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

MileOne Autogroup has acquired Koons Wilmington Lexus less than three months after the storefront was purchased by Asbury Automotive.

MileOne acquires Koons Wilmington Lexus from Asbury Automotive

- March 5, 2024
MileOne Autogroup purchased a Delaware Lexus dealership from Asbury Automotive just months after the seller acquired the storefront from the Jim Koons group. The transaction for Koons Wilmington Lexus was finalized...
Articles Daily Automotive News
As the industry shifts its focus to larger, more expensive vehicles, Hyundai is positioning itself for affordability and practicality.

Opinion | Hyundai boldly bets on sedans: is the OEM a step ahead of everyone?

- March 4, 2024
In a gesture of transparency, I confess that I own one of Audi's quickest sedans. The truth is that I'm biased toward sedans, sportbacks, and wagons. And, like other Audi...
Daily Automotive News Articles
Discover how AI and innovative strategies are transforming the fight against automotive fraud, ensuring secure transactions.

How dealers can combat auto fraud with AI – Kanchana Sundaram | Experian

- March 4, 2024
For years, the retail automotive sector has battled persistent fraud, impacting dealers and buyers alike. On the latest episode of CBT Now, Kanchana Sundaram, Experian’s Senior Director of Product and...
Daily Automotive News CBT Now
Auto industry news: Apple car project ends, EVs rise, new charging solutions, and the launch of innovative electric supercars.

Weekly roundup: Apple Car shelved, hybrids gain traction, new EV superchargers and supercars

- March 1, 2024
Earlier this week: Apple's car project was shelved due to various challenges, leaving the fate of 2,000 jobs in limbo. Consumer Reports' latest vehicle ratings favor electrification, with hybrids and...
Daily Automotive News Articles
New data has pinpointed the metro areas with the best and worst electric vehicle driving conditions based on charging availability.

New research highlights the best (and worst) areas to drive electric vehicles

- February 29, 2024
Electric vehicles have seen varying levels of adoption in the U.S., with sales often depending on local factors, including infrastructure, population density, and income levels. Recently, automotive data analytics platform iSeeCars.com...
Articles Daily Automotive News
The 2024 election's impact on automotive industry could shift EV policies, affecting investments, regulations, and global competitiveness.

2024 presidential race could radically shift the U.S. auto industry

- February 29, 2024
The 2024 Presidential election, a potential Biden-Trump rematch, could profoundly impact the automotive industry, particularly in environmental policy and EV transition. A shift in leadership could significantly adjust federal tax incentives,...
Headlines Daily Automotive News
Apple has cancelled its car project amidst a downturn in autonomous and electric vehicle sentiment among buyers, executives, and regulators.

Behind the Apple car’s timely demise

- February 28, 2024
It appears that the long but poorly concealed Apple car project, a constant source of speculation among tech and auto enthusiasts alike for many years, has finally come to an...
Articles Daily Automotive News
Willie Beck joins CBT Now to share his insights into the 2024 buy/sell market and why some dealers are taking a chance on refinancing.

How dealers are navigating interest rates on their quest for acquisitions — Willie Beck | Bel Air Partners

- February 28, 2024
The dealership buy/sell market remains active in 2024, with major acquisitions arriving every week. But with economic factors, such as interest rates and inflation, making it increasingly difficult to predict...
Featured Daily Automotive News
The acquisition by Lithia Motors, set to close within the next six to eight weeks, represents a pivotal moment for Carousel Motor Group.

Lithia Motors buys Carousel Motor Group in 9-store deal

- February 27, 2024
The Pohlad family has decided to part ways with Carousel Motor Group, a company it founded 15 years ago. Lithia Motors will scoop up the dealerships and expand its footprint...
Daily Automotive News Articles
Group 1 owns and runs 200 car dealerships, 262 franchises, and 43 collision centers in the U.S. and the U.K.

Group 1 acquires 2 high-volume Lexus stores in California

- February 27, 2024
Group 1 Automotive, one of the nation's largest and top-selling automotive retailers, announced the acquisition of Newport Lexus and Tustin Lexus from Wilson Automotive. The two high-performing Lexus dealerships are in...
Daily Automotive News Articles


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Legal battles reshape car sales
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CBT News
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