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 owners are now spending an average of $12,182 a year on their vehicles, according to data from the American Automobile Association.

Car owners spending record $12,000 a year on their new vehicles

- August 31, 2023
New car owners are now spending an average of $12,182 a year on their vehicles, according to data from the American Automobile Association (AAA). The costs of vehicle ownership have risen...
Articles Headlines
Electric vehicle brand Polestar continued to lose money in the second quarter but still expects to achieve its annual delivery target.

Electric vehicle brand Polestar reports Q2 loss, affirms delivery target

- August 31, 2023
Electric vehicle brand Polestar continued to lose money in the second quarter but still expects to achieve its annual delivery target thanks to a strengthening sales pace. The Volvo-owned EV maker...
Articles Headlines
Jay Baer joins Inside Automotive to discuss the relationship between customer service speed and brand loyalty in the dealership.

The role of speed in customer service and car buyer loyalty — Jay Baer

- August 31, 2023
Customer service speed can make or break a dealership's brand loyalty and long-term growth. On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Jay Baer, speaker, business...
Featured Sales & Marketing
Rivian has announced the maximum driving range for the new dual motor configuration of the R1T electric pickup.

Rivian unveils range for R1T electric pickup with dual Enduro motors

- August 30, 2023
Rivian has announced the maximum driving range for the new dual motor configuration of the R1T electric pickup after launching the long-awaited Enduro drive unit. Apart from the electric pickup, the...
Articles Headlines
Illinois lawmakers have passed an amendment to the state's vehicle code allowing car dealers to sell and deliver vehicles online.

Illinois establishes digital retail guidelines for car dealers

- August 30, 2023
Illinois lawmakers have passed an amendment to the state's vehicle code allowing car dealers to sell and deliver vehicles online, after facing pressure from e-commerce platform Carvana. Although dealerships in the state...
Articles Headlines
Kevin Frye joins Inside Automotive to discuss the future of artificial intelligence along with potential use cases for car dealers.

The future of artificial intelligence in the dealership — Kevin Frye | Jeff Wyler Automotive Family

- August 30, 2023
The automotive industry is evolving once more as artificial intelligence transforms how car dealers and manufacturers conduct business and serve customers. One of the thought leaders at the forefront of...
Inside Automotive Daily Automotive News
A Texas Subaru dealership has made a large donation to support the annual wreath-laying ceremony at a local veterans cemetery.

Subaru dealership donates more than $16,000 to Wreaths for Vets

- August 29, 2023
A Texas Subaru dealership has made a large donation to support the annual wreath-laying ceremony at a local veterans cemetery. The funds, totaling $16,085, will go to the Wreaths for Vets nonprofit. Every...
Articles Headlines
Hyundai is looking to challenge Tesla's dominance in the electric vehicle charging front with an upgraded network of stations.

Hyundai looks to rival Tesla with 350 kW electric vehicle charging system

- August 29, 2023
Hyundai is looking to challenge Tesla's dominance in the electric vehicle charging front with new technological upgrades and a proprietary network of stations. Tesla is one of the only charging providers...
Articles Headlines
UAW intensifies contract demands, Lordstown settles IP case for $40M, Tesla enters data realm, and more in this week's auto news.

UAW union members vote to strike if negotiations with automakers fail

- August 28, 2023
United Auto Workers (UAW) union members have now voted in favor of a strike should negotiations with Detroit-Three car manufacturers fail to produce an acceptable contract by their September 14...
Articles Headlines
The used vehicle market remained strained by pent-up demand and supply shortages throughout the second quarter.

Used vehicle market sees older cars, price declines in Q2

- August 28, 2023
The used vehicle market remained strained by pent-up demand and supply shortages throughout the second quarter, according to research by Edmunds. Since the onset of the COVID pandemic, the preowned segment...
Articles Headlines

Latest Articles
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White House revises metals tariffs, Stellantis eyes Canada EVs with Leapmotor, NHTSA considers ban on faulty Chinese airbags

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa
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Ed Morse Automotive Group acquires Porsche Des Moines in Iowa

GM to invest more than $150 million in Saginaw Metal Casting Plant
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White House revises metals tariffs, shifts calculation method
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Stellantis explores EV production in Canada with China’s Leapmotor
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NHTSA weighs U.S. ban on defective Chinese airbag components
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NHTSA weighs U.S. ban on defective Chinese airbag components

Toyota bets on EV rebound with seven-model U.S. lineup
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Affordability takes center stage at the 2026 NY Auto Show
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Affordability takes center stage at the 2026 NY Auto Show

Legal battles reshape car sales
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Legal battles reshape car sales

California’s War on Classic Cars Just Hit a Wall—Thanks to Jay Leno
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California’s war on classic cars just hit a wall– Thanks to Jay Leno


CBT News
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