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

Car dealers are eagerly adopting new artificial intelligence tools, according to research by software provider CDK Global.

Car dealers share positive experiences with artificial intelligence in CDK study

- July 28, 2023
Car dealers are eagerly adopting new artificial intelligence tools, according to research by software provider CDK Global. An overwhelming majority of car dealers now feel that artificial intelligence has helped their...
The American economy grew faster than expected in the second quarter, leading the Federal Reserve to raise interest rates once more.

Economy outpaces Q2 forecasts, Fed hikes interest rates

- July 27, 2023
The American economy grew faster than expected in the second quarter, leading the Federal Reserve to raise interest rates once more in an effort to slow inflation. Although analysts no longer...
Kane McCord joins Inside Automotive to discuss the title and registration process and the complexities of inter-state sales.

Streamlining title and registration for out-of-state sales — Kane McCord | Automotive Titling Company

- July 27, 2023
Finalizing a vehicle's title and registration has been streamlined as technology revolutionizes the industry. But with software from leading vendors, dealers today are able to conduct more of that process...
A new electric vehicle credit transfer process has resulted in the distribution of $135 million to car dealers since the start of the year.

7 automakers partner on electric vehicle charging in U.S.

- July 27, 2023
Seven automakers are partnering to build thousands of universal electric vehicle chargers in an attempt to boost sales in the U.S. The new joint venture involves Stellantis, BMW, Mercedes-Benz, Honda, Hyundai,...
Stellantis reported record-breaking earnings for the first half of 2023 thanks to rising demand, higher prices and stabilizing supply chains.

Stellantis posts record profit in first half of 2023, margins stall in U.S.

- July 26, 2023
Stellantis reported record-breaking earnings for the first half of 2023, attributing the success to rising demand and stabilizing supply chains. Over the first six months of 2023, the automaker saw revenue...
Car buyers are warming up to electric vehicles but continue to cite affordability as a key obstacle to making the switch from gas.

Electric vehicle affordability blocking lower-income buyers from market

- July 26, 2023
Car buyers are warming up to the electric vehicle segment but continue to cite affordability as a key obstacle to making the switch from gas. Low-income shoppers are especially likely to object to...
J.D. Power has announced a new partnership with data analytics firm Palantir Technologies to create new artificial intelligence solutions.

J.D. Power, Palantir to partner on artificial intelligence tools for dealers, OEMs

- July 25, 2023
J.D. Power has announced a new partnership with data analytics firm Palantir Technologies to create artificial intelligence solutions for the car business. In a press release, the two companies stated that...
General Motors saw a complicated second quarter during which its profits rose significantly but with tighter margins than the year before.

General Motors raises yearly guidance, but felt profit pressures in Q2

- July 25, 2023
General Motors saw a complicated second quarter during which its profits rose significantly but with tighter margins than the year before. According to its quarterly earnings report, General Motors witnessed its...
Gail Rubinstein joins Inside Automotive to discuss social media strategies and artificial intelligence tools for the dealership.

Enhancing your dealership’s social media strategy with AI — Gail Rubinstein | Retail Resilient

- July 25, 2023
Social media and artificial intelligence have completely transformed the way dealers connect and interact with customers. On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Gail Rubinstein,...
Mike Hoyser from Phone Ninjas joins Inside Automotive to discuss how dealerships are handling an increase in phone call volume.

How to take back control of your dealership’s call center — Mike Hoyser | Phone Ninjas

- July 25, 2023
As new car inventory across the country expands, so too has the number of calls placed to dealerships. The increase in volume has made it challenging for employees to keep...


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