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%


automotive industry insights

Jeff Dyke joins Inside Automotive to discuss how Sonic Automotive achieved its third most profitable year in 2023.

Balancing growth to maximize dealership competitiveness — Jeff Dyke | Sonic Automotive

- March 13, 2024
In 2023 Sonic Automotive, one of the nation’s largest automotive retailers, saw an all-time record annual revenue of $14.4 billion despite some challenges, like the closing of its Northwest Motorsport...
Veronica Dunford joins CBT News for the first episode of Women Driving the Industry, to discuss the importance of Women in Automotive.

How to fight the ‘boy’s club’ mentality in the automotive sector — Veronica Dunford | Women in Automotive

- March 13, 2024
Thanks to efforts from across the car industry, there are an increasing number of women in automotive roles, adding fresh prespectives to the business and helping it continue to grow....
New vehicle prices weakened in February as incentives, sales, and inventory surged, making the market more consumer friendly.

New vehicle prices continue falling in February as sales pace accelerates

- March 12, 2024
New vehicle prices dropped again in February, progressing toward pre-pandemic averages while sales and inventory improved. According to Cox Automotive, the average new vehicle transaction price in February was $47,244, 2.2%...
The IIHS declared that there is no evidence that Autopilot or other assisted-driving systems improve real-world safety based on crash data.

Tesla Autopilot, 9 other assisted-driving systems receive “poor” rating from IIHS

- March 12, 2024
The U.S. Insurance Institute for Highway Safety published a report on March 12 that gave Tesla's Autopilot and Full Self-Driving technology, along with nine other assisted-driving systems used by major...
Electricity has been restored to Tesla's German-based Gigafactory one week after a suspected sabotage took out a nearby pylon.

Tesla’s Gigafactory Berlin back online after suspected arson

- March 12, 2024
A Tesla Gigafactory close to Berlin has regained electricity after a fire, believed to be caused by arson, disabled a nearby pylon last week. Following several days of work, German utilities...
Group 1 Automotive announced the acquisition of Modern Classic Motors in Hilton Head, South Carolina adding $140 million in revenue.

Group 1 expands with Modern Classic Motors acquisition in South Carolina

- March 12, 2024
On March 11, Group 1 Automotive, one of the nation's leading auto retailers, announced the acquisition of Modern Classic Motors in Hilton Head, South Carolina.  The transaction includes three franchises, all...
GM has resumed its 2024 Blazer EV sales after an 11-week halt to fix software flaws. It has also slashed the starting price of the vehicles

GM resumes 2024 Blazer EV sales, slashes starting price by over $6,000

- March 11, 2024
General Motors (GM) has resumed its 2024 Blazer EV sales after an 11-week halt to fix software flaws. In an effort to boost sales, the automaker has reduced the starting...
Used electric vehicle prices are falling much master than the average preowned car, largely due to strategies adopted by Tesla.

Tesla leads the pack as used electric vehicle prices plummet

- March 11, 2024
Used electric vehicle prices have plummeted over the last year, driven primarily by Tesla and its efforts to spur demand with better affordability. According to automotive analytics platform iSeeCars.com, the average...
The NHTSA says it is investigating Honda after receiving reports of crashes allegedly caused by automatic emergency braking errors.

NHTSA investigating Honda over automatic emergency braking issues

- March 11, 2024
Honda is facing a government probe following reports that some of its vehicles' automatic emergency braking systems were causing drivers to crash. According to a report filed by the National Highway...
Brian Moody joins Inside Automotive to discuss the ongoing trend of declining new vehicle prices and why this might actually help dealers.

New vehicle prices are falling. Why aren’t dealers worried? — Brian Moody | Cox Automotive

- March 11, 2024
New vehicle sales are holding steady in the U.S. as dealers prepare for a busy market in the months ahead. Unfortunately, the same can not be said for prices, which,...


CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.