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

Tesla is slashing the prices of its Model 3 compact sedan and Model Y SUV in the U.S., intensifying its price war only days after the world's most valuable automaker's third-quarter deliveries fell short of market estimates.

Tesla lowers Model 3/Y prices in the U.S. to fulfill delivery target

- October 6, 2023
Tesla is slashing the prices of its Model 3 compact sedan and Model Y SUV in the U.S., intensifying its price war only days after the world's most valuable automaker's...
This week in automotive news: Detroit's big three amp-up union talks, September car sales data, and Ford's new F-150 Lightning Flash.

Weekly roundup: UAW talks intensify, U.S. auto sales hold steady, Ford unveils F-150 Lightning Flash

- October 6, 2023
Earlier this week: The Detroit-Three and the United Auto Workers union have ramped up their contract negotiations, as reported by sources and further confirmed by Reuters. This development unfolds amid...
Talks between Detroit-Three automakers and the United Auto Workers union have accelerated since the launch of additional strikes last week.

United Auto Workers talks accelerate, GM prepares for prolonged fight

- October 5, 2023
Talks between Detroit-Three automakers and the United Auto Workers union have accelerated since last week, according to sources familiar with the matter. Reuters on Thursday reported that contract negotiations with Stellantis...
Edmunds reports that new and used car payments reached new heights over the third quarter as the industry braces for more shortages.

New and used car payments break more records in Q3

- October 5, 2023
Car payments for new and used vehicles rose to all-time highs over the third quarter, according to automotive data firm Edmunds. The economic impact of the COVID pandemic has increased the...
Marco Schnabl joins Inside Automotive to discuss the importance of a well-trained dealership team and the need for quality education programs.

Setting your dealership team up for long-term success — Marco Schnabl | RockED

- October 5, 2023
A well-trained and educated dealership team is key to long-term success in the car business. Unfortunately, not only do such teams require immense effort to find, but managers also struggle...
David O'Brien joins Driving Solutions to discuss the role effective automotive retailing education plays in improving the customer experience.

Improving car buyer journeys with automotive retailing training — David O’Brien | Quantum5

- October 5, 2023
Automotive retailing has changed significantly over the last few years, making it vital to keep every department informed and prepared. But, with a constantly evolving industry landscape and new technologies...
Ford included additional pay increases and concessions in its latest contract proposal to the striking United Auto Workers union.

Ford submits 7th United Auto Workers contract, raises employee pay

- October 4, 2023
The United Auto Workers union received a new contract proposal from Ford on Tuesday, containing a larger wage hike than the automaker's previous submission. Employee pay has been a key point...
Murgado Automotive Group has acquired Mercedes-Benz of Richmond and Mercedes-Benz of Midlothian, in the greater Richmond, Virginia area.

Murgado Automotive Group acquires two Mercedes-Benz stores in Virginia

- October 4, 2023
Murgado Automotive Group has acquired Mercedes-Benz of Richmond and Mercedes-Benz of Midlothian, located in the greater Richmond, Virginia area, from Rod McGeorge. This announcement comes on the heels of the...
Car sales held steady in September, allowing third-quarter volumes to improve across import and domestic automotive brands.

GM keeps lead over Ford, Honda accelerates car sales, Toyota scores EV win

- October 4, 2023
Car sales held steady in September, boosting third-quarter volumes at major domestic and import automakers in the U.S. Japanese automakers saw solid year-over-year improvements in the U.S., especially at Honda. The...
Kevin Frye joins Inside Automotive to discuss the latest digital retail trends and emerging behaviors among modern car buyers.

Why form submissions deter today’s car buyers — Kevin Frye

- October 4, 2023
  Understanding the wants, needs and pain points of modern car buyers has become more critical than ever since the COVID pandemic. Dealers must constantly analyze the preferences and expectations kept...


CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.