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

Digital channel users score higher in satisfaction, Net Promoter Scores, and lower service costs, according to J.D. Power study.

Digital engagement is crucial for customer satisfaction and cost savings

- November 15, 2023
Digital channels have emerged as the most efficient and effective way for auto lenders to maintain or grow their profitability despite the current macroeconomic conditions. Customers who use digital channels...
With Thanksgiving vastly approaching, Columbia Gorge Toyota and Honda utilized social media to promote its 3rd annual Turkey Trot 5K Benefit.

Columbia Gorge dealership promotes its Turkey Trot 5K via TikTok Challenge

- November 15, 2023
With Thanksgiving rapidly approaching, the Columbia Gorge Toyota and Honda dealerships utilized social media to promote their third annual Turkey Trot 5K Benefit Walk/Run by sharing a humorous TikTok video that...
Stellantis buyout offer

Stellantis to offer 6,400 U.S. employees voluntary buyouts after UAW contract

- November 14, 2023
On November 13, Stellantis announced that to reduce expenses while embracing a new United Auto Workers contract and preparing for the switch to electric vehicles, it's offering voluntary buyouts to...
A new study by the IIHS has discovered a concerning link between cars with higher, flatter front-end designs and pedestrian death rates.

Pedestrian casualties linked to hood shape, height among trucks and SUVs

- November 14, 2023
A new study from the Insurance Institute for Highway Safety (IIHS) examining traffic accidents involving pedestrians discovered significantly higher fatality rates among vehicles with taller fronts than smaller passenger vehicles. While...
Hyundai has announced plans to boost worker pay in the U.S. in response to record-setting contracts won by the United Auto Workers union.

Hyundai follows Honda, Toyota in raising worker pay

- November 14, 2023
Hyundai plans to increase employee wages in the U.S., following in the footsteps of Honda and Toyota as non-unionized automakers respond to the United Auto Workers strike. The South Korean automaker...
Fisker announced a third-quarter loss that exceeded Wall Street's expectations and stated it only shipped roughly 1,100 Ocean electric SUVs.

Fisker’s third-quarter results: larger losses and disappointing deliveries

- November 14, 2023
On November 13, electric vehicle company Fisker announced a third-quarter loss that exceeded Wall Street's expectations and stated that it only shipped roughly 1,100 Ocean electric SUVs during the period....
In early October, the California New Car Dealers Association’s 2023 Franchise Bill (AB 473) was signed into law, strengthening franchise laws in the state.

California’s new franchise law: what dealers need to know – Brian Maas | CNCDA

- November 14, 2023
In early October, the California New Car Dealers Association’s (CNCDA) 2023 Franchise Bill (AB 473) was signed into law, strengthening dealership rights in the state. Brian Maas, the President of...
David Simches joins Inside Automotive to discuss the latest trends impacting used car sales and what retailers should know heading into 2024.

Key strategies to prepare for the 2024 used car market — David Simches | Crown Automotive Group

- November 14, 2023
Used car dealers have faced numerous challenges over the last three years as they have navigated a fluctuating industry landscape and considerable economic headwinds caused by the COVID pandemic. To...
Sheldon Sandler joins CBT Now to discuss the crucial but often overlooked role real estate plays when attracting dealership buyers.

The role of real estate in the dealership buy-sell transaction — Sheldon Sandler | Bel Air Partners

- November 14, 2023
When it comes to selling their business, many dealers overlook a critical component of the transaction: real estate. With mergers-and-acquisitions activity still lagging behind its pre-pandemic pace, retailers will need...
Tesla made a deal to sell its Supercharger under the EG Group, a central gas station, marking the second agreement of its kind.

Tesla signs second major deal to sell its Supercharger

- November 13, 2023
Tesla has agreed to sell its Supercharger under the EG Group, a central gas station and convenience store operator. The deal marks the second of its kind that Tesla has...


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