TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%

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Hyundai dealer concerns, Chinese tariff comment extension, Record May used-vehicle sales

- June 17, 2024
Top stories Hyundai's new dealer agreement addendums raise concerns over state franchise law compliance. Read More U.S. trade groups request extension to comment on tariffs on Chinese imports. May's used-vehicle sales surge,...
Sean Johnson joins the first-ever episode of Diversity in Automotive on CBT News to discuss the challenges to creating a diverse workforce.

The role of mentorship in creating diverse leadership — Sean Johnson | Porsche Brooklyn

- June 17, 2024
As American society has become more diverse, so too has the automotive landscape, with dealers, manufacturers, and suppliers welcoming minorities in increasing numbers. However, representation in the car business, especially...
The Finance and Insurance (F&I) department, a critical component of any automotive dealership, plays a pivotal role in driving profitability. We all know the F&I staff often grapples with challenges leading to customer dissatisfaction and employee frustration.  

Alleviating frustrations in F&I departments for enhanced customer satisfaction and profitability

- June 17, 2024
Introduction  The Finance and Insurance (F&I) department, a critical component of any automotive dealership, plays a pivotal role in driving profitability. We all know the F&I staff often grapples with challenges...
Stellantis has announced a series of software products and connected features to elevate customer mobility experiences and expand revenue

Stellantis unveils new software and connected features for its global lineup

- June 14, 2024
Stellantis, encompassing brands like Chrysler, Fiat, and Peugeot, has announced a series of software products and connected features to elevate customer mobility experiences and expand revenue from software and connected...
This surge led to a decrease in new-vehicle days' supply to 74 days at the start of June, indicating the total inventory of unsold vehicles.

May new-vehicle sales surge, reducing days’ supply amid inventory fluctuations

- June 14, 2024
The end of May saw a significant surge in new vehicle sales, a trend largely attributed to the Memorial Day holiday, a pivotal sales period for the automotive market. This...
Federal Reserve holds interest rates steady, impacting auto loans and dealer sentiment

Weekly roundup: Feds holds interest rates, Biden finalizes milder fuel rules, IIHS survey finds majority support speed limit warnings

- June 14, 2024
Earlier this week: The Federal Reserve held interest rates unchanged. The Biden Administration finalized milder fuel economy rules. The majority of U.S. drivers support speed limit warnings in vehicles. A...

Ford hires top EV talent, Ionna establishes HQ in Durham for charging infrastructure, Fed holds rates steady impacting auto loans

- June 13, 2024
Top stories Ford hires top talent from Tesla, Rivian, and more to develop affordable EVs. Read More Ionna establishes headquarters in Durham, NC, to revolutionize EV charging infrastructure. Read More Fisker recalls thousands...
In February, Ford disclosed it's committed to developing an affordable EV platform, comprised of notable talent like Alan Clarke.

Ford hires top talent from Tesla, Rivian, and more to develop affordable EVs

- June 13, 2024
In its bid to introduce more affordable electric vehicles, Ford has aggressively recruited top engineers from leading EV companies like Tesla, Rivian, Apple, and Lucid. This move is part of...
Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders leave its benchmark rate unchanged

Federal Reserve holds interest rates steady, impacting auto loans and dealer sentiment

- June 13, 2024
Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders opted to leave the Fed benchmark rate unchanged. Following the Federal Open Market...
The partnership between Canopy Connect insurance verification technology & Cox Automotive aims to minimize potential fraud risks.

Cox Automotive enhances digital experiences with Canopy Connect partnership – Paulo di Silva & Tolga Tezel

- June 13, 2024
Earlier this month, Cox Automotive and Canopy Connect announced a collaboration to enhance the online car buying experience for consumers and dealerships through insurance verification and servicing. Joining us to...
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