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

inventory

Sales strong and prices high through January despite below average inventory

- February 12, 2021
Through the month of January, auto sales ticked higher than December 2020 as the pandemic recovery continues. With a January SAAR of 16.6 million units and just 3.7% fewer sales over last...

Wrapping up the 2021 NADA Virtual Show

- February 11, 2021
The first ever virtual National Automobile Dealers Association (NADA) show is coming to an end. The virtual experience began on Tuesday, February 9 and ran through Thursday, February 11. The...
PureCars

5-step guide to modernizing the buyer’s journey

- February 11, 2021
Projections for U.S. light-vehicle sales in the next five years are optimistic, according to research shop Benchmark Co. By 2025, there will be a record 245 million licensed drivers in...
Toyota

Toyota makes a robust update to profit forecast

- February 11, 2021
The world’s best-selling automakers has now updated their full-year profit expectations after realizing a net profit increase of 50% in the third quarter of their fiscal year. Toyota Motor Corp increased...

Rick DeSilva awarded Time Dealer of the Year

- February 10, 2021
Rick DeSilva, owner of Liberty Subaru in Emerson, NJ, was announced as the 2021 Time Dealer of the Year. DeSilva was awarded the honor by Time and Ally Financial at...

How to set your dealership apart from its digital retailing competition – Kalah McCoy, Velocity Automotive Solutions

- February 10, 2021
Today on CBT News, we’re pleased to welcome back Kalah McCoy, Executive Vice President at Velocity Automotive Solutions, Hugh Hathcock, Owner and Founder of Velocity Automotive Solutions, home of VelocityEngage...

Will the record breaking automotive M&A activity continue throughout 2021? – Ryan Kerrigan

- February 10, 2021
Automotive M&A deals have been very active over the last 12 months as major retailers expand their footprint into new markets. Lithia Motors has been one of the most aggressive...

Lithia acquires two stores from Fields Auto Group

- February 10, 2021
Lithia Motors has acquired two stores in Florida, expanding its presence in the Southeast Region. The growing retailer announced the transaction in a press release, saying it had reached a...

How to identify gaps in your dealership’s interactions with prospective customers – Pogo Parr, CallSource

- February 9, 2021
With the 2021 NADA virtual show just around the corner, CBT News anchor Jim Fitzpatrick talks with Pogo Parr, President of Automotive at CallSource, about the growth of technology in...
cryptocurrency

Tesla buys $1.5 billion in Bitcoin, will sell cars for cryptocurrency

- February 9, 2021
On Monday, Tesla announced a purchase of around $1.5 billion USD in Bitcoin, the world’s most well-known cryptocurrency. A filing with the Securities and Exchange Commission detailed the purchase with...


CBT News
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