TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%
TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%
TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%


auto industry

CarBravo

Over 800 General Motors dealers have signed up for CarBravo

- May 9, 2022
After opening registration in January, General Motors North America Vice President Steve Carlisle said last week that over 800 auto dealers have agreed to utilize GM's CarBravo platform, which will allow them...

Lucid Group releases Q1 results, says prices will rise in June

- May 9, 2022
Lucid Group released its first-quarter results last week, which showed the luxury electric automaker brought in $57.7 million in revenue and delivered 360 vehicles to its customers. This is a massive increase...
Sonic Automotive

Sonic Automotive’s David Smith discusses semiconductor chips, EchoPark business

- May 9, 2022
Last week, Sonic Automotive's Chief Executive Officer, David Smith, told the Charlotte Business Journal that his company had a great first quarter but is undoubtedly being impacted by the global semiconductor chip shortage.  "It's hard...
Nikola

Nikola Corp. on track to meet production goals for 2022

- May 9, 2022
Nikola Corp. announced last week that it would likely be meeting its delivery projections of between 300 and 500 vehicles this year, citing its ability to obtain the necessary components...

CBT automotive newscast: May 9, 2022

- May 9, 2022
  Inside Automotive: GNYADA Pres. Mark Schienberg on electric cars, OEM direct sales, and the New York Auto Show Today on Inside Automotive, we’re pleased to welcome back Mark Schienberg, President of the...
Adam Marburger

Adam Marburger shares valuable F&I tips and key ideas from his brand new book

- May 6, 2022
Do you get in your own way? It can be a difficult reality to accept, but there are positive changes you can make to get back on track. Joining us...
Stellantis

Stellantis Q1 revenue grows 12%, overall shipments down

- May 6, 2022
Stellantis released its first-quarter results, which showed that revenue had exceeded expectations as it rose 12% despite a 12% drop in vehicle sales. Revenue reached $44.1 billion, as overall shipments fell...

Supply chain update: Not enough chips for chipmaking machines

- May 6, 2022
In a strange catch-22, chipmakers are running out of the chips needed for their chipmaking machines. And it's going to affect everyone unless priorities are changed. Audi, Kia, Toyota, Hyundai, and...
Vroom

Vroom customers highly unsatisfied with retailing experience

- May 6, 2022
Online automotive retailer Vroom is facing scrutiny from thousands of customers who are unsatisfied with the company’s business practices, and legal action has now been taken by the Texas Attorney...
parts suppliers

Soaring commodity costs signal price increases for vehicle parts

- May 6, 2022
Over the past two years, commodity costs have spiked between 200 and 300%, and parts suppliers are feeling the heat. Bosch announced during their annual news earnings conference on Wednesday...


CBT News
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