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

Hyundai saw sales rise 0.3% in the U.S. thanks in part to its EV lineup, continuing its 15-month streak of year-over-year increases.

Hyundai ekes out year-over-year victory in U.S., posts strong EV sales

- November 1, 2023
Hyundai Motor America continued to see stronger year-over-year sales in October, according to its monthly sales report published Wednesday. The South Korean brand recorded sales of 60,805 vehicles in the U.S.,...
Toyota unveiled shared multiple updates, including pay raises, EV investments and profit forecasts, after the release of its Q3 report.

Toyota announces EV investments, higher profit and pay raises after Q3 report

- November 1, 2023
Toyota delivered several updates in the wake of its third-quarter report, highlighting the speed with which the brand has recovered from its post-pandemic inventory constraints. On Wednesday, the automaker adjusted its...
Paul Appelbaum joins CBT News at the 2023 Digital Dealer conference to discuss the importance of accurate payment estimates.

How payment estimates impact the customer experience — Paul Appelbaum | OfferLogix

- November 1, 2023
Inaccurate payment estimates are one of the biggest pain points for car buyers, sometimes ruining the dealership experience for consumers. Unfortunately, many dealers rely on outdated systems that prevent them...
Brian MacDonald joins Inside Automotive to discuss the latest challenges facing the automotive industry and the need for simplified toolkits.

Simplifying the automotive industry toolkit — Brian MacDonald | CDK Global

- November 1, 2023
The automotive industry has spent the last few years navigating a tumultuous economy and volatile car market. With the post-pandemic era introducing even more challenges and difficulties, the need for...
Stellantis saw global sales and revenue rise in the third quarter but was hindered by the UAW strike and slowing U.S. demand.

Stellantis scores third quarter wins but fumbles U.S. market

- October 31, 2023
Stellantis continued to project strength throughout the third quarter as global sales and revenues improved but was hindered by labor strikes and worsening demand in the U.S. Compared to Q3 2022,...
Panasonic has cut electric vehicle battery production and lowered its profit guidance amidst growing fears of slowing demand.

Panasonic cuts electric vehicle battery production amidst demand fears

- October 31, 2023
Japanese tech manufacturer and Tesla supplier Panasonic has reduced electric vehicle battery production, sparking fears of an electric vehicle slowdown. In its earnings report released Monday, Panasonic confirmed that it had...
Rivian has installed a 2.8 MW wind turbine that, when combined with solar power, will provide clean energy for charging every new EV.

Rivian’s Illinois plant fully embraces clean energy for EV charging

- October 31, 2023
At its Normal, Illinois, facility, Rivian has installed a 2.8 MW wind turbine that, when combined with solar power, will provide clean energy for charging every new electric vehicle. Although Charlottesville,...
Nathan Fox joins CBT News at the 2023 Digital Dealer conference to discuss the power of merchandising and product storytelling.

Merchandising vehicles through story — Nathan Fox | Cox Automotive

- October 31, 2023
Merchandising is a crucial component of any retail operation, especially in the age of digital commerce, where customers often have little to no access to a product before purchasing. However,...
Jessica Stafford joins CBT News at the 2023 Digital Dealer conference to discuss emerging consumer preferences affecting how cars are bought.

How are consumer preferences changing in response to digital retailing? — Jessica Stafford | Cox Automotive

- October 30, 2023
Consumer preferences have evolved rapidly in the retail automotive sector, completely changing how cars are shopped and sold in the last three years alone. With dealers juggling new technologies, a...
General Motors reached a tentative deal with the United Auto Workers union early Monday following last week's Ford and Stellantis deals.

General Motors establishes tentative deal with UAW

- October 30, 2023
General Motors reached a tentative deal with United Auto Workers leaders early Monday morning, signaling the end of the union's six-week strike against Detroit automakers. General Motors is the last of...


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