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

General Motors has postponed production of two new electric pickups to 2025 but denies the decision is related to the UAW strike.

General Motors delays electric pickups, postpones Investor Day

- October 18, 2023
General Motors has postponed production of its Chevrolet Silverado and GMC Sierra electric pickups until 2025, one year later than originally expected. The delay will force the automaker's Orion Assembly plant...
Articles Headlines
used car market Monthly wholesale & SAAR prices decline in first half of October.

Monthly wholesale and SAAR prices decline in first half of October

- October 18, 2023
The first 15 days of October saw a 1.6% drop in wholesale used car prices from September. The midmonth Manheim Used Vehicle Value Index fell to 211.0, representing a 3.3%...
Headlines Articles
AutoNation dropped its bid to acquire the U.K.-based Pendragon, shortly after Lithia Motors' decision to raise its original offer.

AutoNation exits bidding war for UK’s Pendragon

- October 18, 2023
AutoNation on Tuesday rescinded its offer to purchase U.K.-based automotive retailer Pendragon, roughly three weeks after joining a bidding war composed of America's largest dealership groups. In late September, AutoNation submitted...
Articles Headlines
The NADA has elected Tom Castriota as its next vice chairman, indicating that he will be the organization's chairman in 2025.

NADA board names Tom Castriota its new vice chairman

- October 18, 2023
The National Automobile Dealers Association (NADA) has elected Tom Castriota as its next vice chairman, indicating that he will likely be the organization's chairman in 2025, according to Automotive News. At...
Headlines Articles
Car buyers enjoyed a more affordable new vehicle market in September in spite of rising interest rates and economic headwinds.

Affordable car prices, wage growth negate rate hikes in September

- October 17, 2023
Car buyers enjoyed a more affordable new vehicle market in September in spite of rising interest rates and economic headwinds. According to Cox Automotive's monthly report, measures of affordability improved both...
Articles Headlines
An automotive lobby group has submitted a new challenge to the National Highway Traffic Safety Administration's new fuel-efficiency proposal.

Auto lobby group warns fuel-efficiency standards would raise car prices

- October 17, 2023
The Alliance for Automotive Innovation, a lobby group representing major U.S. automakers, including the Detroit-Three, has submitted a new challenge to the National Highway Traffic Safety Administration's recommended fuel-efficiency standards. If...
Articles Headlines
Cars Commerce is focused on simplifying car buying and selling by removing complexity and increasing transparency in the retail experience.

Cars.com unites commerical brands under Cars Commerce platform

- October 17, 2023
Cars.com today announced that its various commercial brands will come together under the new enterprise brand name, Cars Commerce. This change aims to enhance its platform strategy and better connect...
Headlines Articles
automotive industry news

Tesla is recalling roughly 55,000 Model X vehicles

- October 17, 2023
On October 17, a U.S. auto regulator confirmed that Tesla would recall 54,676 Model X vehicles manufactured between 2021 and 2023 because the car controller failed to detect low braking...
Headlines Articles
Longo Toyota will auction off a 2023 Toyota GR Corolla MORIZO, with the proceeds donated to Vision To Learn and the El Monte Schools.

Longo Toyota auctions exclusive 2023 GR Corolla MORIZO for charity

- October 17, 2023
This October, Longo Toyota, the largest Toyota dealership in the world, will auction off a limited edition 2023 Toyota GR Corolla MORIZO, with the proceeds benefitting Vision To Learn and...
Headlines Articles
Ford and Stellantis laid off additional workers at facilities in several states as the United Auto Workers strike enters its fifth week.

Stellantis, Ford lay off 1,250 employees after United Auto Workers update

- October 16, 2023
Stellantis and Ford launched a new wave of layoffs at facilities in Indiana, Ohio, Illinois and Michigan as the United Auto Workers union enters its fifth week of strikes against...
Articles Headlines

Latest Articles

CBT News heads to Washington, D.C., to host Auto Leadership Summit
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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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Nissan says dealer-focused strategy
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Rising gas prices push shoppers toward hybrids and used vehicles
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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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