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

Tyson Jimony, VP of Data & Analytics at J.D. Power, discusses the current challenges of vehicle affordability, leasing trends and EVs.

New York Auto Forum 2024: Tyson Jominy | J.D. Power

- April 4, 2024
The New York Auto Forum, a prestigious event hosted by J.D. Power, NADA, and the New York International Auto Show, is a pivotal gathering for automotive industry leaders to deliberate...
Pete MacInnis shares survey data from dealers that investigates the disconnect between quoting a payment and “The Payment!"

Digital Finance: Consumer Expectations and Today’s Digital Retail Reality

In last month’s article, “From the Fax Machine, to the future: Auto Finance Disruption Time is Here,” I revealed data that demonstrated how overdue disruption in the auto finance industry...
Eric DeMont joins Driving Solutions to discuss how dealers are using their defection data to drive sales, retention, and growth.

De-mistifying dealership defection rates — Eric DeMont | Urban Science

- April 4, 2024
Defection rates deliver vital information to dealers, allowing them to identify how many customers took their business elsewhere while measuring the impact of retention strategies. However, it has been exceedingly...

NY Auto Forum 2024: Brian MacDonald | CEO & President of CDK Global

- April 3, 2024
At this year's New York Auto Forum, media partner CBT News' anchor Jim Fitzpatrick met with Brian MacDonald, CEO and President of CDK Global, to discuss the critical role digital technology is...

NY Auto Forum 2024: Jack Hollis | EVP of Toyota Motor North America

- April 3, 2024
At this year's New York Auto Forum, media partner CBT News' anchor, Jim Fitzpatrick, met with Jack Hollis, executive vice president of Toyota Motor North America, to discuss the future...
General Motors saw a slight sales decline during the most recent quarter, even as retail and truck sales grew from last year.

General Motors sales drop 1.5% on weakened fleet business

- April 3, 2024
General Motors saw a slight decline in sales over the first quarter driven by difficulties in its fleet business but retained its title as the U.S.'s best-selling automaker. The company sold...
NADA CEO Mike Stanton highlights challenges facing EV adoption, including infrastructure, incentives, and affordability at this year's NYAF.

NY Auto Forum 2024: Mike Stanton | President & CEO of NADA

- April 3, 2024
At the New York Auto Forum this year, CBT News anchor Jim Fitzpatrick was joined by NADA's President and CEO, Mike Stanton, to delve into the pivotal challenges and skepticism...
Tesla sales declined in the first quarter for the first time in four years, underlining the impact of cooling electric vehicle demand.

Tesla posts disappointing Q1 sales under weakening EV demand

- April 3, 2024
Tesla posted first-quarter sales on Tuesday, with disappointing forecasts and a sharp decline in deliveries that underline the impact of the electric vehicle market's demand cooldown. Analysts initially expected Tesla to...
BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.

BYD EV sales plummet in Q1 as hybrids surge

- April 2, 2024
China-based automaker BYD has reported a significant drop in electric vehicle sales after aggressive price cuts drove record-high volumes in the previous quarter. On Monday, the company reported sales of 300,114...
Five Nissan dealerships in NY allegedly overcharged 1,138 customers who leased vehicles, says NY Attorney General's office.

Five NY Nissan dealerships set to pay $1.9 million in penalties

- April 2, 2024
Five Nissan dealerships in New York face repercussions after the New York Attorney General's office discovered these dealerships allegedly overcharged 1,138 customers who initially leased vehicles. After customers complained, authorities conducted...


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