TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%


auto industry news

General Motors posted strong first quarter earnings this week, offsetting declines in sales with better pricing.

General Motors profits rise in Q1, 2024 earnings forecast revised

- April 23, 2024
General Motors beat analyst estimates in its first quarter earnings report, scoring a significant profit boost despite seeing a decline in year-over-year sales. The Detroit automaker reported a net income of $3...
Articles Headlines
Stellantis has laid off 199 full time workers at its Detroit plant producing the Ram 1500 vehicles, as part of cost-cutting efforts.

Stellantis slashes 199 jobs at Detroit plant producing Ram 1500 amid market challenges

- April 23, 2024
Stellantis has laid off 199 full-time workers at its Sterling Heights Assembly Plant in Detroit, which produces the Ram 1500. This is part of the company's ongoing efforts to reduce...
Headlines Articles
On this episode of Loyalty-Based Sales Strategies, Jen Suzuki shares a framework for improving engagement during your sales coaching.

Elevate and educate: taking your service and sales coaching to the next level

- April 23, 2024
Welcome to another episode of Loyalty-Based Sales Strategies on CBT News with host Jen Suzuki, president of eDealer Solutions, sales coaching veteran, and NADA Academy guest instructor. In this episode,...
Featured Loyalty-Based Sales Strategies
Tesla is cutting the price of its FSD service as it looks to bolster demand amidst a cooldown in electric vehicle sales.

Tesla heavily discounts FSD price as Q1 earnings report looms

- April 22, 2024
Tesla has drastically lowered the lifetime price of its Full Self Driving (FSD) service ahead of the company's quarterly earnings report scheduled to be released on April 23. The electric vehicle...
Articles Headlines
Steve Burke and Becky Chernek join CBT Now to discuss a revolutionary approach that gives dealers control over their auto loans process.

Take back control of your dealership’s auto loan process

- April 22, 2024
On this episode of CBT Now, host Jim Fitzpatrick is joined by Steve Burke, CEO of Agora Data, and Becky Chernek, finance and insurance (F&I) expert, to discuss how innovative...
Featured CBT Now
Nissan has lowered its profit forecast due to a variety of factors ranging from shipping delays to increased competition in the U.S.

Nissan cuts profit forecast but still expects to beat prior year by wide margin

- April 19, 2024
Nissan has lowered its profit forecast for the fiscal year ended in March due to missed global sales targets. The Japanese automaker revealed the adjustment on Thursday, cutting its 2023 net...
Articles Headlines
April's new vehicle inventory levels remain well ahead of last year but are held back by strong demand.

New vehicle days’ supply shrinks as affordability drives demand

- April 19, 2024
New vehicle inventory was stable month-over-month in early April due to a sizeable increase in demand but remained far ahead of prior-year levels thanks to the recovery of OEM production. Cox...
Articles Headlines
Mexico will not provide government subsidies to Chinese automakers due to pressures from U.S. officials, one report claims.

Mexico denies BYD, other Chinese car makers, access to incentives

- April 18, 2024
Mexico has reportedly denied Chinese automakers access to government incentives due to pressures from U.S. officials. According to a Reuters report, Mexican officials met with BYD, a major Chinese automaker, in...
Articles Headlines
Used vehicle prices at auction declined in the first two weeks of April as sales cooled off from a tax-season-fueled surge.

Wholesale used vehicle prices slip in early April as sales pace slows

- April 18, 2024
Used vehicle prices at auction declined again in the first half of April as the average pace of sales slowed following a burst of demand in March. The total month-over-month decline...
Articles Headlines
The recent uptake of cars based on hydrogen fuel cell technology is declining in the United States, especially in California.

Hydrogen fuel cell car sales plummet amidst stiff competition from EVs

- April 17, 2024
The recent uptake of cars based on hydrogen fuel cell technology is declining in the United States, especially in California, where the availability of series-produced models is high. The Hydrogen Fuel...
Articles Headlines

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