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

Volkswagen

Volkswagen considers expanding Chattanooga plant to make room for EV production

- April 29, 2022
According to an inside source, Volkswagen is currently exploring the possibility of expanding its plant in Chattanooga, Tennessee, to accommodate the production of an electric pick-up truck and the much-anticipated...

Cox Automotive expects a 20% drop in sales year-over-year for April

- April 29, 2022
According to a report this week, Cox Automotive said that sales across all segments would fall in April and total around 1.23 million units, a 20% drop year-over-year and 1.7% less...

CBT automotive newscast: April 29, 2022

- April 29, 2022
Headlines: Auto retailer Sonic Automotive released its first-quarter results yesterday, which noted several record numbers all across the board. Revenue for the quarter increased almost 29% year-over-year to $3.6 billion, while...
Hugh Hathcock

Special Edition: Hugh Hathcock makes $12.6M game-changing donation to University of Florida Athletics

- April 28, 2022
Dealers and vendors within the retail automotive industry have always been known for giving back to their communities and charities in an effort to help others. Every so often, a...
car dealers

Auto sales slowed by limited inventory, but car dealers keep seeing profit

- April 28, 2022
April isn’t shaping up to be as busy as it was a year ago. Continuing to be plagued by only a trickle of new units onto the lot, there isn’t...
Penske

Penske Automotive quarterly results reach all-time record

- April 28, 2022
In its financial results report on Wednesday, Penske Automotive Group, Inc. said it had reached record high numbers for the first quarter. The transportation services and auto retailer firm said...

Group 1 Automotive revenue soars in Q1

- April 28, 2022
Group 1 Automotive, Inc. released its financial results on Wednesday, which showed the international auto retailer posted record numbers for the first quarter. Net income for the quarter reached $202.9...

LMC Automotive and J.D. Power predict decline in new car sales throughout April

- April 28, 2022
LMC Automotive and J.D. Power said in a report on Wednesday that they are predicting a drop in new vehicle sales in the U.S. for the month of April. Analysts...
Lucid sues texas

Lucid Group to provide Saudi Arabia 50,000 electric cars over the next decade

- April 28, 2022
California-based Lucid Group Inc. said this week that the government of Saudi Arabia has agreed to buy at least 50,000 Lucid vehicles throughout the next decade. Saudi Arabia, which owns over a...

CBT automotive newscast: April 28, 2022

- April 28, 2022
Inside Automotive: The 3 most vital elements of customer service today with Shep Hyken Shep Hyken, customer experience expert and New York Times best-selling author, recently released the 2022 Achieving Customer Amazement Study. This study...


CBT News
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