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

Earlier this week, Carvana revealed its Q2 earnings, meanwhile, Ford made a bold move by lowering the price of its electric F-150 Lightning truck.

Weekly roundup: Carvana aims to trim debt under new agreement, Fords slashes price for F-150 Lightning

- July 21, 2023
Earlier this week: Carvana, the used-car mega-retailer, revealed its second-quarter earnings and also announced a significant agreement to reduce its total debt by over $1.2 billion. Meanwhile, Ford made a...
Articles Daily Automotive News
Car owner satisfaction declined for the second year in a row in 2023, according to the J.D. Power APEAL study.

Car owner satisfaction declines for second year in J.D. Power study

- July 21, 2023
Car owner satisfaction declined for the second year in a row, according to the J.D. Power Automotive Performance, Execution and Layout (APEAL) Study. It is the first time in nearly three...
Articles Headlines
President Biden met privately with Shawn Fain, leader of the UAW, as the automotive industry prepares for the possibility of a labor strike.

UAW chief Fain meets privately with President Biden amidst contract fight

- July 20, 2023
President Biden met privately with Shawn Fain, leader of the United Auto Workers (UAW) union, on July 19 as the automotive industry prepares for the possibility of a labor strike. Biden...
Articles Headlines
Tesla once again beat earnings forecasts in Q2 but struggled to sustain profitability on its increasingly discounted electric vehicle lineup.

Tesla sees stagnating profits in Q2 even as electric vehicle revenues rise

- July 20, 2023
Tesla once again beat earnings forecasts in the second quarter but struggled to sustain profitability on its increasingly discounted electric vehicle lineup. The electric vehicle brand reported $24.93 billion in revenue...
Articles Headlines

Miss Colorado, an Air Force officer, receives vehicle from Mike Maroone Honda

- July 20, 2023
The previous few weeks have been a frenzy of activity for Air Force 2nd Lieutenant Madison Marsh. On May 27, she won over 20 of the state's top competitors to...
Headlines Articles
On this edition of CBT Now, Jim Fitzpatrick speaks with J.D. Power's Tyson Jominy about the current state of the U.S. new car market.

Where does the new car market stand today? — Tyson Jominy | J.D. Power

- July 20, 2023
On this edition of CBT Now, Jim Fitzpatrick speaks with Tyson Jominy, the Vice President of Data and Analytics at J.D. Power, about the current state of the U.S. new...
Sales & Marketing CBT Now
Carvana revealed its plans to raise capital and restructure operations by selling up to $1 billion in shares. 

Carvana announces Q2 earnings, reaches debt restructuring agreement

- July 19, 2023
On July 19, used-car retailing giant Carvana released its second-quarter earnings and announced an agreement to reduce the company's total debt by over $1.2 billion. In a statement, Carvana said the agreement...
Headlines Articles
Last week, Garcia Subaru North joined the Make-A-Wish foundation and fulfilled a special wish from a teenage brain cancer survivor.

Teen’s dream shopping spree comes true thanks to Garcia Subaru North, Make-A-Wish

- July 19, 2023
In northeast Albuquerque, New Mexico, Garcia Subaru North joined the Make-A-Wish foundation and fulfilled a special wish from a teenage brain cancer survivor. As reported by KOB4 in New Mexico, this...
Headlines Articles
A lawsuit opposing a new Georgia factory proposed by Rivian has hit a roadblock after the state supreme court refused to hear an appeal.

Rivian to receive massive tax breaks in Georgia after appeal attempt fails

- July 18, 2023
A lawsuit opposing tax incentives for a new Georgia factory proposed by Rivian hit a roadblock on July 14 when the state supreme court refused to hear an appeal in...
Articles Headlines
The Prince Toyota dealership of Tifton, Georgia, has donated $5,000 to the Tift Regional Medical Center (TRMC) Foundation.

Prince Toyota dealership donates $5,000 to Tifton medical foundation

- July 18, 2023
The Prince Toyota dealership of Tifton, Georgia, has donated $5,000 to the Tift Regional Medical Center (TRMC) Foundation to help the organization provide better care for its patients. The Toyota dealership...
Articles Headlines

Latest Articles
Latest Articles 04/04/26

Weekly roundup: Stellantis to add 10k jobs, GM leads in Q1 2026 sales, Federal judge partially allows lawsuit against VW to proceed
Latest Articles 04/03/26

White House revises metals tariffs, Stellantis eyes Canada EVs with Leapmotor, NHTSA considers ban on faulty Chinese airbags

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa
Latest Articles 04/03/26

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa

GM to invest more than $150 million in Saginaw Metal Casting Plant
Latest Articles 04/03/26

GM to invest more than $150 million in Saginaw Metal Casting Plant

White House revises metals tariffs, shifts calculation method
Latest Articles 04/03/26

White House revises metals tariffs, shifts calculation method

Stellantis explores EV production in Canada with China’s Leapmotor
Latest Articles 04/03/26

Stellantis explores EV production in Canada with China’s Leapmotor

NHTSA weighs U.S. ban on defective Chinese airbag components
Latest Articles 04/03/26

NHTSA weighs U.S. ban on defective Chinese airbag components

Toyota bets on EV rebound with seven-model U.S. lineup
Latest Articles 04/03/26

Toyota bets on EV rebound with seven-model U.S. lineup

Affordability takes center stage at the 2026 NY Auto Show
Latest Articles 04/03/26

Affordability takes center stage at the 2026 NY Auto Show

Legal battles reshape car sales
Latest Articles 04/03/26

Legal battles reshape car sales


CBT News
Powered by  GDPR Cookie Compliance
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.