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 Retail

third-quarter earnings

Public auto groups report strong third-quarter results

- October 28, 2022
Four of the six public dealer groups released record-breaking third-quarter financial results on Wednesday, including Group 1 Automotive, AutoNation, Asbury Automotive Group, and Sonic Automotive. Group 1 Automotive reported total revenues...
EU

EU approves ban on new combustion engine vehicles by 2035

- October 28, 2022
This week, the European Union made strides towards its plans to phase out the sale of new diesel and gasoline cars and vans after the EU and European Parliament reached...
employee engagement

Why improving employee engagement is vital for long-term retention — Joseph Michelli

- October 27, 2022
You and your managers might not realize how much employee engagement directly impacts the customer experience. Today on CBT Now, we're pleased to welcome back Joseph Michelli, CEO of The...
Tesla

Consumer Focus: Is the Tesla car buying experience really that good?

- October 27, 2022
Tesla has led the market for electric vehicles in the US for many years now. While the company's market dominance will likely decrease as more EV options become available, US...
new car sales Cox Automotive, 2023, interest rates

Oct. new car sales likely to increase and finish with 1.11 million units sold — Cox Automotive

- October 27, 2022
Cox Automotive released its October forecast this week, showing that new car sales volume in the US is likely to increase compared to last year—signaling potential improvements in the new...

Penske Automotive reports record Q3 revenue of $6.9 billion

- October 27, 2022
Penske Automotive Group announced its third-quarter earnings on Wednesday, showing positive growth across almost all measurements. The automotive and commercial truck retailer reported that revenue for the third quarter increased by...

Study shows many car buyers have returned to pre-pandemic shopping habits

- October 27, 2022
CarGurus announced the release of its 2022 Consumer Insights Report on Wednesday, and this year's report includes not only buyer insights but seller insights as well. This edition is the fifth...
Tesla

Tesla shares first glimpse inside California megafactory

- October 27, 2022
To ramp up hiring and recruiting, Tesla CEO Elon Musk shared the first peek at its new Megafactory in Lathrop, California. Musk shared the video on LinkedIn, and it's the first...
technology

Unlock profitability and improve operations with flexible technology partners

- October 26, 2022
Welcome to another edition of our Dealer Forward video series with Cox Automotive, where we talk about some of the most challenging issues affecting the automotive retail industry, and how...
rental fleet

Should your auto dealership run its own rental/loaner car program?

- October 26, 2022
Although dealership groups are bringing in more money these days, inflation is now over 8%, and a recession is causing many dealers to investigate increasing the bottom line. So, should you...


CBT News
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