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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Training for competition in car sales

Competition for sales is back — but is your sales staff ready to sell again?

- May 1, 2023
U.S. new-vehicle inventory levels rose sharply in December and crested to 1.8 million for the first time since May 2021.¹ That bit of good news has been tempered by an...

April U.S. auto sales, more inflation, Stellantis CEO on EV price war

- May 1, 2023
Inside Automotive Could low sales push automakers to abandon the EV market? - Kevin Tynan | Bloomberg Intelligence All eyes are on the electric vehicle market as automakers, politicians and consumers push...
inflation

March inflation increases 0.3%, in spite of interest rate hikes, bank failures

- April 28, 2023
Newly released economic data suggests that inflation increased in March, as predicted by market analysts. The core personal consumption expenditures (PCE) price index captured a 0.3% rise in the costs of...
Despite robust auto sales, new-vehicle supply closed March at its highest level in two years, but not be enough to bring prices down.

April U.S. auto sales poised to rise on improving inventory levels

- April 28, 2023
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new-vehicle sales, including retail and non-retail transactions, are expected to hit 1,316,500 units in April, representing...
Stellantis

Stellantis will steer clear of Tesla-led EV price war says CEO

- April 28, 2023
Tesla's recent and drastic price cuts on its electric cars in various markets have shaken the global auto industry. However, automaker Stellantis has remained steadfast in its EV strategy and...
Jessica Caldwell CBT Now

Latest trends in auto retail: what Q1 tells us about 2023 — Jessica Caldwell | Edmunds

- April 28, 2023
Automotive retailers are reporting solid results from the first quarter, but will the favorable conditions carry over into the summer? On this edition of CBT Now, Jessica Caldwell, executive director...
The move comes as GM invests approximately $390 million into the Fairfax facility to facilitate the production of the new Chevrolet Bolt EV.

Weekly roundup: Say good-bye to the Chevy Bolt EV, Tesla shareholders unhappy with Musk, California reaches EV milestone

- April 28, 2023
Earlier this week: Production will end for Chevrolet's most affordable EV, the Chevy Bolt; the International Energy Agency (IEA) released its Global EV Outlook for 2023, California reached its ambitious EV...

GM creates new software protocol, Toyota meets production target, Tesla’s pricing strategy draws criticism

- April 28, 2023
CBT Now  Latest trends in auto retail: what Q1 tells us about 2023 – Jessica Caldwell | Edmunds Automotive retailers are reporting solid financial results from the first quarter, but will the...
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...
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...
CBT News
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