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 news

New data suggests that used electric vehicle prices have fallen nearly 30%, boosting affordability at a critical time for the market.

Electric vehicle affordability on the rise as consumers hunt for deals

- April 10, 2024
Electric vehicle prices are plummeting in the U.S. due to lower-than-expected demand. New data indicates that this may be exactly what the segment needs. Recurrent, an electric vehicle battery analytics firm,...
Leading up to the settlement, Tesla argued that the driver had been playing a game on his phone before the crash.

Tesla settles Autopilot lawsuit over 2018 crash that killed Apple engineer

- April 9, 2024
Tesla has settled a highly publicized lawsuit over the death of Apple engineer Walter Huang, who crashed his Model X while using Autopilot in 2018. The surprise settlement arrived just before...
Car buyers are returning to the new and used vehicle markets in hopes of finding bargain prices, even though affordability remains sparse.

Buyers flooding the market in hopes of improved affordability

- April 9, 2024
Buyers are returning to the new and used vehicle markets in hopes of finding a good deal, even as pre-pandemic levels of affordability remain distant, according to CarGurus' first quarter...
In an age dominated by electric propulsion, Cox Automotive's Flying Doctor Program helps solve emergencies while championing sustainability.

Cox Automotive’s Flying Doctor Program: A Beacon of Safety in the EV World

- April 9, 2024
In the rapidly expanding world of electric vehicles (EVs), Cox Automotive's innovative 'Flying Doctor Program' has emerged as a pioneering force in ensuring safety, sustainability, and expertise. The flying doctors...
Sheldon Sandler joins Driving Solutions to share his tips for navigating the complicated dealership M&A market's new landscape.

The dos and don’ts of dealership M&A, for sellers — Sheldon Sandler | Bel Air Partners

- April 9, 2024
The dealership M&A (mergers and acquisitions) sector has seen high levels of activity in recent years as the retail automotive industry has adjusted to evolving trends in profits, inventories, and...
Sean Gardner unpacks strategies for effectively bridging the gap and empowering customers to maximize their car-buying budgets.

How sales teams can outperform the competition and close more deals – Sean Gardner | Joe Verde Group

- April 9, 2024
Inventory management is no longer a major issue for many dealerships. Therefore, one key factor in achieving success today is the ability to outperform your competitors in terms of sales....
John Bozzella from The Alliance for Automotive Innovation joins CBT News to discuss the emerging electric vehicle sector.

NY Auto Forum 2024: John Bozzella | President, CEO of The Alliance for Automotive Innovation

- April 8, 2024
At the 2024 New York Automotive Forum, CBT News anchor Jim Fitzpatrick met with John Bozzella, president and CEO of The Alliance for Automotive Innovation. Bozzella discusses the alliance's advocacy...
At the event, Jim Appleton, President of the New Jersey Coalition of Automotive Retailers (CAR), joins to discuss the economic disparities

NY Auto Forum 2024: Jim Appleton | President at NJ CAR

- April 8, 2024
The New York Auto Forum, hosted by J.D. Power, NADA, and the New York International Show, is an event for automotive industry leaders to discuss the sector's future. At the...
At this year's New York Auto Forum, Jim Fitzpatrick is joined by Mark LaNave, Chairman at Franchise Equity Partners to discuss the shift to EVs

NY Auto Forum 2024: Mark LaNave | Chairman at Franchise at Equity Partners

- April 8, 2024
At this year's New York Auto Forum, media partner CBT News anchor Jim Fitzpatrick is joined by Mark LaNave, Chairman at Franchise Equity Partners, to discuss the automotive industry's transition...
Used vehicle values dropped in March compared to last year but remained mostly stable from February, despite an increase in sales.

Used vehicle prices dip again in March amidst sales surge

- April 8, 2024
Used vehicle prices at auction were stable month-over-month in March but declined sharply from last year, following months of normalizing inventory levels in both the new and pre-owned markets. Cox Automotive...


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