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

Toyota production target engine

Toyota crosses reduced production target, but stays quiet on new guidance

- April 27, 2023
Toyota passed its fiscal-year production target of 9.1 million vehicles in March, but spoke cautiously on the year ahead. On April 27, The automaker revealed it had beaten its goal by...
Articles Headlines
software protocol

GM develops new open-source software protocol, urges rivals to use it

- April 27, 2023
General Motors has announced a new open-source software protocol to increase software development and improve customer experiences in connected vehicles. GM’s protocol is a “starting point” for other automakers and developers.  The...
Headlines Articles
Tesla price cuts

Tesla’s growing inventory at odds with recent price cuts

- April 27, 2023
Tesla's inventory in the U.S. has reached a new high, indicating that recent price cuts from the EV maker might not be doing enough to spur demand.  In recent weeks, Tesla...
Headlines Articles
Group 1 Automotive

Group 1 Automotive beats Q1 revenue forecast, but sees net income decline

- April 27, 2023
Group 1 Automotive reported a revenue of $4.13 billion for the first quarter, beating forecasts and setting a new record for the period. A Zacks Consensus Estimate had predicted the international...
Articles Headlines
Stellantis is offering buyouts to U.S. salaried employees to cut costs after a significant drop in net income during the years first half

Stellantis offers 3,500 employee buyouts to make way for EVs

- April 26, 2023
Stellantis is looking to reduce its hourly workforce by as many as 3,500 employees through buyouts.  Last week, Shawn Fain, the recently elected president of the UAW, and Stellantis spoke about...
Headlines Articles
Penske Automotive CEO

Penske Automotive reveals record revenue and sliding profits in Q1

- April 26, 2023
Penske Automotive published its first-quarter performance numbers on Wednesday April 26, revealing some disquieting financial results on top of record-breaking revenue. According to the dealership group's report, quarterly revenue grew 5.2%...
Articles Headlines
Honda 2024 Prologue SUV

Honda teases mystery EV, reveals new 2024 Prologue SUV details

- April 26, 2023
On April 26, Honda revealed additional details for its upcoming electric vehicle lineup including the 2024 Prologue and an unnamed model planned for 2025. Honda made the announcements during a Wednesday...
Articles Headlines
IEA's smaller EV SALES

Global EV sales expected to climb 35% in 2023, IEA reports

- April 26, 2023
In a report by the International Energy Agency (IEA), EV sales increased to 10 million last year, with China accounting for approximately 60% of the market.  Record sale numbers continue the...
Headlines Articles
GM 2023 guidance, Fairfax

GM to stop making Chevy Bolt after increasing 2023 guidance

- April 25, 2023
Coming off one of its most successful quarters, General Motors has revised its 2023 guidance to account for greater earnings and revenue than it previously anticipated. The automaker surpassed Q1 expectations...
Articles Headlines

GM and Samsung partnership announces new $3 billion U.S. battery cell factory

- April 25, 2023
General Motors and Samsung SDI have announced they are partnering to build a new $3 billion battery cell factory in the U.S. to power GM electric vehicles.  The official announcement by...
Headlines Articles

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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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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