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

Aaron Bickart joins Driving Solutions to discuss the crucial role leasing will play in boosting dealership revenues in the months to come.

Q4 strategies to boost dealership profits — Aaron Bickart | OfferLogix

- October 11, 2023
Vehicle inventories have grown over the last year as supply chains around the world have improved but at the expense of dealership profits. After all, the more vehicles there are...
A new partnership aims to use artificial intelligence technology in the development of semiconductors for the automotive industry.

New partnership to build AI-powered semiconductors for automotive sector

- October 10, 2023
South Korean tech startup BOS Semiconductors has formed a partnership with U.S. artificial intelligence hardware company Tenstorrent to develop semiconductors for use in vehicles and vehicle manufacturing. The partnership will give...
BMW broke its previous electric vehicle sales record in the U.S. as overall sales rose 8% year-over-year during the third quarter.

BMW breaks quarterly electric vehicles sales record

- October 10, 2023
BMW broke its previous electric vehicle sales record in the U.S. as overall sales rose 8% year-over-year during the third quarter. From July through September, the German automaker recorded total sales...
Sean Gardner joins Inside Automotive to discuss the four phases every successful sales strategy should have.

The four phases of every good sales strategy — Sean Gardner | Joe Verde Group

- October 10, 2023
Despite drastic transformations in the way vehicles are sold, a car buyer's business is still won more often through sales strategy rather than competitive pricing. Dealers and their sales teams...
Courtney Roberts-Lawes joins Driving Solutions to discuss the importance of convenience in providing excellent car buying experiences.

Reducing friction between online and in-store car buying experiences — Courtney Roberts-Lawes | Gubagoo

- October 10, 2023
In the fast-paced world of automotive sales, dealers and their trusted business partners are constantly striving for ways to bridge gaps in the digital and in-store car buying experiences. Providing...
Used car prices held steady in September, allowing values to decline at a slower rate in Q3 than in Q2 of 2023.

Used car prices rise in September, balance out in Q3

- October 9, 2023
Used car prices held steady in the third quarter after dropping rapidly in the second, according to Cox Automotive's latest Manheim report. Rising values in September helped buoy used car prices...
Used-car retailer Shift Technologies announces plan to file for Chapter 11 bankruptcy following multiple years of losses.

Shift Technologies stops used-car sales, announces bankruptcy plan

- October 9, 2023
Online used-car dealer Shift Technologies is closing operations and filing for Chapter 11 bankruptcy, according to a company press release. Founded in 2014, California-based Shift Technologies sold preowned vehicles throughout the...
Aaron Baldwin joins Driving Solutions to discuss the crucial role technology will play in driving new car sales throughout the fourth quarter.

Make Q4 count: how dealers are using tech to boost new car sales — Aaron Baldwin | automotiveMastermind

- October 9, 2023
As the automotive industry enters the fourth quarter, dealers are forming new strategies to navigate the ever-evolving landscapes of new car sales, particularly in the electric vehicle segment. Despite the...
General Motors has agreed to include EV battery manufacturing in its latest contract offer to the United Auto Workers union.

United Auto Workers scores “transformative win” at GM, delays further strikes

- October 6, 2023
United Auto Workers president Shawn Fain took to social media on Friday afternoon to announce major updates in the union's negotiations with Detroit-Three automakers. Similar to his previous "stand up" livestream,...
Edmunds affordability Cox Automotive reports that new car supply rose to a two-year high by the start of October, despite the ongoing United Auto Workers strike.

New car supply holds steady at Detroit-Three, despite UAW strike

- October 6, 2023
New car supply improved in September, defying concerns that the ongoing United Auto Workers strike would constrain inventory before the fourth quarter. According to Cox Automotive, total new car supply rose...


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