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

Used car prices held steady in September, allowing values to decline at a slower rate in Q3 than in Q2 of 2023.

Used car prices rise in September, balance out in Q3

- October 9, 2023
Used car prices held steady in the third quarter after dropping rapidly in the second, according to Cox Automotive's latest Manheim report. Rising values in September helped buoy used car prices...
Used-car retailer Shift Technologies announces plan to file for Chapter 11 bankruptcy following multiple years of losses.

Shift Technologies stops used-car sales, announces bankruptcy plan

- October 9, 2023
Online used-car dealer Shift Technologies is closing operations and filing for Chapter 11 bankruptcy, according to a company press release. Founded in 2014, California-based Shift Technologies sold preowned vehicles throughout the...
Dennis Gingrich, the Niello Company, joins us to provide an update on the current state of F&I.

A closer look at the digital revolution happening in the F&I office – Dennis Gingrich | The Niello Company

- October 9, 2023
The era of cumbersome approval procedures and conventional paperwork is over. The F&I office of today operates in a time of digitization, personalization, and efficiency. On today's episode of Inside...
Aaron Baldwin joins Driving Solutions to discuss the crucial role technology will play in driving new car sales throughout the fourth quarter.

Make Q4 count: how dealers are using tech to boost new car sales — Aaron Baldwin | automotiveMastermind

- October 9, 2023
As the automotive industry enters the fourth quarter, dealers are forming new strategies to navigate the ever-evolving landscapes of new car sales, particularly in the electric vehicle segment. Despite the...
General Motors has agreed to include EV battery manufacturing in its latest contract offer to the United Auto Workers union.

United Auto Workers scores “transformative win” at GM, delays further strikes

- October 6, 2023
United Auto Workers president Shawn Fain took to social media on Friday afternoon to announce major updates in the union's negotiations with Detroit-Three automakers. Similar to his previous "stand up" livestream,...
Edmunds affordability Cox Automotive reports that new car supply rose to a two-year high by the start of October, despite the ongoing United Auto Workers strike.

New car supply holds steady at Detroit-Three, despite UAW strike

- October 6, 2023
New car supply improved in September, defying concerns that the ongoing United Auto Workers strike would constrain inventory before the fourth quarter. According to Cox Automotive, total new car supply rose...
Tesla is slashing the prices of its Model 3 compact sedan and Model Y SUV in the U.S., intensifying its price war only days after the world's most valuable automaker's third-quarter deliveries fell short of market estimates.

Tesla lowers Model 3/Y prices in the U.S. to fulfill delivery target

- October 6, 2023
Tesla is slashing the prices of its Model 3 compact sedan and Model Y SUV in the U.S., intensifying its price war only days after the world's most valuable automaker's...
The U.S. Treasury Department revealed its proposed guidance for EV tax credits that consumers will be able to obtain starting January 1, 2024

U.S. Treasury Department releases new proposed guidance for EV tax credits

- October 6, 2023
The U.S. Treasury Department revealed its proposed guidance for point-of-sale discounts on electric vehicles that many consumers will be able to obtain beginning January 1, 2024. The EV tax credits saw...
Talks between Detroit-Three automakers and the United Auto Workers union have accelerated since the launch of additional strikes last week.

United Auto Workers talks accelerate, GM prepares for prolonged fight

- October 5, 2023
Talks between Detroit-Three automakers and the United Auto Workers union have accelerated since last week, according to sources familiar with the matter. Reuters on Thursday reported that contract negotiations with Stellantis...
Edmunds reports that new and used car payments reached new heights over the third quarter as the industry braces for more shortages.

New and used car payments break more records in Q3

- October 5, 2023
Car payments for new and used vehicles rose to all-time highs over the third quarter, according to automotive data firm Edmunds. The economic impact of the COVID pandemic has increased the...


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.