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

brand loyalty

Which electric vehicles are driven the most by their owners? — Study

- May 25, 2023
A recent study from iSeeCars sheds light on the driving habits of electric vehicle owners compared to their internal combustion engine counterparts. The study analyzed data from over 860,000 vehicles...
Paul Daly and Kyle Mountsier join CBT Now to discuss their new show "More Than Cars" and how it challenges dealership stereotypes

More Than Cars: The docuseries dismantling dealership stereotypes

- May 24, 2023
"More Than Cars" is a new docuseries produced by TrueCar and Automotive State of the Union (ASOTU), which seeks to challenge dealership stereotypes. On this episode of CBT Now, news...
A judge has denied a shareholder-led lawsuit targeting Tesla CEO Elon Musk over his handling of last year's Twitter buyout

Judge tosses out lawsuit targeting Musk’s Twitter buyout

- May 23, 2023
A judge has denied a shareholder-led lawsuit targeting Tesla CEO Elon Musk over his handling of last year's Twitter buyout. The class-action suit alleged that Musk had acted unfairly towards investors...
Dallas attendance

Dallas dealer partners with high school to boost attendance with car giveaways

- May 22, 2023
In Dallas, Texas, a used car dealership gave away a 2016 Jeep Patriot to a high school sophomore with perfect attendance.  Faith Family Academy, a charter school, teamed up with the...
Escalade Cadillac

GM confirms plans to release electric Cadillac Escalade later this year

- May 22, 2023
General Motors has confirmed the release of an all-electric version of its flagship Cadillac Escalade later this year.  The Detroit automaker said the new SUV would be called the "Escalade IQ,"...
McGovern Automotive

McGovern Automotive adds CDJR dealership, Asbury sells Acura store in Texas

- May 22, 2023
The buy/sell market for dealerships is a dynamic environment influenced by various factors, including economic conditions, consumer preferences, manufacturer requirements, and regulatory changes. Despite the ongoing economic challenges from the...
Tesla Payout

Weekly roundup: Vehicle affordability improves, Twitter announces new CEO, Tesla Cybertruck update

- May 19, 2023
Earlier this week: During Tesla's annual shareholder meeting, Elon Musk dismissed speculation that he is considering stepping down as Tesla's CEO, vehicle affordability improved slightly in April, U.S. drivers are...
Polestar SUV

Polestar delays SUV release to 2024, cuts workforce by 10%

- May 12, 2023
On May 11, Swedish EV maker Polestar trimmed its full-year production guidance to between 60,000 and 70,000 vehicles, claiming that its Polestar 3 SUV will be delayed until 2024 due...
Earlier this week: Tesla broke ground on its brand new lithium refinery, Group 1 buys three stores, and more auto industry news headlines.

Weekly roundup: Carvana’s Q1 results, Tesla’s new lithium refinery, Group 1 acquisitions

- May 12, 2023
Earlier this week: Tesla CEO Elon Musk was joined by Texas Governor Greg Abbott during a ground-breaking ceremony for a brand new lithium refinery, Ford CEO Jim Farley confirms Apply...
Many automakers, including Ford, GM, Volvo and now Mercedes, are conforming to Tesla's fast charging system, also known as the North American Charging Standard or NACS.

The influence of over-the-air updates on connected vehicles

- May 12, 2023
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where I put recent automotive and mobility news items into context, in...


CBT News
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