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

In Q3, Tesla struggled to maintain the momentum it had built in early summer, causing it to miss expectations on revenue and income.

Tesla earnings disappoint, raise questions for Q4

- October 19, 2023
Tesla struggled to build momentum in the third quarter, causing it to stumble on earnings and miss analyst forecasts. From July through September, the electric vehicle company generated $23.4 billion in...
Kyle Hollaway and Amber Daniel join Driving Solutions to discuss ethical data collection and the process of finding the right data provider.

How to identify the best data collection partner for your dealership

- October 19, 2023
Data collection is a challenging task for car dealers despite being a crucial component in modern automotive retail. Companies must be careful in how they record and use customer information,...
General Motors has postponed production of two new electric pickups to 2025 but denies the decision is related to the UAW strike.

General Motors delays electric pickups, postpones Investor Day

- October 18, 2023
General Motors has postponed production of its Chevrolet Silverado and GMC Sierra electric pickups until 2025, one year later than originally expected. The delay will force the automaker's Orion Assembly plant...
AutoNation dropped its bid to acquire the U.K.-based Pendragon, shortly after Lithia Motors' decision to raise its original offer.

AutoNation exits bidding war for UK’s Pendragon

- October 18, 2023
AutoNation on Tuesday rescinded its offer to purchase U.K.-based automotive retailer Pendragon, roughly three weeks after joining a bidding war composed of America's largest dealership groups. In late September, AutoNation submitted...
Gerrick Wilkins joins Inside Automotive to discuss his run for office and the importance of electing business owners to Congress.

Giving business owners a voice: why this M&A advisor is running for Congress — Gerrick Wilkins

- October 18, 2023
As business owners, dealers have the ability to make an immense impact on their communities through their professional connections, wealth, and large customer base. But what if the retail community...
Car buyers enjoyed a more affordable new vehicle market in September in spite of rising interest rates and economic headwinds.

Affordable car prices, wage growth negate rate hikes in September

- October 17, 2023
Car buyers enjoyed a more affordable new vehicle market in September in spite of rising interest rates and economic headwinds. According to Cox Automotive's monthly report, measures of affordability improved both...
An automotive lobby group has submitted a new challenge to the National Highway Traffic Safety Administration's new fuel-efficiency proposal.

Auto lobby group warns fuel-efficiency standards would raise car prices

- October 17, 2023
The Alliance for Automotive Innovation, a lobby group representing major U.S. automakers, including the Detroit-Three, has submitted a new challenge to the National Highway Traffic Safety Administration's recommended fuel-efficiency standards. If...
John McElroy joins Inside Automotive to share his perspective on the United Auto Workers strike and its impacts on the car industry.

Has the United Auto Workers strike gone too far? — John McElroy | Autoline

- October 17, 2023
The historical United Auto Workers strike continues to expand as more manufacturing employees are called on to join the picket line. With no sign of a resolution between automaker executives...
Ford and Stellantis laid off additional workers at facilities in several states as the United Auto Workers strike enters its fifth week.

Stellantis, Ford lay off 1,250 employees after United Auto Workers update

- October 16, 2023
Stellantis and Ford launched a new wave of layoffs at facilities in Indiana, Ohio, Illinois and Michigan as the United Auto Workers union enters its fifth week of strikes against...
Gabrielle Abinion was this year's recipient of the Ally Sees Her award from Ally Financial after becoming a dealer general manager at age 25.

Filipina dealership GM receives award from Ally Financial, NAMAD

- October 16, 2023
Ally Financial and the National Association of Minority Automobile Dealers (NAMAD) have recognized Filipina dealership general manager Gabrielle Abinion for her inspirational leadership and work ethic. Abinion received the "Ally Sees...


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