TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%
TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%
TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%


Daily Automotive News

The biggest takeaways from dealership and OEM third-quarter reports — Kevin Tynan | Bloomberg Intelligence

- October 26, 2023
Third-quarter reports from the big dealership groups and automakers are in, giving analysts insight into the impact of the ongoing United Auto Workers strike and what the upcoming months have...
The pressure for greater sustainability in the auto segment comes from multiple groups but arguably began due to the “Tesla effect.”

Dealership sustainability: implementing eco-friendly practices in retail automotive

- October 26, 2023
For car dealerships, sustainability is more than a buzzword; following environmentally friendly practices is good business. It’s an approach that sends a strong positive message to customers and the community...
Generative AI has the potential to revolutionize marketing, streamlining the traditionally labor-intensive and speculative process.

Where does generative AI fit into dealership operations?

- October 25, 2023
Artificial Intelligence (AI) has been revolutionizing different industries, and the dealership sector is not immune to its impact. Generative AI, a specific type of AI, focuses on generating new data...
Hudson Automotive Group has signed an agreement to purchase five storefronts from Vic Bailey Automotive of Spartanburg.

Hudson Automotive Group to acquire Vic Bailey Automotive of Spartanburg

- October 24, 2023
Hudson Automotive Group is set to acquire South Carolina dealership group Vic Bailey Automotive. According to a Monday press release, the two businesses have already signed an agreement, with a purchase...
Evelyn Cardenas, President and CEO of CFADA joins us on Inside Automotive to tell us about the association's EV initiatives.

How the CFADA is paving the way for EV adoption – Evelyn Cardenas | Pres. & CEO

- October 23, 2023
As EVs become more prevalent on the roadways, it's essential for dealerships to understand the opportunities associated with maintenance. Evelyn Cardenas, President and CEO of the Central Florida Automobile Dealers...
Tyson Jominy joins CBT Now to discuss the UAW strike and what dealers should expect to see from fourth quarter auto sales.

How will the UAW strike affect Q4 auto sales? — Tyson Jominy | J.D. Power

- October 23, 2023
Faced with rising inflation, high interest rates and a historical United Auto Workers (UAW) strike, dealers are in for a complex fourth quarter. With the holiday season only weeks away,...
Pennsylvania-based Stewart companies will sell Apple Automotive to Ciocca Dealership in Southern Pennsylvania, according to Automotive News. 

Ciocca Dealerships is set to acquire Apple Automotive early next year

- October 20, 2023
In the first quarter of 2024, Pennsylvania-based Stewart Companies will sell Apple Automotive, which is comprised of 10 dealerships, to Ciocca Dealerships in Southern Pennsylvania, according to a new release.  CEO...
Explore this week's automotive industry news: enhanced new car affordability, EV sales surge, industry layoffs, and EPA emissions.

Weekly roundup: New car affordability, EV growth, and layoffs amid UAW actions

- October 20, 2023
Earlier this week: Car buyers experienced improved affordability for new vehicles despite rising interest rates, with Cox Automotive reporting a decline to 42.2 weeks of income as the cost for...
Here to discuss the the latest consumer EV trends is Kirsten Von Busch, Experian’s director of product marketing for automotive.

Breaking down the latest consumer EV trends with Experian’s Kirsten Von Busch

- October 19, 2023
According to Experian, there are more than 2.7 million EVs in operations in the U.S. So, on today’s episode of Inside Automotive, we’re looking at who these consumers are and...
Gerrick Wilkins joins Inside Automotive to discuss his run for office and the importance of electing business owners to Congress.

Giving business owners a voice: why this M&A advisor is running for Congress — Gerrick Wilkins

- October 18, 2023
As business owners, dealers have the ability to make an immense impact on their communities through their professional connections, wealth, and large customer base. But what if the retail community...


CBT News
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