TSLA348.950-13.91%
GM86.980-0.95%
F13.920-0.49%
RIVN16.600-0.37%
CYD38.750-1.13%
HMC32.590-0.78%
TM193.810-3.54%
CVNA72.3102.405%
PAG218.0701.2%
LAD368.550-2.18%
AN195.130-4.36%
GPI259.380-2.47%
ABG210.860-3.95%
SAH75.320-2.13%
TSLA348.950-13.91%
GM86.980-0.95%
F13.920-0.49%
RIVN16.600-0.37%
CYD38.750-1.13%
HMC32.590-0.78%
TM193.810-3.54%
CVNA72.3102.405%
PAG218.0701.2%
LAD368.550-2.18%
AN195.130-4.36%
GPI259.380-2.47%
ABG210.860-3.95%
SAH75.320-2.13%
TSLA348.950-13.91%
GM86.980-0.95%
F13.920-0.49%
RIVN16.600-0.37%
CYD38.750-1.13%
HMC32.590-0.78%
TM193.810-3.54%
CVNA72.3102.405%
PAG218.0701.2%
LAD368.550-2.18%
AN195.130-4.36%
GPI259.380-2.47%
ABG210.860-3.95%
SAH75.320-2.13%


automotive industry news

CDK Global has agreed to pay $630 million to settle antitrust claims accusing the company of inflating prices for software vendors accessing dealership data.

CDK Global settles antitrust claims for $630 million amid data access disputes

- January 28, 2025
CDK Global has agreed to pay $630 million to settle antitrust claims accusing the company of inflating prices for software vendors accessing dealership data. CEO Brian MacDonald stated that the...

Raymond L. Farabaugh recognized as 2025 TIME Dealer of the Year

- January 28, 2025
NEW ORLEANS, Jan. 27, 2025 – Raymond Farabaugh, president of D-Patrick Inc. in Evansville, Ind. was announced as the 2025 TIME Dealer of the Year at the 108th National Automobile Dealers Association (NADA)...
GM surpassed Wall Street expectations for fourth-quarter revenue and earnings, reporting adjusted earnings per share of $1.92.

GM exceeds Q4 expectations with strong revenue and bold 2025 forecast

- January 28, 2025
General Motors (GM) surpassed Wall Street expectations for fourth-quarter revenue and earnings, reporting adjusted earnings per share of $1.92 against an estimated $1.89 and revenue of $47.7 billion compared to...

Appeals court strikes down FTC’s rule banning add-on costs and bait-and-switch tactics

- January 28, 2025
A U.S. appeals court ruled Monday that the Federal Trade Commission's (FTC) new regulations, which aimed to ban bait-and-switch tactics and prevent auto dealers from charging add-on costs that do...
Elon Musk's controversial hand gestures at Trump's inauguration and speech at a German AfD rally sparked calls for a Tesla boycott in Europe.

Demands for Tesla boycott emerge in Europe amid Musk’s controversial comments

- January 28, 2025
Demands for a Tesla boycott are now circulating in Europe following Elon Musk's controversial appearances and remarks, which have sparked a significant backlash. His involvement in political affairs and comments...
Adam Marburger shares three critical steps to help F&I professionals convert outside lien cash deals and boost profits.

Adam Marburger’s three-step process to overcome outside lien cash deals

- January 28, 2025
There's nothing worse for an F&I manager than thinking that a customer is paying cash for a vehicle, only to realize later that they received financing and insurance from an...
General Motors continues to reduce the headcount of its workforce under a new performance evaluation system.

GM slashes more salaried jobs under new performance evaluation system

- January 27, 2025
General Motors (GM) is intensifying efforts to streamline its salaried workforce under a revamped performance evaluation system. On Friday, dozens of salaried workers were laid off, and it's highly likely...
Ford Motor Company recognized six outstanding Ford and Lincoln dealers with its prestigious Salute to Dealers award.

Ford honors dealers for community contributions with Salute to Dealers Award

- January 27, 2025
On January 23, Ford Motor Company recognized six outstanding Ford and Lincoln dealers with its prestigious Salute to Dealers award, which celebrates their exceptional community contributions. This year’s recipients exemplify...
The latest data from J.D. Power and GlobalData project that new-vehicle sales will rise by 4.4% year-over-year in January.

New-vehicles sales expected to soar in 2025

- January 27, 2025
According to the latest data from J.D. Power and GlobalData, new-vehicle sales–including both retail and non-retail– for January 2025 are projected to rise to 1,105,900 units, reflecting a 4.4% year-over-year...

Erin Kerrigan breaks down buy-sell market trends and dealer sentiment

- January 27, 2025
In today's episode of CBT Now, Erin Kerrigan, founder and managing director of Kerrigan Advisors, joins us to discuss the outlook of the buy-sell markets and sentiment amongst dealers nationwide. The...


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