TSLA420.735-15.055%
GM81.820-1.42%
F16.895-0.545%
RIVN16.8220.5222%
CYD57.1800.46%
HMC26.135-0.855%
TM182.500-7.45%
CVNA69.625-3.375%
PAG167.035-0.335%
LAD288.280-2.61%
AN187.220-0.5%
GPI310.500-5.84%
ABG182.740-4.97%
SAH81.810-0.81%
TSLA420.735-15.055%
GM81.820-1.42%
F16.895-0.545%
RIVN16.8220.5222%
CYD57.1800.46%
HMC26.135-0.855%
TM182.500-7.45%
CVNA69.625-3.375%
PAG167.035-0.335%
LAD288.280-2.61%
AN187.220-0.5%
GPI310.500-5.84%
ABG182.740-4.97%
SAH81.810-0.81%
TSLA420.735-15.055%
GM81.820-1.42%
F16.895-0.545%
RIVN16.8220.5222%
CYD57.1800.46%
HMC26.135-0.855%
TM182.500-7.45%
CVNA69.625-3.375%
PAG167.035-0.335%
LAD288.280-2.61%
AN187.220-0.5%
GPI310.500-5.84%
ABG182.740-4.97%
SAH81.810-0.81%

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Rivian has received an $827 million incentive package to expand its Illinois electric vehicle manufacturing facility.

Rivian gets millions in state incentives for Illinois factory expansion

- May 3, 2024
Rivian Automotive announced this week that it has secured an $827 million incentive package from Illinois, intended to fund an expansion at its Normal facility.  This boost comes at a critical juncture...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

A closer look at Qatar’s vision for a high-tech, mobile future

- May 3, 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the...
In this week's top automotive stories, AutoNation and Penske Automotive saw profits slide during the first quarter on weaker pricing.

Automotive weekly roundup: dealer group profits fall, emergency brake rule, Ford University launch

- May 3, 2024
Earlier this week: AutoNation and Penske Automotive reported first quarter earnings this week, revealing notable declines in profitability. The National Highway Traffic Safety Administration finalized a rule requiring automakers to...
New car prices have surged by over 30 percent in the past five years, pointing to a future that looks similar to the past.

Beyond Reach: How new car prices are leaving consumers behind

- May 2, 2024
What if you could predict the future? Imagine if that prediction wasn't based on some crystal ball but rather on a keen observation of the past, coupled with an awareness...
In this article, we'll explain how to use QR codes as part of your dealership's marketing plan, to better get messages out to more people.

4 ways to incorporate QR codes into your dealership marketing strategy

- May 2, 2024
We are sure you've seen these little grids on posters or mail pieces. These are QR codes, and they are rather versatile and straightforward to use paths to websites and...
AI technologies shouldn’t be used as isolated systems. But instead, as an integral component of your fixed ops department’s overall approach.

Using AI to drive more fixed ops revenue

- May 2, 2024
The fixed ops department is the lifeblood of most dealerships. But this vital profit center continuously faces challenges from rising customer expectations, ever-changing vehicle technology, and competitive pressures. Exploring optimization...
Ford University is a new platform aiming to boost knowledge proficiency amongst dealership sales teams through a high-tech education approach.

Ford University to boost employee engagement, fill knowledge gaps

- May 1, 2024
Ford's new training platform, Ford University, aims to leverage artificial intelligence and modernized education practices to boost dealership employee knowledge and prepare the retail automotive sector for the future of...
Aftermarket service providers saws higher customer satisfaction scores in 2024, posing a challenge to dealer-operated service centers.

Aftermarket service shops see higher ratings in 2024

- May 1, 2024
Customer satisfaction with aftermarket service providers improved this year, intensifying the rivalry between franchised dealers and third-party repair and maintenance shops. After tracking a rating decline in 2023, J.D. Power reported...

Why every car dealership needs an upskill plan for their staff

- May 1, 2024
Has The Great Resignation impacted your dealership? Are you concerned that it might? Well, offering opportunities for your dealership staff to upskill and expand their skill sets could be the...
In this week's top automotive stories, AutoNation and Penske Automotive saw profits slide during the first quarter on weaker pricing.

AutoNation posts Q1 earnings, profitability slides

- April 29, 2024
AutoNation saw a slight improvement in quarterly revenue but struggled to maintain profitability due to price drops during the January-through-March period. The dealership group reported first-quarter revenues of $6.5 billion, up...