TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%
TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%
TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%

UAW threatens strike over Stellantis plant, GM cuts 1,000 jobs, Trump eyes ending EV tax credit

Top stories

UAW threatens national strike over Stellantis’ failure to meet Belvidere plant commitments.

GM lays off over 1,000 software and services division employees amid strategic streamlining. Read More

Trump considers ending EV tax credit, praises Musk for potential cabinet role, threatens tariffs on Mexican-made cars. Read More

Wholesale used vehicle prices rose 0.5% in early August. Read More

Featured Interview

Joining us on the recent episode of Inside Automotive to talk more about that is Jeff Dyke, the President of Sonic Automotive.Sonic Automotive surges 76% despite CDK outage; Jeff Dyke explains resilience strategies
Despite the estimated 1.02 billion dollar loss for dealerships due to the CDK Global outage, Sonic Automotive’s second-quarter net income is up 76% year-over-year. Joining us on the recent episode of Inside Automotive to talk more about that is Jeff Dyke, the President of Sonic Automotive. Watch the full segment here.

Suzuki explains the importance of value-based selling, offering actionable insights to help dealerships build long-term customer loyaltyLeveraging ChatGPT for enhanced sales and service – Jen Suzuki
In this episode of Loyalty-Based Sales Strategies, industry expert Jen Suzuki explores ChatGPT’s transformative potential for car dealerships. From streamlining service communications to crafting engaging sales messages, Jen explains how this AI tool can revolutionize dealerships’ interactions with customers. Whether you’re looking to enhance your marketing efforts or improve customer engagement, this episode offers valuable insights into harnessing AI to elevate your dealership’s operations. Watch the full segment here.

For Dealers

Maintaining steady sales and profits can be challenging with fluctuating consumer demands, high vehicle prices, and low inventory. How dealerships can grow sales and profits by adopting resilient marketing strategies
In this competitive market, car dealerships face numerous challenges. Maintaining steady sales and profits can be challenging with fluctuating consumer demands, high vehicle prices, and low inventory. Read More

More from Daily Newscast
Weekly roundup: Toyota & Honda hit hardest by Canada tariffs, FTC warns of fake dealership websites, Hyundai taking Amazon Autos international

Weekly roundup: Toyota & Honda hit hardest by Canada tariffs, FTC warns of fake dealership websites, Hyundai taking Amazon Autos international

- September 5, 2026
ICYMI: Toyota and Honda face the biggest threat from Trump's Canada auto tariffs. The FTC is warning car buyers about fake dealership websites and payment scams. Hyundai plans to take Amazon Autos international...
Bill would require audit of automakers’ China ties, U.S.-Canada tariff tensions escalates, Volkswagen plans 100,000 job cuts

Bill would require audit of automakers’ China ties, U.S.-Canada tariff tensions escalates, Volkswagen plans 100,000 job cuts

- September 4, 2026
Top Stories  Bill would force federal audit of automakers' ties to China. Read More U.S.-Canada trade tensions deepen as tariff dispute threatens auto sector. Read More Volkswagen approves plan to cut 100,000 jobs...
Ford Super Duty production hits 20-year high, VW names North America chief, Mitsubishi Pajero targets U.S. market

Ford Super Duty production hits 20-year high, VW names North America chief, Mitsubishi Pajero targets U.S. market

- September 3, 2026
Top Stories  Ford Super Duty production hits 20-year high as it recovers from supplier shortages. Read More Volkswagen taps Audi sales chief to head North America amid sales slump. Read More Mitsubishi Pajero...

FTC warns of fake dealership websites, Hyundai plans international Amazon Auto expansion, Volvo global sales fall

- September 2, 2026
Top Stories  FTC warns car buyers about fake dealership websites and payment scams. Read More Hyundai plans international expansion of Amazon Autos as early as 2027. Read More Volvo's global sales fall 7.4%,...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.