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

Matt Easton joins CBT Now to discuss a critical mistake that sales professionals make along with best practices for taking care of clients.

Why are sales professionals in a hurry? — Matt Easton | Easton University

- February 16, 2024
Sales professionals have two primary jobs in the dealership: make the customer happy and make the business money. Unfortunately, some companies prioritize the latter so much, that they pressure their...
Sales & Marketing CBT Now
Stellantis saw revenue and profit increase on an worldwide scale but faced challenges in the U.S. stemming from low sales and the UAW strike.

Stellantis full-year profits rise but business stays sluggish in U.S.

- February 15, 2024
Stellantis recorded strong full-year earnings for 2023 on a global scale but struggled to maintain profitability in the U.S. following the United Auto Workers (UAW) strike last October. The automaker recorded...
Articles Headlines
Up-and-coming electric vehicle manufacturer Bollinger Motors will its products through LaFontaine Automotive Group starting later this year.

EV brand Bollinger Motors signs deal with LaFontaine dealership group

- February 15, 2024
Electric vehicle startup Bollinger Motors has formally announced its first-ever retail partnership with LaFontaine Automotive Group, a dealership with multiple locations in Michigan. The new trade deal will supply LaFontaine storefronts...
Articles Headlines
A new electric vehicle credit transfer process has resulted in the distribution of $135 million to car dealers since the start of the year.

Treasury says new electric vehicle credit process seeing early success

- February 14, 2024
The U.S. Department of Treasury has distributed $135 million in electric vehicle credit reimbursements to car dealers since the start of the year after implementing a process that allows consumers...
Articles Headlines
Sonic Automotive recorded impressive financial gains but struggled to maintain momentum across all divisions as profit margins shrank.

Sonic Automotive doubles annual profit as margins face pressure

- February 14, 2024
Sonic Automotive saw earnings and revenues rise over the course of 2023 even as profitability headwinds put downward pressure on margins, according to the company's quarterly and full-year earnings released...
Articles Headlines
On January 24, the United Auto Workers union backed President Joe Biden, a long-awaited move that significantly boosted the president.

UAW endorses Biden, boosting his campaign for reelection

- January 25, 2024
On January 24, the United Auto Workers union backed President Joe Biden, a long-awaited move that significantly boosted the president. The endorsement comes as the Biden campaign entirely shifts its focus...
Headlines Articles
Todd Katcher joins Driving Solutions to discuss how technology is helping dealership employees stay motivated, engaged, and accountable.

Boost your dealership’s profitability with advanced, customizable digital reports — Todd Katcher | Digital Dealership System

- January 23, 2024
More than ever, dealers are relying on technology to help them run their businesses, serve their customers, and help employees reach new heights. But not all tools are created equal:...
Driving Solutions Daily Automotive News
UAW President Shawn Fain condemned Stellantis for terminating 539 temporary workers, calling it "heinous" and "shameful."

UAW Pres. scolds Stellantis for laying off 539 temporary employees

- January 17, 2024
During a recent Facebook livestreaming event, President of the United Auto Workers (UAW), Shawn Fain, referred to Stellantis' recent decision to terminate roughly 539 temporary workers as "heinous" and "shameful,"...
Headlines Articles
VinFast unveiled two cars at the Consumer Electronics Show in Las Vegas this year, both having the potential to succeed in the U.S. market.

VinFast debuts midsize truck and electric utility vehicle at CES for the U.S. market

- January 11, 2024
Vietnamese automaker, VinFast, unveiled two cars at the Consumer Electronics Show (CES) in Las Vegas this year. A midsize pickup truck, similar to the Toyota Tacoma, and a small electric...
Articles Headlines
Kia, Ford, and Toyota dominated their segments at the 2024 North American Car, Truck, and Utility of the Year awards.

Kia, Ford, Toyota models dominate auto segments at NACTOY

- January 5, 2024
The winners of the 2024 North American Car, Truck, and Utility of the Year (NACTOY) awards are now finalized, offering insight into the vehicles re-defining their segments. NACTOY award recipients are...
Articles Headlines

Latest Articles

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UAW faces tougher 2028 talks, Credit access hits 11-year high, turn spectators into buyers
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CDK CONNECT showcases AI, data, and seamless workflows to drive dealer efficiency and profitability
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UAW's Shawn Fain faces tougher 2028 contract talks after re-election
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Acura plans 3 new SUVs, including 2028 RDX hybrid
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Credit access hits 11-year high as loan terms grow longer than ever
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CBT News
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