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

Up-and-coming electric vehicle manufacturer Bollinger Motors will its products through LaFontaine Automotive Group starting later this year.

EV brand Bollinger Motors signs deal with LaFontaine dealership group

- February 15, 2024
Electric vehicle startup Bollinger Motors has formally announced its first-ever retail partnership with LaFontaine Automotive Group, a dealership with multiple locations in Michigan. The new trade deal will supply LaFontaine storefronts...
Rita Case joins the Executive Profile on CBT News to share her story of resilience, perseverance, and excellence in automotive retail.

The Executive Profile: What’s next for dealer and philanthropist Rita Case?

- February 15, 2024
Welcome to another edition of the Executive Profile on CBT News. Recently, anchor Jim Fitzpatrick traveled to Davie, Florida, to speak with Rita Case, president and CEO of the legendary...
Used car dealers have implemented new strategies to source inventory and keep sales high in the post-pandemic economy.

Rethinking used car management in a post-COVID economy — Josh Callahan | Ally

- February 15, 2024
Facing fluctuating supply chains, shifts in consumer preferences and normalizing trends, used car dealers have implemented new strategies to source inventory and keep sales high in the post-pandemic economy. Here...
A new electric vehicle credit transfer process has resulted in the distribution of $135 million to car dealers since the start of the year.

Treasury says new electric vehicle credit process seeing early success

- February 14, 2024
The U.S. Department of Treasury has distributed $135 million in electric vehicle credit reimbursements to car dealers since the start of the year after implementing a process that allows consumers...
Group 1 owns and operates 198 automotive dealerships, 262 franchises, and 43 collision centers in the United States and the United Kingdom.

Group 1 Automotive supercharges Mid-Atlantic footprint with latest acquisition

- February 14, 2024
Group 1 Automotive, one of the nation's largest auto retailing groups, announced today that it is expanding its U.S. portfolio in the greater Baltimore/Washington D.C. area, according to a press...
New vehicle prices remain inflated but has inched closer to MSRP values since last January thanks to stable demand and rising supply.

Vehicle prices dip to 7.2% over MSRP as supply improves

- February 13, 2024
New vehicle prices remain higher than normal, averaging 7.2% above MSRP in January 2024, but price growth has started to cool in the face of improved supply levels and unstable...
Stellantis will adopt Tesla's NACS in future EVs but has yet to clarify whether drivers will have access to the Supercharger network.

Stellantis adopts NACS, skips deal with Tesla for Supercharger access

- February 13, 2024
Stellantis has confirmed it will adopt the North American Charging Standard (NACS), making it the last major automaker to adopt the Tesla-developed electric vehicle plug. NACS connectors are used in Superchargers,...

J.D. Power study shows EVs face more wear and tear than ICE counterparts

- February 13, 2024
A recent J.D. Power study has highlighted a growing issue in the auto industry. Vehicles are becoming less reliable after three years of ownership. The 2024 U.S. Vehicle Dependability Study reveals...
Edmunds analyzed website traffic following the airing of the four car commercials shown during the 2024 Super Bowl. Which models stood out?

Which 2024 Super Bowl car commercial caught the most attention?

- February 12, 2024
Few automakers participated in Super Bowl advertising this year, but the ones who did saw notable increases in internet traffic following the airing of their commercials. Only four car commercials were...
Vehicle financing factors were less favorable to car buyers In January, undoing several months of improvements seen last year.

Vehicle financing conditions trend against consumers in January

- February 12, 2024
Vehicle financing remained an obstacle for many consumers in January, during which auto lenders displayed more caution and auto loan access declined. According to Cox Automotive's Dealertrack Auto Credit Total Loan...


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