TSLA348.9503.33%
GM76.420-0.31%
F12.123-0.1175%
RIVN15.4300.19%
CYD42.780-0.06%
HMC24.040-0.33%
TM210.640-0.5%
CVNA336.2439.313%
PAG156.1200.97%
LAD273.1006.56%
AN200.5200.1%
GPI338.1400.03%
ABG204.0001.95%
SAH68.0600.235%
TSLA348.9503.33%
GM76.420-0.31%
F12.123-0.1175%
RIVN15.4300.19%
CYD42.780-0.06%
HMC24.040-0.33%
TM210.640-0.5%
CVNA336.2439.313%
PAG156.1200.97%
LAD273.1006.56%
AN200.5200.1%
GPI338.1400.03%
ABG204.0001.95%
SAH68.0600.235%
TSLA348.9503.33%
GM76.420-0.31%
F12.123-0.1175%
RIVN15.4300.19%
CYD42.780-0.06%
HMC24.040-0.33%
TM210.640-0.5%
CVNA336.2439.313%
PAG156.1200.97%
LAD273.1006.56%
AN200.5200.1%
GPI338.1400.03%
ABG204.0001.95%
SAH68.0600.235%


Auto News

2024 auto industry disruptors, number of dealers selling EVs triples, Cruise lays off 900 workers

- December 15, 2023
Inside Automotive  Dealer association presidents react to Hyundai-Amazon partnership and Biden EV push The last year has been one of the busiest for dealer associations as the industry grapples with a host...
Robotaxi service and General Motors subsidiary Cruise dismissed nine leaders and laid off 900 employees as it grapples with safety inquiries.

Cruise fires 9 leaders, lays off 900 employees amidst safety probes

- December 14, 2023
This week, Robotaxi service and General Motors subsidiary Cruise let go of nine leading team members and revealed it would lay off an additional 900 employees as it faces investigations...
Since 2020, the share of new car dealers selling electric vehicles has risen from 16.5% to 55.1%, defying market headwinds and slow demand.

Number of new car dealers selling electric vehicles triples from 2020

- December 14, 2023
More than half of all car dealers are selling electric vehicles in 2023, according to automotive data platform iSeeCars. Since the onset of the COVID pandemic, the number of non-Tesla dealers...
The Edmunds car buying experts predict that 15.7 million new cars will be sold in 2024 due to competing market pressures.

Edmunds experts predict 3 major industry disruptors for 2024

- December 14, 2023
Analysts from Edmunds predict that 15.7 million new cars will be sold in 2024 due to competing market pressures, which should keep new vehicle sales largely stable. The prediction, calculated...
Colin Carrasquillo, digital marketing director at Nielsen Automotive Group, joins CBT News to discuss his newly acquired 40 Under 40 award.

40 Under 40 Honoree: Colin Carrasquillo | Nielsen Automotive Group

- December 14, 2023
Colin Carrasquillo, digital marketing director at Nielsen Automotive Group and frequent CBT News contributor, was first introduced to the car business after landing one of his first post-college jobs with...
The EV mandate, among other challenges, caught Lusk's attention as a significant initiative that substantially impacted the industry.

EV mandates, affordability concerns are challenging the auto industry – Cody Lusk | AIADA

- December 14, 2023
As we reflect on the year 2023, we recognize that dealers have been met with a myriad of challenges and successes along the way. Today, our spotlight is on international...

New vehicle prices fall in Nov., FTC finalizes CARS rule, Tesla recalls 2 million vehicles

- December 14, 2023
Inside Automotive  EV mandates, affordability concerns are challenging the auto industry – Cody Lusk | AIADA As we reflect on the year 2023, we recognize that dealers have been met with a...
Tesla issued a recall affecting nearly 2 million models sold in the U.S. due to its Autopilot feature, which has caused nearly 1,000 crashes

Tesla recalls 2 million vehicles involving its Autopilot technology

- December 13, 2023
Austin-based EV maker Tesla recently issued a recall affecting nearly 2 million models sold in the U.S. due to its Autopilot feature, which has been involved in nearly 1,000 crashes....
Average new car prices declined in November to 98.3% of MSRP as incentives and discounts rose sharply from last year.

New car prices drop in November as incentives rise, Tesla hit hardest

- December 13, 2023
New car prices trended lower in November as the economy continued its post-pandemic balancing act, benefiting consumers but challenging dealer and automaker earnings. According to data from Cox Automotive's Kelley Blue...
The FTC has voted to pass the CARS rule, banning questionable fees and tactics in car sales but earning a harsh response from the NADA.

FTC and NADA clash over no-junk-fees CARS policy

- December 13, 2023
The Federal Trade Commission (FTC) has voted to implement a new rule banning anti-consumer tactics and unwarranted fees in car sales, prompting a swift and critical response from the National...


CBT News
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