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

EV sales Experian

Experian data indicates strong EV performance in early 2023

- March 16, 2023
Credit reporting agency Experian recently published consumer data in the electric vehicle market, revealing hidden strengths in the small but thriving segment. According to Experian's January report, Tesla gained a strong...
Oliver Zipse BMW CEO EBIT margin

BMW reveals higher EBIT margin, betting on premium and electric

- March 16, 2023
After revealing it had beat 2022 forecasts last Thursday, BMW has announced it is targeting a higher EBIT margin (earnings before interest and taxes) in 2023, fueled by its premium...
Frampton

How to make your dealership recession proof — Jason Frampton | Ken Garff Auto Group

- March 15, 2023
Ken Garff Automotive Group, ranked ninth on Automotive News’ list of the top 150 dealership groups, continues to invest and grow their operations. On this episode of Inside Automotive, host...
CPO

CPO sales stronger than predicted in February — Cox Automotive

- March 15, 2023
According to Cox Automotive, Certified Preowned (CPO) sales are up year-over-year despite expectations of a decline. CPO sales climbed 1.9% to 205,946 units from January to February, which constituted a change...
Backseat

New study says most SUVs lack sufficient backseat protection

- March 15, 2023
A new study by the Insurance Institute for Highway Safety (IIHS) suggests that most SUVs lack suitable protection for backseat passengers. IIHS tested 13 SUVs to measure their backseat safety standards....
Alan Haig discusses M&A activity

To buy or not to buy: M&A activity in today’s car market — Alan Haig

- March 14, 2023
As the dust from the COVID pandemic settles on the automotive industry, M&A activity has become more energetic than ever. Dealers are now taking the next steps in their careers,...
2023 outlook

Porsche optimistic on 2023 outlook, expects near 20% return on sales

- March 14, 2023
Luxury German automaker Porsche has published its 2023 outlook, predicting it will earn nearly 20% back on sales. The optimistic forecast arrives just after Porsche revealed record-breaking earnings for 2022. Last...
wholesale used-vehicle prices

Wholesale used-vehicle prices jumped in February reports Cox Auto

- March 14, 2023
Last week, Cox Automotive reported a 4.3% increase in wholesale used-vehicle prices in February. According to the report, this is the largest monthly gain for February since 2009, although average values...
Ford and CATL

Senator Rubio ramps up efforts to block Ford and CATL partnership from tax credits

- March 13, 2023
A partnership between Ford and CATL is still under fire from Florida Senator Marco Rubio, who last week submitted legislation which would prevent the automaker from receiving tax credits under...
Nissan Ariya

Nissan Ariya production delayed due to issues at Japan factory

- March 13, 2023
Nissan is attempting to resolve issues at one of its factories which have caused production delays for its new Ariya electric crossover. Despite launching in 2022, only 201 Ariya EVs were...


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