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

CBT News is honored to present the recipients of the first-ever CBT News 40 Under 40 awards.

CBT News names winners of inaugural 40 Under 40 awards

- November 16, 2023
ATLANTA, Georgia (November 16, 2023)—CBT News, the dealer community's No. 1 resource for in-depth interviews and news coverage, is pleased to announce the winners of the inaugural CBT News 40...
On the latest episode of Auto Marketing Now, Brian Pasch tackles the primary issues dealers face selling electric vehicles to anxious clients 

Why dealers need to bridge the education gap when selling electric vehicles

- November 16, 2023
On the latest episode of Auto Marketing Now, host Brian Pasch tackles the primary issues dealers face on a daily basis. These headwinds consist of sticker shock due to higher...
The 2025 Toyota Camry will launch as an exclusively hybrid model without the option to purchase an ICE-only drivetrain.

Next Toyota Camry generation to abandon full-ICE drivetrains

- November 15, 2023
The incoming generation of Toyota Camrys will abandon their customary internal combustion engines in favor of a hybrid-only system, according to automaker executives. The 2025 Toyota Camry will be exclusively hybrid,...
A new study by the IIHS has discovered a concerning link between cars with higher, flatter front-end designs and pedestrian death rates.

Pedestrian casualties linked to hood shape, height among trucks and SUVs

- November 14, 2023
A new study from the Insurance Institute for Highway Safety (IIHS) examining traffic accidents involving pedestrians discovered significantly higher fatality rates among vehicles with taller fronts than smaller passenger vehicles. While...
Hyundai has announced plans to boost worker pay in the U.S. in response to record-setting contracts won by the United Auto Workers union.

Hyundai follows Honda, Toyota in raising worker pay

- November 14, 2023
Hyundai plans to increase employee wages in the U.S., following in the footsteps of Honda and Toyota as non-unionized automakers respond to the United Auto Workers strike. The South Korean automaker...
David Simches joins Inside Automotive to discuss the latest trends impacting used car sales and what retailers should know heading into 2024.

Key strategies to prepare for the 2024 used car market — David Simches | Crown Automotive Group

- November 14, 2023
Used car dealers have faced numerous challenges over the last three years as they have navigated a fluctuating industry landscape and considerable economic headwinds caused by the COVID pandemic. To...
Sheldon Sandler joins CBT Now to discuss the crucial but often overlooked role real estate plays when attracting dealership buyers.

The role of real estate in the dealership buy-sell transaction — Sheldon Sandler | Bel Air Partners

- November 14, 2023
When it comes to selling their business, many dealers overlook a critical component of the transaction: real estate. With mergers-and-acquisitions activity still lagging behind its pre-pandemic pace, retailers will need...
Jay Abraham joins Inside Automotive to teach dealership managers the strategies entrepreneurs use to affordably scale their businesses.

Entrepreneurial strategies to scale your dealership — Jay Abraham | The Abraham Group

- November 13, 2023
Dealership managers often struggle to scale their products or services in affordable way, especially when operating independently or in their first few years of business. What they may not be...
Peter Thiel and Jayson Crouch join Driving Solutions to discuss falling dealership values and what they mean for retailers.

What falling dealership values mean for the future of M&A

- November 13, 2023
Dealership values remain higher than before the pandemic but have started to decline in the latter half of 2023. This has led some to feel concerned about their retirement plans...
President Biden joined United Auto Workers in Illinois where he expressed hope the union's achievements would lead to widespread change.

Biden attended United Auto Workers event, endorses plan to organize non-union OEMS

- November 10, 2023
President Biden encouraged United Auto Workers members to expand their influence to non-unionized automakers during an appearance at a Thursday event hosted by the organization. The President has now appeared alongside...


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