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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parts suppliers

Soaring commodity costs signal price increases for vehicle parts

- May 6, 2022
Over the past two years, commodity costs have spiked between 200 and 300%, and parts suppliers are feeling the heat. Bosch announced during their annual news earnings conference on Wednesday...
inflation

U.S. adults are changing financial decisions due to inflation, according to First Insight study

- May 6, 2022
According to a recent report from First Insight, a staggering 97% of 1,000 U.S. adults surveyed indicated they are shifting their financial decisions to accommodate high inflation. Overall, 75% of respondents said...
U.S. Department of Energy

U.S. Department of Energy allocates $45M to EV battery development

- May 6, 2022
The U.S. Department of Energy announced this week that it would be allocating $45 million to develop electric vehicle batteries that will be more affordable and last longer. The funding is part...

CBT automotive newscast: May 6, 2022

- May 6, 2022
Inside Automotive: Adam Marburger shares valuable F&I tips and key ideas from his brand new book Do you get in your own way? It can be a difficult reality to accept, but...
Price

How to get your used car inventory back in shape for maximum performance

- May 5, 2022
Welcome to this week's episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer interviews,...

Florida dealer AJ Hiers on the future of the franchise dealership model

- May 5, 2022
Is the franchised dealer structure coming under attack? Today on Inside Automotive, we’re pleased to welcome AJ Hiers, President of Boniface Hiers Automotive Group to give us his take on...
Fed

Fed raises interest rates by half a percentage point, aims to cool inflation

- May 5, 2022
On Wednesday, May 4, the Federal Reserve announced another target interest rate hike intending to quell inflation wreaking havoc American economy. The Fed's target rate range jumps from 0.75% to...
Volvo

Volvo announces a 25% drop in sales for April

- May 5, 2022
Volvo Car Group said this week that its sales for April totaled 47,150, down 24.8% year-over-year. Overall, sales dropped 47.8% in China, U.S. sales fell by 9.2%, and European sales dropped 23.3%.  Last...
service customers

8 strategies for winning over out-of-warranty service customers

- May 5, 2022
While the average passenger vehicle on the road in the U.S. today is increasing in age – hitting more than 12 years old in 2020 – the number of annual...
Apple

Apple hires former Ford director for self-driving vehicle development

- May 5, 2022
Sources told Bloomberg this week that Apple Inc. has hired Desi Ujkashevic to help the tech giant on its so-called Apple Car Project, which aims to develop a self-driving vehicle. Ujkashevic recently retired from...
CBT News
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