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.

U.S. EV factory

Toyota ramping up electrification efforts, considers U.S. EV factory

- February 23, 2023
Upcoming Toyota CEO Koji Sato is reportedly considering refitting one of its U.S. facilities to manufacture EVs, as he prepares to accelerate the automaker's electrification strategy. Despite an industry-wide push to...
Articles Headlines
net-profit

Stellantis posts $17.9 billion net profit, promises $14,760 employee payout

- February 23, 2023
Global automaker Stellantis revealed a record-breaking year for net profit, and nearly $15,000 per qualifying employee in profit-shares. The brand, a result of a 2021 merger between Fiat Chrysler and the...
Articles Headlines
Greenfield

Automotive tech innovations present new opportunities for M&A — Steve Greenfield

- February 22, 2023
Dealers want to be sure they are making the right investments for their business, which is why on this episode of CBT Now anchor Jim Fitzpatrick with frequent CBT News...
Daily Automotive News CBT Now
used EV prices

Used EV prices fell in January in response to $4,000 tax credit

- February 22, 2023
Used electric vehicle values continued to decline in January, as sellers lowered their prices to accommodate tax credit eligibility requirements set in the Biden Administration's Inflation Reduction Act. In comparison to...
Articles Headlines
downgraded

AutoNation stock downgraded by JPMorgan after sales take a hit in 2022

- February 22, 2023
JPMorgan Chase & Co. downgraded AutoNation's stock to "underweight" from "neutral" following a decrease in vehicle sales in 2022. The downgrade echoes the industry's mixed reactions over AutoNation's quarterly and full...
Articles Headlines
full self-driving beta

Tesla releases update details for Full Self-Driving beta after recall decision

- February 21, 2023
Tesla has released details for its upcoming Full Self-Driving beta update, which will expand the software's features and address some of the safety concerns revealed by the National Highway Traffic...
Articles Headlines
Lithia Motors CEO

Lithia Motors beats AutoNation to become top selling dealership group in 2022

- February 21, 2023
Lithia Motors revealed it had sold 271,596 new vehicles in 2022, beating the nation's longtime frontrunner AutoNation by 40,000 units. In Q4 alone, Lithia made 68,159 new vehicle sales, a 5.2%...
Articles Headlines

Used vehicle values, Lithia Motors success, Tesla’s FSD update

- February 21, 2023
Inside Automotive MSRP price changes: Why they could be a 'win-win' for dealers and OEMs — Kevin Tynan, Bloomberg Tesla recently cut prices on their lineup of cars leaving many industry analysts...
Daily Newscast
Vaughn perspectives

Facing diversity, sales and electrification challenges in the dealership — Lawrence Vaughn

- February 20, 2023
Dealers are anxious to know what challenges await the automotive industry in 2023, which is why they are paying close attention to experienced perspectives. Lawrence Vaughn is the Dealer Principal...
Management & Leadership Inside Automotive
car buying experience, Isabelle helms

Why are customers less satisfied with the car buying experience?

- February 20, 2023
Dealers have transformed the car buying experience with customers in mind, but many question the success of these changes. Recently, Cox Automotive published its 13th annual Car Buyer Journey Study,...
Featured Daily Automotive News


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Weekly roundup: Stellantis to add 10k jobs, GM leads in Q1 2026 sales, Federal judge partially allows lawsuit against VW to proceed
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CBT News
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