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

Used vehicle values dropped in March compared to last year but remained mostly stable from February, despite an increase in sales.

Used vehicle prices dip again in March amidst sales surge

- April 8, 2024
Used vehicle prices at auction were stable month-over-month in March but declined sharply from last year, following months of normalizing inventory levels in both the new and pre-owned markets. Cox Automotive...
Jonathan Dawson shares his insights into the core principles that help entrepreneurs drive business success in a challenging environment.

Simple strategies to lead your dealership employees through change

- April 8, 2024
Adapting to change is a considerable task, one that often leaves dealership leaders at a loss. However, by focusing on the right things, even the most difficult headwinds can be...
Gabe Robleto of Kerrigan Advisors joins CBT News to discuss the latest trends in the 2024 dealership mergers and acquisitions market.

NY Auto Forum 2024: Gabe Robleto | Senior Vice President at Kerrigan Advisors

- April 5, 2024
At this year's New York Auto Forum, CBT News anchor Jim Fitzpatrick met with Gabe Robleto, Senior Vice President at Kerrigan Advisors, to discuss the latest trends in the dealership...
Stellantis CEO wants electric vehicle batteries to lose half their weight, citing the environmental impacts of current-gen technology.

Stellantis CEO calls for lighter electric vehicles amidst hybrid surge

- April 5, 2024
Stellantis CEO Carlos Tavares is calling for lighter electric vehicles as the industry grapples with massive materials costs in current-generation battery technology. Speaking at the automaker's Freedom of Mobility Forum earlier...
Ford is bringing back stair-step incentives to move 2023 F-150 pickup inventory after the vehicle's sales dropped 10% in the first quarter.

Ford brings back controversial stair-step incentives to drive F-150 sales

- April 5, 2024
Ford is reintroducing "stair-step incentives," a controversial practice that pays dealers bonuses for surpassing sales targets on certain models, to bolster sales of 2023 F-150 pickups. In its quarterly sales report,...
Eric Schlesinger of ActivEngage joins Kain & Co. to discuss the evolution of dealership technology and how it affects the car buying process.

Diversifying your dealership technology tool kit – Eric Schlesinger | ActivEngage

- April 5, 2024
On the latest episode of Kain & Co., host David Kain sits down with Eric Schlesinger, chief revenue officer at ActivEngage, to discuss how dealership technology is changing the face of...
BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.

Automotive weekly roundup: BYD sales plummet, Tesla disappoints, Ford wins on hybrids

- April 5, 2024
Earlier this week: China's BYD saw sales plunge from the previous quarter amidst an economic downturn. Tesla reported disappointing sales for the first quarter, marking the first year-over-year decline since 2020....
Anthony Brownlee of AIADA joins CBT News at the 2024 New York Automotive Forum.

NY Auto Forum 2024: Anthony Brownlee | Chairman of AIADA

- April 4, 2024
At this year's New York Auto Forum, CBT News anchor Jim Fitzpatrick joined Anthony Brownlee, chairman of the American International Automobile Dealers Association (AIADA) and owner of Brownlee Automotive, to...
Fisker has withdrawn its earnings forecast for the year shortly after reports circulated of a wave of Ocean SUV cancellations.

Fisker withdraws earnings forecast for 2024 as financial woes mount

- April 4, 2024
Fisker has withdrawn its 2024 financial forecast as it faces a regulator probe over its Ocean SUV, the latest in a series of troubles for the struggling electric vehicle brand. On...
Stellantis sales declined once more during the first quarter as it cedes market share to Detroit counterparts Ford and General Motors.

Stellantis U.S. sales drop again in Q1 after weak 2023

- April 4, 2024
Stellantis' U.S. sales continued to decline in the first quarter, causing it to bleed market share while other automakers reported strong year-over-year gains. The European car brand posted its quarterly numbers...


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