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 news

The Presidio Group

The Presidio Group exclusively facilitates the sale of two Mercedes-Benz dealerships in Mississippi and Tennessee to Lithia Motors

- June 10, 2025
JACKSON, Miss. — June 10, 2025 — The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility...
TSD Mobility

TSD Mobility and Canopy Connect partner to make insurance verification easier, more consistent

- June 10, 2025
NORTH ANDOVER, Massachusetts – June 10, 2025 – TSD Mobility Solutions, the global software provider for rental car companies and automotive dealerships, and Canopy Connect, the leading insurance verification solution, today announced...
Tesla downgraded

Tesla downgraded by analysts as Musk-Trump feud clouds outlook

- June 10, 2025
Tesla was downgraded by both Argus Research and Baird on Monday, reflecting growing Wall Street unease over the company’s outlook following a public fallout between CEO Elon Musk and President...
Vinfast

VinFast loss deepens in Q1 despite strong revenue growth

- June 10, 2025
VinFast Auto Ltd. reported a first-quarter net loss of $712.4 million, a 20% increase from a year earlier, as rising costs tied to its global expansion efforts outpaced strong revenue...
Dyke sharees how growing used-car sourcing strategies, and upcoming acquisitions are helping Sonic thrive.

Sonic Automotive’s Jeff Dyke eyes expansion as industry weathers tariff turbulence

- June 10, 2025
Sonic Automotive President Jeff Dyke remains optimistic about the state of the automotive retail industry, highlighting strong performance across the company’s platforms, including EchoPark, power sports, and its franchise dealerships....

The Theory of 5: Chris Saraceno’s guide to winning every day

- June 10, 2025
Black belt-level success in the car business requires more than just sales skills. It requires personal discipline, mentorship and mindset. In this episode of Training Camp, Chris Saraceno, president of Kelly...
Used car prices soar amid tariffs, supply shortages, and rising demand—buyers face higher costs in a tightening 2025 market.

Why are used car prices INCREASING so quickly in 2025?

- June 10, 2025
The dream of driving off in an affordable used car is slipping away fast. If you’ve been browsing used car lots or checking online listings, you’ve likely noticed prices are...
CarGurus

CarGurus launches AI-powered car shopping experience

- June 9, 2025
BOSTON, June 09, 2025 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced the release...
tariff

Edmunds data reveals tariff fears shift car buyer behavior

- June 9, 2025
Tariff speculation is influencing the behavior of American car shoppers as the renewed push for tariffs under the Trump administration creates uncertainty for both shoppers and dealers. A recent survey...
Tesla Optimus

Tesla executive behind ‘$25 trillion’ Optimus humanoid robot resigns

- June 9, 2025
Tesla’s Vice President of the Optimus humanoid robot program, Milan Kovac, has departed the company after nearly a decade, raising questions about the future direction of one of the automaker’s...


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.