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

Melinda Zabritski joins CBT Now Experian has released new data showing that the average loan amount for both new and used vehicles has decreased in the third quarter.

Data shows a decline in average auto loan amounts: What it means for dealers – Melinda Zabritski | Experian

- December 21, 2023
Experian has released new data showing that the average loan amount for both new and used vehicles decreased in the third quarter of 2023. In the latest episode of CBT...
Daily Automotive News CBT Now
Eric DeMont and Shaun Kniffin join Driving Solutions to discuss the power of data and collaboration in a rapidly evolving automotive market.

Why collaboration is key to leveraging dealership data — Shaun Kniffin & Eric DeMont

- December 21, 2023
Over the past few years, adaptation and collaboration have become essential elements for dealerships as data continues to play a bigger and bigger role in the automotive retail business. One...
Driving Solutions Sales & Marketing
Tesla

Tesla allegedly ignored evidence of vehicle defects, blamed drivers for “chronic failures”

- December 20, 2023
Tesla has allegedly attributed part failures to poor driving habits, charged customers for repairs stemming from potential defects, and skirted regulatory intervention despite knowing the components were flawed, according to...
Articles Headlines
Robert Potamkin leaves behind his wife of 43 years, Lexie, alongside his brother, Alan Potamkin, five children, and two grandchildren.

Robert Potamkin, dealer legend and philanthropist, passes away

- December 20, 2023
Robert Potamkin, retail automotive legend and co-chair of the Potamkin Automotive Group, passed away on November 30 at the age of 77. He leaves behind his wife of 43 years, Lexie,...
Articles Headlines
Glenn Pasch joins Inside Automotive to discuss the most important automotive marketing trends dealers should know before 2024.

The best (and worst) automotive marketing strategies for 2024 — Glenn Pasch | PCG Digital

- December 20, 2023
The car market is slowly falling back into its old habits, which means more competition, increased incentives, and bigger automotive marketing budgets. But when it comes to marketing, whether on...
Featured Sales & Marketing
Tesla plans to boost pay at its Nevada Gigafactory as it looks to compete with Detroit-Three wages and fend off unionization campaigns.

Tesla boost pay in Nevada as UAW targets non-union automakers

- December 19, 2023
Tesla plans to boost pay at its Nevada Gigafactory in 2024, becoming one of the last non-unionized automakers to increase compensation in the aftermath of the United Auto Workers (UAW)...
Articles Headlines
Monthly CPO sales improved over last year in November while falling only 0.6% from October, compared to 12.8% in the used vehicle market.

CPO sales show resilience in final weeks of 2023

- December 19, 2023
Sales of certified pre-owned (CPO) vehicles increased in November on a year-over-year basis but fell just short of October's pace as the retail automotive sector contends with modest end-of-year slowdowns...
Articles Headlines
Trevor Milton, Nikola's founder, was given a four-year prison sentence. Earlier a jury found him guilty of deceiving investors.

Judge finds Nikola founder guilty of defrauding investors, remains free on bail

- December 19, 2023
On December 18, Trevor Milton, the founder of Nikola, an electric and hydrogen-powered truck manufacturer, was given a four-year prison sentence. Earlier this year, a jury found him guilty of...
Headlines Articles
Kevin Tynan joins Inside Automotive to share his predictions for the New Year and take a look back at the last 12 months of car sales.

The profit and inventory trends dealers will see in the New Year — Kevin Tynan | Bloomberg Intelligence

- December 19, 2023
After a tumultuous year, dealers are speculating over what the New Year has in store for the retail automotive sector. Will the industry continue to see pre-pandemic conditions return, or...
Featured Daily Automotive News
Jonathan Jordan and Zach Williams join Driving Solutions to show how JM&A Group's Virtual F&I solution can improve the car-buying experience.

How virtual F&I improves the in-store car-buying experience

- December 19, 2023
Throughout the year, dealership financing and insurance (F&I) departments have been navigating tough issues from high interest rates to increased frustrations with the car-buying experience. Going into 2024, dealers will...
Featured Driving Solutions


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CBT News
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