanese automaker reported...
Ford saw Q1 revenue improve but struggled to maintain profitability as its ICE and electric divisions dragged down earnings.

Ford posts “solid” Q1 earnings despite weakening profits

- April 25, 2024
Ford posted stable earnings late Wednesday after sales rose 7% over the first quarter but struggled to maintain profitability as moderate price cuts and electric vehicle production expenses took their...
New vehicle demand remains on track to make 2024 the best sales year since the COVID-19 pandemic, despite a small speed bump in April.

New vehicle sales set to fall in April but maintain healthy pace

- April 25, 2024
New vehicle sales are set to decline in April after a strong first quarter but will maintain a healthy pace thanks to better affordability, more inventory, and stable demand. Cox Automotive...
Dave Spencer and Jason Wilson join this episode of the Power Lunch to discuss an efficient approach to vehicle registration: e-titling.

How e-titling is changing the future of dealership F&I

- April 25, 2024
E-titling is a revolutionary new system that gives dealers control over the registration process while improving both data security and cost efficiency.  On this episode of the Power Lunch, host Jim Fitzpatrick...
The UAW is confident in its ability to score another victory at Mercedes-Benz, despite concerns that union support may be lacking.

UAW sets sights on Mercedes-Benz after Volkswagen victory

- April 24, 2024
Fueled by its success at Volkswagen, the United Auto Workers (UAW) union is turning its attention to Mercedes-Benz and other non-unionized automakers as it continues its post-strike campaign to expand...
Tesla reported $1.13 billion in net income for the January-through-March period as the effect of slow sales and price cuts cut into profits.

Tesla profits plummet in Q1, company accelerates new product development

- April 24, 2024
Tesla reported steep declines in first-quarter revenue and profit but rallied shareholders over promises of new products. The electric vehicle manufacturer reported revenue of $21.3 billion, down 9% from the first quarter...
Kevin Tynan joins Inside Automotive to share his insights into the key automotive industry trends impacting dealers in Q2.

Top automotive industry trends to track in Q2 — Kevin Tynan | Bloomberg Intelligence

- April 24, 2024
The automotive industry has already seen significant change in the short time since the start of the year, making it more important than ever for dealers to understand the trends affecting their...
The International Energy Agency expects electric vehicle sales to rise sharply in 2024 with growth driven primarily by China.

Electric vehicle sales set to surge in 2024 despite affordability challenges

- April 23, 2024
Electric vehicle sales are projected to rise sharply in 2024 despite persistent challenges in some markets, according to the International Energy Agency (IEA). The group forecasts that worldwide sales of battery-powered cars will...
General Motors posted strong first quarter earnings this week, offsetting declines in sales with better pricing.

General Motors profits rise in Q1, 2024 earnings forecast revised

- April 23, 2024
General Motors beat analyst estimates in its first quarter earnings report, scoring a significant profit boost despite seeing a decline in year-over-year sales. The Detroit automaker reported a net income of $3...


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