TSLA328.5809.05%
GM87.5800.64%
F13.9800.19%
RIVN16.0000.62%
CYD47.320-1.41%
HMC31.8201.09%
TM190.0902.6%
CVNA70.8502.51%
PAG216.4100.01%
LAD375.6300.55%
AN209.230-2.1%
GPI266.470-4.35%
ABG214.320-1.67%
SAH82.440-2.45%
TSLA328.5809.05%
GM87.5800.64%
F13.9800.19%
RIVN16.0000.62%
CYD47.320-1.41%
HMC31.8201.09%
TM190.0902.6%
CVNA70.8502.51%
PAG216.4100.01%
LAD375.6300.55%
AN209.230-2.1%
GPI266.470-4.35%
ABG214.320-1.67%
SAH82.440-2.45%
TSLA328.5809.05%
GM87.5800.64%
F13.9800.19%
RIVN16.0000.62%
CYD47.320-1.41%
HMC31.8201.09%
TM190.0902.6%
CVNA70.8502.51%
PAG216.4100.01%
LAD375.6300.55%
AN209.230-2.1%
GPI266.470-4.35%
ABG214.320-1.67%
SAH82.440-2.45%

Headlines

car loan

Average new car loan reaches record high of $40,290 in the second quarter

- September 6, 2022
The auto industry regularly encounters market reports filled with optimistic projections and doom-and-gloom forecasts, with the latter getting more attention these days. But the key to understanding tomorrow first begins...
Ford

Ford’s new car sales fall 4% from month prior, but increase 27% year-over-year

- September 6, 2022
Ford released U.S. sales numbers for the month of August that place the company as America’s best-selling brand for two months in a row. The company reported an increase of...
jobs

US adds 315,000 jobs in August, unemployment creeps up to 3.7%

- September 6, 2022
The Bureau of Labor Statistics released a new report on Friday, which showed that despite a still struggling unemployment rate, the country saw some good news regarding rising wages and payroll. Nonfarm payrolls rose...
interest rate

Interest rate hikes drive monthly loan and lease payments to 4-year highs — S&P Global

- September 6, 2022
In an effort to curb out-of-control inflation, the Fed's recent interest rate hikes are starting to be felt by dealers and consumers alike. However, struggling inventory levels could prevent the...
mentorship

The importance of building a robust mentorship program at your car dealership

- September 5, 2022
Mentorship programs are an exciting concept for car dealerships but are also very useful because of what they provide to companies. These programs, when done right, are cost-saving and can...
Honda sales

Honda US sales slide 38% in August, supply of vehicles remains low

- September 5, 2022
American Honda reported that US sales dropped by 38% year-over-year in the month of August, as the company continued to struggle with supply shortages and low inventory levels. Honda reported...
supply Toyota

Toyota’s volume dropped 9.8% last month due to ongoing supply roadblocks

- September 5, 2022
Toyota Motor Corporation released its August sales numbers on Friday, showing that the company is still struggling to reach sales expectations due to low inventory supply. Toyota reported its year-over-year...

Vehicle recalls affect thousands of GM, Ford, Hyundai, and Toyota models

- September 5, 2022
The US National Highway and Traffic Safety Administration released recalls for the week of August 25 through the first day of September, and both Ford and Hyundai topped the list...
Buick

General Motors will offer buyouts to Buick dealers that don’t want electric cars

- September 2, 2022
General Motors revealed on Friday that it is offering buyouts to US Buick dealers who don't want to engage in the brand's shift to only selling domestically produced all electric...
Automotive Ventures EVs startups connected car Buick CES

EV startups struggle to keep costs down, Porsche IPO seeks $85 billion valuation

- September 2, 2022
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the...
CBT News
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