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

Tesla CEO Elon Musk has rebranded Twitter as "X," replacing the platform's iconic blue branding with a new black-and-white theme.

Tesla CEO Musk swaps out Twitter bird with ‘X’ logo after ad revenue declines

- July 24, 2023
Tesla CEO Elon Musk has formally rebranded Twitter as "X," substituting the social media platform's iconic white-and-blue bird logo on Monday with a simple black-and-white design featuring the titular letter. The...
Jeep-maker Stellantis and South Korean tech manufacturer Samsung SDI have confirmed plans to build a new electric vehicle battery plant.

Stellantis and SDI agree to build second electric vehicle battery plant

- July 24, 2023
Jeep-maker Stellantis and South Korean tech manufacturer Samsung SDI have confirmed plans to build a new electric vehicle battery plant, slated to launch in 2027. The facility is the second project...
AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings and new car sales.

AutoNation beats forecast, maintains revenue in Q2 despite sluggish sales

- July 21, 2023
AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings from after-sales services and increasing demand for new vehicles. Analysts had expected AutoNation to announce...
Lena Bourgeois joins Inside Automotive to discuss how dealers often underestimate female car shoppers and why that needs to change.

Female car buyers: Why dealers shouldn’t underestimate women — Lena Bourgeois | Equifax

- July 21, 2023
Women make up one of the largest car buyer demographics in the U.S., but many dealers are still relying on outdated practices or old-school perspectives that deter female shoppers, both...
Bill Feinstein

How Honda is making progress on inventory, EVs and affordability — Bill Feinstein

- July 21, 2023
 On this episode of Inside Automotive, CBT News anchor Jim Fitzpatrick is joined by Bill Feinstein, President of Planet Honda in New Hampshire, General Manager of Planet Honda in New...
Car owner satisfaction declined for the second year in a row in 2023, according to the J.D. Power APEAL study.

Car owner satisfaction declines for second year in J.D. Power study

- July 21, 2023
Car owner satisfaction declined for the second year in a row, according to the J.D. Power Automotive Performance, Execution and Layout (APEAL) Study. It is the first time in nearly three...
President Biden met privately with Shawn Fain, leader of the UAW, as the automotive industry prepares for the possibility of a labor strike.

UAW chief Fain meets privately with President Biden amidst contract fight

- July 20, 2023
President Biden met privately with Shawn Fain, leader of the United Auto Workers (UAW) union, on July 19 as the automotive industry prepares for the possibility of a labor strike. Biden...
Tesla once again beat earnings forecasts in Q2 but struggled to sustain profitability on its increasingly discounted electric vehicle lineup.

Tesla sees stagnating profits in Q2 even as electric vehicle revenues rise

- July 20, 2023
Tesla once again beat earnings forecasts in the second quarter but struggled to sustain profitability on its increasingly discounted electric vehicle lineup. The electric vehicle brand reported $24.93 billion in revenue...
Ujj Nath joins Inside Automotive to discuss how platforms like myKaarma can boost BDC performance and improve fixed ops profitability.

Enhancing fixed ops performance with BDC software — Ujj Nath | myKaarma

- July 19, 2023
It is important to partner with the right vendors, especially when it comes to entrusting your dealership's fixed operations to a business development company or BDC. On this episode of...
A lawsuit opposing a new Georgia factory proposed by Rivian has hit a roadblock after the state supreme court refused to hear an appeal.

Rivian to receive massive tax breaks in Georgia after appeal attempt fails

- July 18, 2023
A lawsuit opposing tax incentives for a new Georgia factory proposed by Rivian hit a roadblock on July 14 when the state supreme court refused to hear an appeal in...


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