TSLA394.460-1.72%
GM77.6400.77%
F14.1950.255%
RIVN17.8000.3%
CYD45.8700.42%
HMC27.890-0.2%
TM176.9200.7%
CVNA70.5900.21%
PAG200.4006.85%
LAD331.37012.12%
AN203.5407.26%
GPI319.40020.22%
ABG218.4305.64%
SAH99.7407.36%
TSLA394.460-1.72%
GM77.6400.77%
F14.1950.255%
RIVN17.8000.3%
CYD45.8700.42%
HMC27.890-0.2%
TM176.9200.7%
CVNA70.5900.21%
PAG200.4006.85%
LAD331.37012.12%
AN203.5407.26%
GPI319.40020.22%
ABG218.4305.64%
SAH99.7407.36%
TSLA394.460-1.72%
GM77.6400.77%
F14.1950.255%
RIVN17.8000.3%
CYD45.8700.42%
HMC27.890-0.2%
TM176.9200.7%
CVNA70.5900.21%
PAG200.4006.85%
LAD331.37012.12%
AN203.5407.26%
GPI319.40020.22%
ABG218.4305.64%
SAH99.7407.36%


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
Experts expect vehicle affordability to remain a problem in 2024. Check out my conversation with Lotlinx CEO Len Short to find out why.

2024 auto industry steers through vehicle affordability, inventory roadblocks

- February 27, 2024
As the automotive retail industry settles into 2024, there's cautious optimism about returning to 'near-normal' vehicle inventory levels. This is a welcome change from the shortages that began in 2020....
Daily Automotive News Articles
Charlie Chesbrough joins CBT Now to discuss the January automotive market and what it can tell dealers about the months ahead.

Automotive market forecast: trends, challenges, and opportunities in 2024 — Charlie Chesbrough | Cox Automotive

- February 27, 2024
The automotive market performed astonishingly well in 2023, exiting the year mostly unphased by inflation challenges, rising interest rates, labor strikes, and the electric vehicle segment's disappointing performance. Now that...
Daily Automotive News CBT Now
The industry must help entry-level new car buyers, especially younger consumers trying to establish lives already burdened with high costs.

With the high cost of new cars, can entry-level buyers stay in the market?

- February 26, 2024
Someday, we’ll be able to move around in flying cars and bring to life those Star Wars highways in the skies. I’ve been making presentations recently to inform those interested...
Articles Daily Automotive News
Cole Kutschinski joins Inside Automotive to explain how conversational AI platforms can enhance the dealership sales process.

What can conversational AI achieve for your dealership? — Cole Kutschinski | ICOM AI

- February 23, 2024
Conversational artificial intelligence (AI) is a new and swiftly evolving tool that can speed up the sales process and improve customer retention within the dealership. However, as with any major...
Featured Daily Automotive News
Ford dodges UAW strike, used car prices fall, EV startups report Q4 earnings, Fisker expands dealer network, and Cruise shakes things up.

Weekly roundup: Ford averts UAW strike, Fisker expands dealer network, Cruise leadership shakeup

- February 23, 2024
Earlier this week: Ford narrowly averted a UAW strike at its Kentucky Truck Plant by reaching a tentative agreement. A ratification vote is pending for the facility's 9,000 employees. Meanwhile,...
Articles Daily Automotive News
In a recent study by Recurrent, it suggests that range anxiety is not a significant problem for the average daily driver.

New study debunks range anxiety myth for EVs

- February 22, 2024
Since introducing electric vehicles (EVs) to the automotive sector, several consumers have lingered around the prevalent issue of range anxiety. Range anxiety refers to the fear that an electric car will...
Headlines Daily Automotive News
JT Taylor joins CBT Now to discuss the latest financial trends impacting the retail automotive sector in 2024.

How the car market is adjusting to interest rates and inflation — JT Taylor | Truist Securities

- February 22, 2024
In 2023, the U.S. faced increased interest rates and rapid inflation, both of which placed heavy pressure on car buyers and retailers alike. On this episode of CBT Now, host...
Featured Daily Automotive News


Latest Articles

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors
Latest Articles 07/15/26

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors

Your new car now comes with a camera pointed at your face. Europe just made it mandatory
Latest Articles 07/15/26

Your new car now comes with a camera pointed at your face. Europe just made it mandatory

Mexico targets auto, steel tariffs as USMCA review puts North American trade in focus
Latest Articles 07/15/26

Mexico targets auto, steel tariffs as USMCA review puts North American trade in focus

Volkswagen expands affordable EV lineup with new ID. Cross SUV
Latest Articles 07/15/26

Volkswagen expands affordable EV lineup with new ID. Cross SUV

Lucid denies bankruptcy, take-private rumors after stock plunges 41%
Latest Articles 07/15/26

Lucid denies bankruptcy, take-private rumors after stock plunges 41%

Audi 2027 lineup
Latest Articles 07/15/26

Audi updates 2027 lineup with simplified trims, new tech, added ownership value

The Niello Company shifts focus on used cars, pricing, and fees with record results
Latest Articles 07/15/26

The Niello Company shifts focus on used cars, pricing, and fees with record results

How the masterpiece of today fuels long-term success
Latest Articles 07/15/26

How today’s masterpiece fuels long-term success

Widewail releases Q1 2026 Automotive Voice of the Customer report
Latest Articles 07/14/26

Widewail releases Q1 2026 Automotive Voice of the Customer report

Volkswagen weighs more job cuts, Gordie Howe Bridge opens July 27, New-vehicle prices stay below $50K
Latest Articles 07/14/26

Volkswagen weighs more job cuts, Gordie Howe Bridge opens July 27, New-vehicle prices stay below $50K


CBT News
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.