TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%

Headlines

New car affordability improved in February thanks to income growth, price declines, lower interest rates, and healthy demand.

New vehicle affordability hits highest point in 2.5 years—prices, rates decline

- March 18, 2024
New vehicle affordability improved marginally in February as prices and interest rates declined and income growth continued, reflecting the car market's slow but steady shift toward consumer-friendly conditions. According to Cox...
Articles Headlines
The Austin-based EV maker, Tesla, has reached a settlement to resolve a case alleging racial discrimination. 

Tesla settles racial discrimination lawsuit for millions

- March 18, 2024
Austin-based EV maker Tesla has reached a settlement to resolve a case involving racial discrimination.  In 2015, a federal jury awarded Owen Diaz, a black elevator operator at the Fremont, California plant,...
Headlines Articles
GOP presidential nominee Trump promised to charge 100% tariffs on vehicles made in Mexico at plants owned by Chinese automakers.

Trump promises 100% tariff on China-backed cars crossing Mexican border

- March 18, 2024
Presidential candidate Donald Trump has promised to charge 100% tariffs on vehicles built in Mexico at facilities owned by Chinese automakers should he win the 2024 election. Trump made the claim...
Articles Headlines
V-Green Global Charging Station Development Company

VinFast founder announces ‘V-Green’ EV charging network venture

- March 18, 2024
On March 18, Vingroup's Chairman and VinFast founder, Pham Nhat Vuong, announced the establishment of V-Green Global Charging Station Development Company (V-Green). V-Green has two primary goals: to promote VinFast vehicles...
Headlines Articles
New vehicle demand caused supply levels to fall over the course of February as the car market continued to show signs of normalization.

New vehicle inventory shrinks in early March as sales rise and prices fall

- March 15, 2024
Resilient consumer demand in February spurred new vehicle sales forward but dragged inventory levels down from January's above-average supply. The pace of sales intensified last month, moving at a seasonally adjusted...
Articles Headlines
Hyundai and Ivego Group will continue working together to build commercial vehicles powered by battery and fuel cell technology.

Hyundai to build more electric commercial vehicles with Iveco Group

- March 15, 2024
Hyundai has signed a letter of intent with Iveco Group, a commercial vehicle brand, signaling its commitment to accelerate innovation in the heavy-duty truck sector. Hyundai said the letter strengthens its...
Articles Headlines
Volkswagen is sparking interest with a massive sale on the 2023 ID.4 AWD Pro S Plus, offering a substantial $13,000 discount on new lease deals.

Volkswagen offers $13,000 discount on 2023 ID.4 AWD Pro S Plus leases

- March 15, 2024
Volkswagen is offering a significant $13,000 discount on its 2023 ID.4 AWD Pro S Plus with a new lease deal, reports Electrek. This pricing strategy coincides with the automaker's plan...
Headlines Articles
Nissan and Honda revealed their partnership to collaborate on developing auto intelligence technologies and electric vehicles.

Nissan, Honda partner up to develop EVs, intelligence technologies

- March 15, 2024
On March 15, Nissan and Honda revealed their partnership to collaborate on developing auto intelligence technologies and electric vehicles, two areas in which Japanese manufacturers have lagged. At a press conference...
Headlines Articles
Dealer sentiments rose in the first quarter on better sales and inventory but were held back by declining profit expectations.

Dealer optimism sees spring boost but remains cloudy on profit concerns

- March 14, 2024
Dealers are showing more optimism toward the market but remain cautious on the whole as normalizing car prices continue to sap profits. According to Cox Automotive's Dealer Sentiment Index, dealer confidence...
Articles Headlines
Customer satisfaction with dealership service departments improved marginally in 2024 but suffered due to persistent complaints.

Service department satisfaction held back by long wait times, EV issues

- March 14, 2024
Customer satisfaction with the dealership service experience improved slightly in 2024 but was held back from a stronger increase due to frustrations with the fixed-ops process. According to J.D. Power's 2024...
Articles Headlines

Latest Articles

CBT News heads to Washington, D.C., to host Auto Leadership Summit
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TrueCar says it will now include mandatory dealer fees in advertised vehicle prices, exceeding FTC standards.
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Elon Musk predicts self-driving domination within a decade as Tesla, Waymo face new recalls
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S&P Global Mobility opens FeeSync to entire automotive industry at no cost, establishing first-of-its-kind dealer fee transparency infrastructure
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EV fee bill sparks backlash, Stellantis outlines U.S. turnaround, Nissan boosts retail share
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EV fee bill sparks backlash, Stellantis outlines U.S. turnaround, Nissan boosts retail share

House bill targeting EV and PHEV owners sparks environmental backlash
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Stellantis CEO Antonio Filosa to unveil turnaround strategy focused on U.S. recovery
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Stellantis CEO Antonio Filosa to unveil turnaround strategy focused on U.S. recovery

Nissan says dealer-focused strategy
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Nissan says dealer-focused strategy boosted retail market share

Rising gas prices push shoppers toward hybrids and used vehicles
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Rising gas prices push shoppers toward hybrids and used vehicles

Cox Automotive's Derek Hansen talks about how AI is reshaping used-vehicle sales and sourcing as inventory hits historic lows.
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How AI is reshaping used-vehicle sales and sourcing as inventory hits historic lows

CBT News
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