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

Lordstown

Lordstown Motors announces first profitable quarter thanks to sale of assets

- August 5, 2022
Yesterday, Lordstown Motors announced its first profitable quarter of $61.3 million, but not from selling electric vehicles. After selling some of its assets, including its Ohio production plant, to Taiwanese manufacturer Foxconn, Lordstown...
Fisker

Fisker to start production on 56,000 Ocean EV SUV reservations later this year

- August 5, 2022
California electric vehicle startup, Fisker, announced that they have 56,000 reservations for its newest vehicle, the Ocean EV SUV. According to Fisker's second quarterly earnings, they suffered a loss per share...
auto sales

High transaction prices, supply chain woes stifle July auto sales

- August 4, 2022
According to Cox Automotive, July’s new auto sales will likely see a 2.1% drop compared to last month and a 13% decrease compared to the same time last year.  Cox Automotive...
digital retailing

Should dealers consider a separate digital retailing brand for their used car business?

- August 4, 2022
With Tesla's success and plans and comments from OEMs like Ford CEO Jim Farley, there's no question that digital retailing from automakers may soon be on the rise in the industry....
Stellantis

Stellantis invests $99 M into North American hybrid vehicle production

- August 4, 2022
Automaker Stellantis is reportedly investing a total of $99 million in three North American plants to produce turbo engines for its new hybrid vehicle models.  The state of Michigan will receive most of...
carmakers

Carmakers say pending climate action bill presents more barriers than opportunities

- August 4, 2022
Carmakers, including Ford, General Motors, and Toyota, are unhappy with the new pending clean energy bill since it might disqualify many of their vehicles and customer base from taking advantage of...
Super Cruise

GM expands Super Cruise coverage by 400,000 miles

- August 4, 2022
General Motors has revealed that its "hands-free" advanced driver-assist system (ADAS), Super Cruise, is going to cover 400,000 miles across North America by the end of 2022. US regulators and legislators...

How will EVs affect your service department?

- August 2, 2022
As dealers grapple with the impact that electric vehicles will have on their business, the one topic that is often glossed over is, what will these vehicles do to the...

Minority franchise dealers increased by almost 9% in 2021, NAMAD data shows

- July 29, 2022
According to the National Association of Minority Automobile Dealers (NAMAD), the number of minority franchised dealerships rose by almost 9% from 2020 to 2021. There were a little over 1,250 minority...
online ads

5 ways to make your online ads stand out

- July 28, 2022
In a recent Think with Google "At a Glance" article that may have popped into your inbox, they discussed five key strategies to better car ads. You may want to check...


CBT News
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