TSLA377.810-2.87%
GM80.990-1.02%
F12.125-0.155%
RIVN14.340-0.17%
CYD28.180-4.01%
HMC31.670-0.14%
TM182.910-2.66%
CVNA62.760-1.12%
PAG194.220-4.79%
LAD287.370-5.14%
AN156.210-1.93%
GPI232.610-4.35%
ABG167.770-1.99%
SAH60.520-0.48%
TSLA377.810-2.87%
GM80.990-1.02%
F12.125-0.155%
RIVN14.340-0.17%
CYD28.180-4.01%
HMC31.670-0.14%
TM182.910-2.66%
CVNA62.760-1.12%
PAG194.220-4.79%
LAD287.370-5.14%
AN156.210-1.93%
GPI232.610-4.35%
ABG167.770-1.99%
SAH60.520-0.48%
TSLA377.810-2.87%
GM80.990-1.02%
F12.125-0.155%
RIVN14.340-0.17%
CYD28.180-4.01%
HMC31.670-0.14%
TM182.910-2.66%
CVNA62.760-1.12%
PAG194.220-4.79%
LAD287.370-5.14%
AN156.210-1.93%
GPI232.610-4.35%
ABG167.770-1.99%
SAH60.520-0.48%


automotive industry news

Toyota reported record-breaking sales and profits for the fiscal year ending in March but set cautious expectations for the coming months.

Toyota lukewarm on earnings guidance despite record-breaking profits

- May 8, 2024
Toyota reported record-breaking profits for the fiscal year ending March after a massive surge in hybrid demand but set cautious earnings expectations for the coming months, citing upcoming investments into its operations...
To stay focused during today's challenges, Matt Easton shares how salespeople can achieve their goals while staying positive.

How salespeople can achieve their goals while maintaining a positive outlook – Matt Easton | Easton University 

- May 8, 2024
It is an election year, and with that comes a lot of uncertainty, especially regarding the economy. It is also what Matt Easton, the Founder of Easton University, calls a...
Perry Watson IV and Damon Lester join Diversity in Automotive to discuss how NAMAD drives inclusivity in and outside the dealership.

How NAMAD gives minority dealers and car buyers a voice

- May 8, 2024
The National Association of Minority Automobile Dealers (NAMAD) plays a critical role in giving underrepresented dealers a voice and driving diversity, equity, and inclusion across the retail automotive sector. On this episode...
UAW members at Stellantis' Warren Stamping plant have voted in favor of striking if critical safety issues are left unaddressed.

UAW members authorize strike at Stellantis plant over safety concerns

- May 7, 2024
United Auto Workers (UAW) members have voted to authorize a strike at Stellantis' Michigan stamping plant if talks between company leadership and union officials fail to resolve alleged safety issues...
Lucid reported first-quarter earnings revealing better-than-expected revenues and expressed optimism toward the remainder of 2024.

Lucid losses narrow in first quarter despite price cuts

- May 7, 2024
Lucid's first-quarter earnings revealed positive shifts for the fledgling brand, with most financial metrics improving despite a global cooldown in battery-powered car demand. The electric vehicle startup posted revenues of $172.7...
Sean Gardner joins CBT Now to share the key tactics successful salespeople use to navigate the trade-in process and close more deals.

Navigating trade-in objections: why slow and steady win the race — Sean Gardner | Joe Verde Group

- May 7, 2024
Trade-in negotiations can be tricky for salespeople to navigate, as a disappointing appraisal can quickly sour the client relationship. How can dealership teams set realistic expectations during this process without losing...
Republicans have proposed an IRA bill to repeal the U.S. EV tax credit. If this bill passes, it would delay the U.S.'s progress in EVs.

GOP bill aims to repeal U.S. EV tax credit, hurting production and benefiting China

- May 6, 2024
Republicans have proposed an Inflation Reduction Act (IRA) bill to repeal the U.S. EV tax credit. If this bill passes, it would delay the U.S.'s progress in electric vehicle production...
Vice President Kamala Harris announced $100 million in federal grants for automotive suppliers, accelerating industry transition toward EVs

VP Kamala Harris announces $100 million in grants for auto suppliers

- May 6, 2024
Vice President Kamala Harris has announced $100 million in federal grants for automotive suppliers as the White House looks to accelerate the car industry's transition toward electric vehicles. Harris' announcement, posted...
April saw Honda sales rise in the U.S. but underlined ongoing weakness in the brand's luxury and electric vehicle lineups.

American Honda sales jump in April but roadblocks remain in key markets

- May 6, 2024
Honda reported strong April sales in the U.S. but continued to face challenges in the luxury and electric markets. The automaker posted North American sales of 116,586 units across its main and...
Coulter McMahen joins CBT Now to discuss his new position as the head of the LADA and the important role of dealer associations.

Educating the public on the strengths of franchised dealerships — Coulter McMahen | LADA

- May 4, 2024
The Louisiana Automobile Dealers Association (LADA) plays a critical role in the state's retail automotive environment, working with legislators to preserve the franchise model and help dealers drive success for...


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