TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


automotive industry insights

Jade Terreberry joins CBT News to discuss the power of first-party data and the effort to equip dealers with this essential technology.

Maximizing dealership profits with first-party data — Jade Terreberry | Cox Automotive

- October 26, 2023
First-party data, customer information collected and stored by a business, is a powerful tool that allows companies to provide better, more efficient service. But with the digital landscape evolving faster...

The biggest takeaways from dealership and OEM third-quarter reports — Kevin Tynan | Bloomberg Intelligence

- October 26, 2023
Third-quarter reports from the big dealership groups and automakers are in, giving analysts insight into the impact of the ongoing United Auto Workers strike and what the upcoming months have...
U.S. car sales are projected to rise in October surpassing last year's total, but analysts are still concerned about the upcoming months.

October car sales ‘stronger than they appear’ forecasts S&P Global Mobility

- October 25, 2023
Analysts at S&P Global Mobility expect U.S. car sales to rise by the end of October but have expressed concern for the automotive sector should manufacturing and economic headwinds continue...
California's DMV has suspended GM's permit for AV deployment and testing, alleging the company has "misrepresented" the technology's safety

California DMV suspends permits for Cruise’s self-driving robotaxis

- October 25, 2023
California's Department of Motor Vehicles (DMV) revealed it suspended General Motors’ permit for autonomous vehicle (AV) deployment and testing, alleging the company "misrepresented" the technology's safety.  The suspension follows a series...
Rutsy West joins anchor Jim Fitzpatrick at the 2023 Digital Dealer conference to learn how dealers can adopt an ‘Amazon-like’ experience

How dealers are building ‘Amazon-like’ buying experiences – Rusty West | Market Scan

- October 25, 2023
Although the automotive industry and its stakeholders are rapidly adjusting to modern technology, dealers must speed up their processes to meet customers where they are. Rusty West, Co-Founder and President...
Kathryn Schifferle joins CBT News at the 2023 Digital Dealer conference to discuss new opportunities in the commercial vehicle segment.

Why dealers should explore opportunities in the commercial vehicle segment — Kathryn Schifferle | Work Truck Solutions

- October 25, 2023
The commercial vehicle segment presents exciting new opportunities for dealers looking to serve a wider array of consumers and enter new markets. However, many are afraid to take risks on...
General Motors finished Q3 ahead of expectations despite revising its guidance, earning a swift response from the United Auto Workers union.

General Motors’ Q3 report met with new United Auto Workers strike

- October 24, 2023
General Motors on Tuesday included a revised profit forecast for 2023 in its third-quarter earnings report, published hours before the United Auto Workers union announced a new strike against the...
Over the past 11 months, used and electric vehicle affordability improved following years of sharp price increases, according to iSeeCars.com

Rising new vehicle costs drive the demand for used and EV affordability

- October 24, 2023
Over the past 11 months, used and electric vehicle affordability improved following years of sharp price increases, according to iSeeCars.com. While used vehicle costs declined by 5.4% and household income...
Toranto-based Li-Cycle dropped almost 50% following the company pausing to build a first-of-its-kind lithium-ion battery recycling plant. 

Biden-backed battery recycler halts construction on new plant

- October 24, 2023
The share price of Toronto-based Li-Cycle Holdings Corp., which is expected to receive support from the Biden administration, dropped almost 50% when the company said it would pause building a...
Hudson Automotive Group has signed an agreement to purchase five storefronts from Vic Bailey Automotive of Spartanburg.

Hudson Automotive Group to acquire Vic Bailey Automotive of Spartanburg

- October 24, 2023
Hudson Automotive Group is set to acquire South Carolina dealership group Vic Bailey Automotive. According to a Monday press release, the two businesses have already signed an agreement, with a purchase...


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