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%


Daily Automotive News

mobility

Report shows that conventional mobility has gained back ground due to COVID

- September 30, 2021
Consumers have been warming to non-traditional notions of mobility like ridesharing, car subscriptions, and alternative last-mile transportation options over the past decade. But when the pandemic arrived in full force,...

Asbury Automotive Group to acquire Larry H. Miller Dealerships in $3.2B deal

- September 29, 2021
DULUTH, G.A., Sept. 29, 2021— Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., entered into a definitive agreement with Larry H. Miller Group of...
auto

A mixed bag in the latest Cox Automotive Weekly Summary

- September 29, 2021
Cox Automotive released its weekly summary Monday, which included updates on sales and prices across the auto market, the Fed’s potential plans, home sales and construction statistics, consumer sentiment, and...
Ford

Ford commits $11.4 billion for shift to electric vehicles

- September 29, 2021
A monumental announcement by Ford CEO Jim Farley sees the carmaker investing $11.4 billion into electrified mobility. The investment will create roughly 11,000 new jobs and is by far the...
Roger Love

Is your dealership vulnerable to a cyber attack? Tiffany Simonsen weighs in.

- September 28, 2021
On the latest episode of Straight to the Point, host Frank J. Lopes sits down with Security Solutions Consultant at Intrinium, Tiffany Simonsen. Lopes gets straight to the point and asks Simonsen,...
Polestar

Electric car company Polestar to go public via SPAC

- September 28, 2021
One of the electric car companies that are already producing and delivering new vehicles to consumers is taking the plunge into the stock market. A press release was issued on...
chip shortage

Cost of chip shortage expected to double, but Musk sees an end in sight

- September 27, 2021
In May 2021, AlixPartners predicted that the chip shortage plaguing the auto industry since the middle of the pandemic would end up costing the auto industry $110 billion US in...
Sonic Automotive

Sonic Automotive Pres. Jeff Dyke discusses $700M acquisition of RFJ Auto Partners

- September 24, 2021
Sonic Automotive, one of the nation’s largest retailers, recently announced the acquisition of RFJ Auto Partners. RFJ Auto consists of 33 franchised and used vehicle dealerships. This deal, expected to...
AutoNation sells remaining ..Friday 5

Salty Dot gets acquired by this auto dealership solutions company and Ford invests $50M into a battery recycler

- September 24, 2021
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the...
Kerrigan

Will the explosive buy-sell profitability and activity continue in Q4? – Ryan Kerrigan, Kerrigan Advisors

- September 24, 2021
We recently discussed today’s buy-sell market with the Kerrigan Advisors, who represents some of auto retail’s largest transactions, including Earnhardt Auto Centers’ sale of two Arizona dealerships. So on today’s show,...


CBT News
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