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

What does Volvo’s direct-to-consumer sales strategy mean for car dealers – Don Hall, VADA

- May 4, 2021
Volvo made headlines after announcing its plan to go ‘fully electric’ with sales moving solely online by the year 2030. Today, we are continuing the conversation by diving into how...
sales

Automakers reporting historic sales for April 2021

- May 4, 2021
After one of the strongest quarters in American auto retail history, several carmakers have already reported the best sales months for their brands ever for April 2021. Reports from Hyundai...
delivery

Home delivery, reconditioning bookend digital retailing

- May 3, 2021
According to Cars.com, 61% of car buyers want their newly purchased vehicle home-delivered. 75% of dealers are now providing some form of home delivery option. Thank the COVID pandemic for kick-starting these percentages....
General Motors

General Motors CEO Mary Barra’s pay increased to $23.7M in 2020

- April 30, 2021
General Motors CEO Mary Barra experienced a pay raise in 2020. Barra remained the highest-paid CEO of the major Detroit automakers last year, earning $23.7 million, a 9.4% jump in...
AutoNation sells remaining ..Friday 5

Which major auto brand purchased Lyft’s AV unit? Which warranty processing SaaS company raised $900K?

- April 30, 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...
Ford

Ford reports $3.3 billion Q1 net income, best Q1 in a decade

- April 30, 2021
The Q1 2021 earnings call for Ford investors might’ve taken some by surprise. Ford Motor Company reported their strongest first-quarter earnings in a decade, bringing in a net income of...
Sonic Automotive

Sonic Automotive reports record first quarter revenues and earnings per share

- April 29, 2021
CHARLOTTE, N.C.-- Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2021. The financial...
Kerrigan

Will the dealership acquisition market remain hot for the rest of 2021? Erin Kerrigan, Kerrigan Advisors

- April 29, 2021
The automotive buy/sell market has been busier than ever. Today on CBT News, host Jim Fitzpatrick is joined by Erin Kerrigan, Founder and Managing Director at Kerrigan Advisors. She joins...
car

Car buyers advised to skip negotiating, pay sticker price during entrenched shortage

- April 28, 2021
Chip shortages, factory shutdowns due to COVID outbreaks, and a lack of used car inventory from rental companies are all combining to create supply challenges on dealer lots nationwide. However,...
California

California to set their own stringent climate limits on cars, EPA says

- April 28, 2021
Just 19 months after the Trump administration revoked California’s ability to set emissions standards that are stricter than the rest of the nation, it’s slated to be undone. On Monday,...


CBT News
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