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

Discover insights from Tiffany Bova on tackling redundant processes hindering business growth and streamline operations for success.

Tiffani Bova explains how to overcome redundant processes for dealership growth

- March 8, 2024
Too many redundant processes in a dealership can hinder the store's overall growth. On the latest episode of CBT Now, Tiffani Bova, a Growth Strategist, Keynote Speaker, Wall Street Journal...
Discover how dealerships are adapting to the current sales environment with comprehensive training and leadership support.

The vital role of sales and BDC training in today’s automotive market – Sean V. Bradley | Dealer Synergy

- March 8, 2024
As the dust settles post-NADA Show, dealerships are buzzing with revitalized passion for the road ahead. However, the emphasis on effective training should not be underestimated. Joining us on the...
Scott Gunnell joins Driving Solutions to discuss the main headwinds in the dealership F&I sector and the solutions necessary to succeed.

Innovating for short and long-term F&I headwinds — Scott Gunnell | JM&A Group

- February 19, 2024
F&I (finance and insurance) continues to be one of the most important departments in the dealership, driving both revenue and customer satisfaction. But just as the rest of the car...
Cruise has lost yet another key leader as it continues to navigate the fallout of a mishandled traffic incident last October.

Cruise VP of robotaxi hardware development abruptly resigns

- February 16, 2024
Carl Jenkins, senior vice president for autonomous vehicle platforms at General Motors' Cruise robotaxi division, has resigned, marking the latest in a series of leadership withdrawals at the embattled self-driving...
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...
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...
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...
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...
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...
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...


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