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

Asbury completes $1.2 billion acquisition of Jim Koons dealership group.

Asbury completes $1.2 billion acquisition of Jim Koons dealership group

- December 12, 2023
Asbury Automotive Group has now fully acquired Jim Koons Automotive Companies, one of the largest privately-owned dealership groups in the U.S., for $1.2 billion. The sale brings 20 dealerships representing 29...
Several car makers may produce hybrid vehicles to meet demand and comply with federal regulations on fuel economy and emissions.

Hybrid cars gain traction as automakers navigate EV transition

- December 11, 2023
Several car makers are more closely considering producing hybrid cars and trucks to meet consumers' growing demand and avoid incurring penalties from federal fuel economy and emissions regulations. Automakers are investing...
Karl Brauer joins Inside Automotive to share his insights into the 2023 electric vehicle market and where the segment is headed.

Why the electric vehicle market is taking forever to grow — Karl Brauer | iSeeCars.com

- December 11, 2023
The electric vehicle market has faced a tough year in 2023, with the initial excitement among automakers, consumers and dealers giving way to frustration and disappointment. What are the factors...
In this article, we debunk some AI myths, explore its role in the dealership, and discover why striking the right balance is essential.

The truth about Goldilocks, AI and your dealership

- December 11, 2023
Let’s face it: technology is no longer a luxury for most of the world; it’s a necessity. Every industry has experienced drastic changes due to rapidly evolving technology in the...
Tech YouTuber Faiz Aly joins Inside Automotive to discuss his experience attending the Cybertruck launch event.

Tech YouTuber Faiz Aly shares highlights from Tesla’s Cybertruck event

- December 8, 2023
Tesla's long-awaited Cybertruck is now officially here, following the electric vehicle brand's recent launch party. However, between the company's growing list of controversies and the polygonal pickup's chaotic production history,...
Exploring major market trends: Stellantis' new EV launch, GM's charging stations, shifts in used EV sales, and new tax credit rules.

Weekly roundup: Stellantis brings electric Fiat 500e to U.S., GM opens EV charging stations, Biden tightens EV rules

- December 8, 2023
Earlier this week: Stellantis launched the Fiat 500e, marking its first EV foray in the U.S. GM's collaboration with EVgo opened up new EV charging stations at Pilot Travel Centers....
Mark LaNeve joins Inside Automotive to discuss the key obstacles to electrification and the resources needed to overcome them.

Explaining the electrification slump, and the keys to spurring EV adoption — Mark LaNeve | Charge Enterprises

- December 6, 2023
Stellantis, one of the world's largest car manufacturers, recently announced a partnership with EV infrastructure company Charge Enterprises in an effort to supercharge the automaker's electrification plans. On this episode of...
Today on Inside Automotive, Jim Fitzpatrick is joined by United States Senate candidate and former dealer principal, Bernie Moreno.

U.S. Senate candidate Bernie Moreno on economic, social policies and electric vehicles

- December 5, 2023
Welcome to another edition of the CBT News original series Inside Automotive. Today, we're joined by United States Senate candidate and former dealer principal, Bernie Moreno. In 2005, Moreno invested all...
Significant M&A activity in October and November: auto dealerships in Charlottesville, Fresno, and Cincinnati change hands.

M&A roundup: dealerships change hands in Virginia, California, Ohio and more

- December 5, 2023
The most recent Q3 2023 Haig Report from buy/sell firm Haig Partners, highlights the robust demand for car dealerships. According to the report, 2023 is on track to become the...
Typically, dealerships’ value is compromised of tangible assets. But, on today's episode of Inside Automotive, Alan Haig further elaborates.

The current state of the buy/sell market and dealerships valuations – Alan Haig | Haig Partners

- December 1, 2023
Typically, dealerships’ value is compromised of tangible assets such as cash, inventory, equipment, and goodwill. But, if dealers are looking to add or sell stores to their portfolio in the...


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