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

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...
Yaron Rosen joins Driving Solutions to discuss the role of technology in improving the car buying experience for your dealership's customers.

How to integrate a seamless car buying experience — Yaron Rosen | Fuse Autotech

- April 2, 2024
Dealers know that the key to higher sales and profitability is an unparalleled car buying experience. Unfortunately, with consumers now demanding more convenient processes and even faster service times, many...
Chinese automaker SAIC is planning to lay off thousands of workers at its General Motors and Volkswagen joint ventures, according to Reuters.

China’s SAIC allegedly plans layoffs at GM, VW joint ventures after sales fall

- April 1, 2024
State-owned Chinese automaker SAIC Motors may be planning to lay off a significant portion of its General Motors and Volkswagen joint-venture staff, in addition to employees at one of its...
Tesla has raised Model Y prices ahead of the release of its quarterly sales report, which is expected to reveal cooling demand.

Tesla hikes Model Y price as Q1 sales report looms

- April 1, 2024
Tesla has raised prices across its Model Y lineup as the company braces for the release of its quarterly sales report. All Model Y trim levels received price hikes of $1,000,...


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