TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%
TSLA433.5907.58%
GM79.7901%
F15.3250.395%
RIVN14.3900.17%
CYD59.0401.69%
HMC26.420-0.05%
TM190.0901.01%
CVNA70.1501.87%
PAG166.5901.86%
LAD283.0506.47%
AN191.7601.78%
GPI329.6303.45%
ABG190.0202.3%
SAH78.6900.53%


auto industry

Harris picks Walz as running mate, Honda sees 23% Q1 profit surge, TrueCar’s losses shrink despite cyberattack

- August 7, 2024
Top stories Kamala Harris chooses Minnesota Governor Tim Walz as running mate. Honda reports 23% Q1 profit increase amid strong U.S. hybrid sales and weaker yen. Read More TrueCar's net losses shrink...
TrueCar reported improved financial results in the second quarter despite facing vehicle sales slowdowns among dealers affected CDK Global

TrueCar’s net losses shrink despite CDK Global cyberattack impact

- August 7, 2024
TrueCar reported improved financial results in the second quarter despite facing vehicle sales slowdowns among dealers affected by the CDK Global cyberattacks. The vehicle listings company posted a net loss...
Before joining Cox Automotive, Kraft led marketing and sales operations at Cox Business, the commercial services of Cox Communications.

Cox Automotive expands Ken Kraft’s role to lead sales and marketing

- August 7, 2024
Cox Automotive has announced an expanded leadership role for Executive Vice President and Chief Marketing Officer Ken Kraft, who will oversee the company’s sales organization. Kraft will continue to report...
In 2024, franchised car dealerships face challenges due to economic uncertainties, consumer behaviors, and rapid technological advancements.

Practical ways to boost sales

- August 7, 2024
In 2024, franchised new car dealerships face many challenges to their operations. The automotive sales landscape is more competitive than ever, from economic uncertainties to shifting consumer behaviors to rapid...

Florida Auto Dealers assess storm Debby, Lucid gains $1.5B investment, Nissan cuts U.S. workforce

- August 6, 2024
Top stories Florida Auto Dealers assess the impact of Tropical Storm Debby. Lucid secures $1.5 billion investment from Saudi Arabia's Public Investment Fund to boost SUV production. Read More Nissan cuts U.S....
Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5B in cash

Lucid secures $1.5 billion investment from Saudi Arabia’s PIF to boost SUV production

- August 6, 2024
Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5 billion in cash to ramp up production of a...
Nissan is set to cut its U.S. salaried workforce through a voluntary severance program as it faces declining fortunes.

Nissan cuts U.S. salaried workforce amid market struggles

- August 6, 2024
Nissan is set to reduce its U.S. salaried workforce through a voluntary severance program as the automaker faces declining fortunes in its second-largest market. The program targets white-collar employees, with...
Uber exceeded Wall Street estimates for Q2 revenue and core profit, driven by steady demand for its ride-sharing and food-delivery services.

Uber beats wall street estimates with strong Q2 performance

- August 6, 2024
Uber exceeded Wall Street estimates for second-quarter revenue and core profit, driven by steady demand for its ride-sharing and food-delivery services. The company’s shares rose 5% in pre-market trading following...
Sean Gardner joins CBT Now to share the key tactics successful salespeople use to navigate the trade-in process and close more deals.

Transforming ‘out-the-door’ price objections – Sean Gardner

- August 6, 2024
On the latest episode of CBT Now, we feature Sean Gardner, an esteemed instructor and sales trainer from the Joe Verde Group. Today, Gardner shares his expert insights on handling...
Join Adam Marburger as he shares strategies and insights to transform your F&I operations with the four pillars of F&I success.

Adam Marburger’s ‘Black Belt Road to Sale’ for F&I success

- August 6, 2024
Welcome back to CBT News' Training Camp, where today we have the esteemed Adam Marburger, a seasoned F&I professional, sharing his insights on the crucial but often overlooked topic of...