TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


auto industry news

CDK Global has agreed to pay $630 million to settle antitrust claims accusing the company of inflating prices for software vendors accessing dealership data.

CDK Global settles antitrust claims for $630 million amid data access disputes

- January 28, 2025
CDK Global has agreed to pay $630 million to settle antitrust claims accusing the company of inflating prices for software vendors accessing dealership data. CEO Brian MacDonald stated that the...
Sony Honda Mobility partners with FireAid to host a benefit concert to fundraise for communities impacted by the L.A. wildfires.

Sony Honda Mobility teams up with FireAid to support wildfire relief

- January 28, 2025
Sony Honda Mobility America (SHMA) is partnering with the FireAid benefit concert to bring the biggest names in entertainment together for an evening of music and a show of solidarity...
Elon Musk's controversial hand gestures at Trump's inauguration and speech at a German AfD rally sparked calls for a Tesla boycott in Europe.

Demands for Tesla boycott emerge in Europe amid Musk’s controversial comments

- January 28, 2025
Demands for a Tesla boycott are now circulating in Europe following Elon Musk's controversial appearances and remarks, which have sparked a significant backlash. His involvement in political affairs and comments...
Adam Marburger shares three critical steps to help F&I professionals convert outside lien cash deals and boost profits.

Adam Marburger’s three-step process to overcome outside lien cash deals

- January 28, 2025
There's nothing worse for an F&I manager than thinking that a customer is paying cash for a vehicle, only to realize later that they received financing and insurance from an...
General Motors continues to reduce the headcount of its workforce under a new performance evaluation system.

GM slashes more salaried jobs under new performance evaluation system

- January 27, 2025
General Motors (GM) is intensifying efforts to streamline its salaried workforce under a revamped performance evaluation system. On Friday, dozens of salaried workers were laid off, and it's highly likely...
The latest data from J.D. Power and GlobalData project that new-vehicle sales will rise by 4.4% year-over-year in January.

New-vehicles sales expected to soar in 2025

- January 27, 2025
According to the latest data from J.D. Power and GlobalData, new-vehicle sales–including both retail and non-retail– for January 2025 are projected to rise to 1,105,900 units, reflecting a 4.4% year-over-year...

Erin Kerrigan breaks down buy-sell market trends and dealer sentiment

- January 27, 2025
In today's episode of CBT Now, Erin Kerrigan, founder and managing director of Kerrigan Advisors, joins us to discuss the outlook of the buy-sell markets and sentiment amongst dealers nationwide. The...
Hyundai reports 2024 annual and Q4 results

Hyundai reports weak Q4 profits amid sluggish sales and U.S. warranty costs

- January 24, 2025
Hyundai Motors released its 2024 annual and fourth-quarter business results, revealing a year of mixed performance. While total vehicle sales dipped, the automaker achieved significant revenue growth and increased its...
Mitsubishi sues Washington-based dealer for failure to comply with Visual Identity Program and redirecting cars to competitor service center.

Mitsubishi sues Washington dealership for noncompliance and contract breach

- January 24, 2025
Mitsubishi Motors North America has taken a significant step by filing a federal lawsuit against Karmart Mitsubishi. The lawsuit, which alleges breach of contract and trademark standards, could have serious implications...
Ford recalls over 270,000 Bronco Sport and Maverick vehicles due to battery failure, raising concerns about safety and brand reputation.

Ford recalls over 270K Bronco Sport, Maverick vehicles over battery failure

- January 24, 2025
The National Highway Traffic Safety Administration (NHTSA) reported that Ford recalled 272,817 U.S. vehicles due to battery failure. According to the documents that Ford submitted to NHTSA, a manufacturing defect...


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