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

Vietnamese automaker VinFast is in talks with U.S. partners to sell its electric vehicles through franchised dealerships.

VinFast looking to work with U.S. dealers says CEO

- August 23, 2023
Vietnamese automaker VinFast is in talks with U.S. partners to sell its electric vehicles through franchised dealerships rather than first-party storefronts. Direct sales have become an increasingly prominent topic of discussion...
The National Highway Traffic Safety Administration (NHTSA) has green lighted a Massachusetts law making car manufacturers share vehicle data.

NHTSA green lights Massachusetts vehicle data law

- August 23, 2023
The National Highway Traffic Safety Administration (NHTSA) has green lit a Massachusetts law making car manufacturers share vehicle data with third-party service centers after initially opposing the bill when it...
A new study claims that an electric vehicle lease is more affordable than purchasing or leasing a gas-powered car.

Electric vehicle lease cheaper than leasing or buying gas-powered model

- August 23, 2023
A new study claims that an electric vehicle lease is more affordable than purchasing or leasing a gas-powered car. Car prices have risen steadily since the COVID pandemic, as the automotive...
Katie Bowman Coleman joins CBT Now to discuss the state of retail automotive and what dealers are seeing on the ground.

The frontlines of retail automotive: what dealers are seeing — Katie Bowman Coleman | Bowman Auto Group

- August 23, 2023
From mom-and-pop dealerships to larger auto groups, the changing retail automotive landscape has impacted businesses big and small. But how are dealers on the frontlines adapting to the transforming landscape?...
Texas will begin charging electric vehicle owners in the state $200 annually in September, just over a week away.

Electric vehicle owners to pay annual $200 fee in Texas starting September

- August 22, 2023
Texas will begin charging electric vehicle owners in the state $200 annually in September, just over a week away. In addition to the charge, electric vehicle owners will be required to...
Anderson Automotive Group expanded its presence in South Carolina with its purchase of several dealerships from MCE Automotive Group.

Anderson Automotive acquires 7 dealerships from MCE Automotive

- August 22, 2023
Anderson Automotive Group expanded its presence in South Carolina with its purchase of several dealerships from MCE Automotive Group. In its second acquisition for the year, the family-owned dealership group bought...
A new automotive study indicates that car owners are more satisfied with their purchases than they were a year ago.

Car owners more satisfied with their vehicles than in 2022

- August 22, 2023
A new automotive study indicates that car owners are more satisfied with their purchases than they were a year ago as manufacturers look for ways to improve the experiences their...
Service department performance was mixed in July as both work volume and revenue declined from the previous month.

Service department volume and revenue shrink in July

- August 22, 2023
Service department performance was mixed in July as both work volume and revenue declined from the previous month. According to data from Cox Automotive's Xtime Metrics platform, dealerships saw the number...
Kaitlin Gavin, John Devlin and Steve Hoffman join Driving Solutions to discuss digital titling and helpful strategies to prevent title fraud.

Why digital titling solutions are crucial for dealership success

- August 22, 2023
Titling can be a complex and time-intensive part of the car purchase process. With strong sales volumes expected in the back half of the year and car buyers wanting to...
M&A activity has remained strong over the past few weeks, with Group 1 Automotive and other dealer groups making notable buy/sell deals.

Group 1 offloads 4 dealerships, Lithia Motors sells last remaining North Dakota stores

- August 22, 2023
M&A activity has remained strong over the past few weeks, with Group 1 Automotive and other dealer groups making notable buy/sell deals throughout the U.S., which include the following transactions: Group...


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