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

Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year.

Forward-thinking dealers see greater fixed operations profit, efficiency

- June 23, 2023
Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year, according to new research by Cox Automotive. As the automotive industry looks to recover...
Articles Headlines
Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores.

Sonic Automotive closes eight EchoPark locations to shift used-vehicle supply

- June 23, 2023
Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores in response to supply and demand pressures, as revealed in a press release...
Articles Headlines
Suzannah Sarkahian joins Inside Automotive to discuss how dealers can help women advance their automotive industry careers.

How dealers can help fix the automotive industry gender gap — Suzannah Sarkahian | Audi Wynnewood

- June 23, 2023
Historically, the automotive industry has been male-dominated. Even in 2023, women make up less than 25% of all employees in car dealerships, according to The Bureau of Labor Statistics. On...
Featured Daily Automotive News
Ford Motor Company has secured one of largest automotive industry subsidies in U.S. history to boost electric vehicle production.

Ford scores massive $9.2 billion loan for electric vehicle batteries

- June 22, 2023
Ford has secured one of largest automotive industry subsidies in U.S. history to boost electric vehicle production, part of the Biden Administration's efforts to compete with Chinese manufacturing. The Department of...
Articles Headlines
Electric vehicle maker Rivian plans to showcase the first R2 model in 2024, two years before the car is scheduled to hit the market.

Rivian R2 EV to make first appearance in 2024, price range revealed

- June 22, 2023
Electric vehicle maker Rivian plans to showcase the first R2 model in early 2024, two years before the car is scheduled to hit the market. Rivian CFO Claire McDonough revealed the...
Articles Headlines
Melinda Zabritski joins CBT Now Experian has released new data showing that the average loan amount for both new and used vehicles has decreased in the third quarter.

Why some car buyers are choosing shorter auto loan terms — Melinda Zabritski | Experian

- June 22, 2023
Experian's State of the Automotive Finance Market Q1 2023 has found that some new vehicle shoppers opted for shorter auto loan terms in the first quarter. On this episode of...
Featured CBT Now

Morgan Automotive Group makes M&A history with purchase of Al Hendrickson Toyota

- June 21, 2023
Listen to this article: This week, Haig Partners served as the exclusive sell-side advisor for the most expensive dealership purchase in history with the sale of Al Hendrickson Toyota to Morgan Automotive Group. Al...
Articles Headlines
Tesla dominated the four top spots in Cars.com's 2023 American-Made Index, with the Model Y placing first for the second consecutive year.

Tesla takes top four spots in Cars.com American-made study

- June 21, 2023
Tesla's status as one of the top U.S. car manufacturers received a boost on June 21, when its entire electric vehicle lineup dominated the four top spots in Cars.com's 2023 American-Made...
Articles Headlines
Stellantis CEO Carlos Tavares

Stellantis invests $325 million into 10 sustainable mobility startups

- June 16, 2023
Stellantis Ventures, the investment arm of the automotive giant, has made significant financial commitments to fuel the growth of 10 startups and a mobility venture capital fund. These investments account...
Articles Headlines
GM

Weekly roundup: GM’s new EV battery plant, direct-to-consumer sales banned in Florida, and Lithia acquisition

- June 16, 2023
Earlier this week: General Motors announced that it will follow Ford's lead and adopt Tesla's North American Charging Standard. Florida Governor and presidential hopeful Ron DeSantis signed a state bill...
Daily Automotive News Articles

Latest Articles
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

California’s War on Classic Cars Just Hit a Wall—Thanks to Jay Leno
Latest Articles 04/03/26

California’s war on classic cars just hit a wall– Thanks to Jay Leno


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.