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.

Lucid has confirmed it is on track to meet its annual production target of 10,000 electric vehicles, despite missing revenue guidance for Q2.

Lucid reaffirms production target despite underwhelming earnings

- August 8, 2023
Lucid has confirmed it is on track to meet its annual production target of 10,000 electric vehicles, despite scoring lower-than-expected revenue in the second quarter. In its earnings report, the electric...
Articles Headlines
General Motors plans to offer bidirectional charging technology on a wider list of upcoming electric vehicles than previously expected.

General Motors expands V2H-capable electric vehicle lineup

- August 8, 2023
General Motors plans to offer bidirectional charging technology, also known as vehicle-to-home (V2H) charging, on a wider list of upcoming electric vehicles than previously expected, expanding access to a new, helpful...
Articles Headlines
Scott Gruwell of Courtesy Automotive Group joins Inside Automotive to discuss what car dealers can expect to see for the remainder of 2023.

The halfway point: where car dealers see themselves in the next 6 months — Scott Gruwell | Courtesy Automotive Group

- August 8, 2023
For the better part of seven decades, the Courtesy Automotive Group, one of the top car dealers in the U.S., has been known for its innovative solutions and a strong...
Inside Automotive Management & Leadership
Zach Kirkhorn, chief financial officer of Tesla and long-time Elon Musk ally, has resigned from his position at the electric vehicle brand.

Tesla CFO steps down amidst falling margins and electric vehicle price war

- August 7, 2023
Zach Kirkhorn, chief financial officer of Tesla and long-time Elon Musk ally, has formally resigned from his position, ending a 13-year tenure at the electric vehicle brand. In a Linkedin post...
Articles Headlines
Used vehicle sales increased in July as prices and inventory normalized from 2022's tumultuous market conditions.

Used vehicle sales rise in July as prices and inventory decline

- August 7, 2023
Used vehicle sales increased in July as customers prioritized affordable car prices and inventory normalized from 2022's tumultuous market conditions. According to Cox Automotive data, purchases from retailers rose 6% from...
Articles Headlines
The United Auto Workers (UAW) union is set to demand the largest pay increase on record as it continues negotiations with car manufacturers.

UAW to demand 46% pay increase, Big Three car manufacturers respond

- August 4, 2023
The United Auto Workers (UAW) union is set to demand the largest pay increase on record as it continues contract negotiations with car manufacturers Stellantis, Ford and General Motors. The raise,...
Articles Headlines
Fisker has reduced its annual production guidance for 2023 following a complicated second quarter for the electric vehicle brand.

Fisker scores positive margin on electric vehicles but lowers production goal

- August 4, 2023
Fisker has reduced its annual production guidance for 2023 following a complicated second quarter for the electric vehicle brand. The car manufacturer earned only $825,000 in revenue for the period, posting...
Articles Headlines
Hyundai broke its sales record for the IONIQ 5 over the course of July, solidifying the automaker's place in the electric vehicle market.

Hyundai breaks monthly electric vehicle sales record with IONIQ 5

- August 3, 2023
Hyundai broke its monthly sales record for the IONIQ 5 over the course of July, solidifying the automaker's small but steadily growing presence in the electric vehicle segment. Sales of the...
Articles Headlines
Subaru has released a new advertisement celebrating nature and promoting its partnership with the National Park Foundation.

New Subaru ad promotes Black and Deaf inclusivity, targets nature-lovers

- August 3, 2023
Subaru has released a new advertisement celebrating nature and promoting its partnership with the National Park Foundation. The emotional, minute-long video, titled "A Beautiful Silence," features a father and son driving...
Articles Headlines
Kristin Kolodge joins CBT Now to discuss J.D. Power's customer satisfaction study, and why new vehicle scores decreased in 2023.

Declining customer satisfaction and what dealers should do — Kristin Kolodge | J.D. Power

- August 3, 2023
Overall satisfaction with new vehicles is declining, according to the recently released U.S. Automotive Performance, Execution and Layout (APEAL) study released by J. D. Power. On this episode of CBT...
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