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

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...
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...
inflation

U.S. adults are changing financial decisions due to inflation, according to First Insight study

- May 6, 2022
According to a recent report from First Insight, a staggering 97% of 1,000 U.S. adults surveyed indicated they are shifting their financial decisions to accommodate high inflation. Overall, 75% of respondents said...
U.S. Department of Energy

U.S. Department of Energy allocates $45M to EV battery development

- May 6, 2022
The U.S. Department of Energy announced this week that it would be allocating $45 million to develop electric vehicle batteries that will be more affordable and last longer. The funding is part...
Price

How to get your used car inventory back in shape for maximum performance

- May 5, 2022
Welcome to this week's episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer interviews,...
Fed

Fed raises interest rates by half a percentage point, aims to cool inflation

- May 5, 2022
On Wednesday, May 4, the Federal Reserve announced another target interest rate hike intending to quell inflation wreaking havoc American economy. The Fed's target rate range jumps from 0.75% to...


CBT News
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