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

Tesla CEO Elon Musk has rebranded Twitter as "X," replacing the platform's iconic blue branding with a new black-and-white theme.

Tesla CEO Musk swaps out Twitter bird with ‘X’ logo after ad revenue declines

- July 24, 2023
Tesla CEO Elon Musk has formally rebranded Twitter as "X," substituting the social media platform's iconic white-and-blue bird logo on Monday with a simple black-and-white design featuring the titular letter. The...
Articles Headlines
Jeep-maker Stellantis and South Korean tech manufacturer Samsung SDI have confirmed plans to build a new electric vehicle battery plant.

Stellantis and SDI agree to build second electric vehicle battery plant

- July 24, 2023
Jeep-maker Stellantis and South Korean tech manufacturer Samsung SDI have confirmed plans to build a new electric vehicle battery plant, slated to launch in 2027. The facility is the second project...
Articles Headlines
Tesla financing

Tesla now offers a 7-year financing term for all vehicle models

- July 24, 2023
Tesla is producing vehicles at an all-time rate. The EV manufacturer is starting to cling to its inventory despite its excellent delivery rates. Considering the Model 3 and Y, Tesla has kept a few cars throughout...
Headlines Articles
Property in and around Davison, Michigan, near Flint, has been severely destroyed by a string of intense hailstorms. Tennis ball-sized hail from the unexpected hailstorm destroyed local cars and damaged homes. Local dealerships stated that over 600 new vehicles were damaged, and the local police force is down to only two operational patrol vehicles.

Tennis ball-sized hail destroys over 600 brand-new vehicles at Michigan dealerships

- July 24, 2023
Property in and around Davison, Michigan, near Flint, has been severely destroyed by a string of intense hailstorms. Tennis ball-sized hail from the unexpected hailstorm destroyed local cars and damaged...
Headlines Articles
AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings and new car sales.

AutoNation beats forecast, maintains revenue in Q2 despite sluggish sales

- July 21, 2023
AutoNation strengthened its position over the second quarter, beating analyst revenue forecasts thanks to higher earnings from after-sales services and increasing demand for new vehicles. Analysts had expected AutoNation to announce...
Articles Headlines
The automotive business has been significantly impacted by artificial intelligence. According to Future Market Insights, sales of driverless vehicles are expected to reach $70 billion by 2033. However, AI-powered self-driving cars are not the only change; the manufacture of cars is already incorporating AI technology.  

CNBC report: BMW uses AI to expedite vehicle assembly

- July 21, 2023
The automotive business has been significantly impacted by artificial intelligence. According to Future Market Insights, sales of driverless vehicles are expected to reach $70 billion by 2033. However, AI-powered self-driving...
Articles Headlines
According to an Auto Trader report, the number of people interested in buying a “Chevy Convertible Corvette” has increased by 120% since the release of the “Barbie” trailer.

Hagerty CEO says ‘Barbie’ is fueling a significant uptick in vintage car purchases

- July 21, 2023
According to an Auto Trader report, the number of people interested in buying a “Chevy Convertible Corvette” has increased by 120% since the release of the “Barbie” trailer.  In a time...
Headlines Articles
Earlier this week, Carvana revealed its Q2 earnings, meanwhile, Ford made a bold move by lowering the price of its electric F-150 Lightning truck.

Weekly roundup: Carvana aims to trim debt under new agreement, Fords slashes price for F-150 Lightning

- July 21, 2023
Earlier this week: Carvana, the used-car mega-retailer, revealed its second-quarter earnings and also announced a significant agreement to reduce its total debt by over $1.2 billion. Meanwhile, Ford made a...
Articles Daily Automotive News
Car owner satisfaction declined for the second year in a row in 2023, according to the J.D. Power APEAL study.

Car owner satisfaction declines for second year in J.D. Power study

- July 21, 2023
Car owner satisfaction declined for the second year in a row, according to the J.D. Power Automotive Performance, Execution and Layout (APEAL) Study. It is the first time in nearly three...
Articles Headlines
President Biden met privately with Shawn Fain, leader of the UAW, as the automotive industry prepares for the possibility of a labor strike.

UAW chief Fain meets privately with President Biden amidst contract fight

- July 20, 2023
President Biden met privately with Shawn Fain, leader of the United Auto Workers (UAW) union, on July 19 as the automotive industry prepares for the possibility of a labor strike. Biden...
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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TrueCar gets ahead of FTC compliance, folds dealer fees into upfront pricing

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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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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