TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


automotive industry news

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
Sean Gardner joins Inside Automotive to discuss techniques for closing the sales process and winning over more customers.

Understanding the sales process: how to close more deals — Sean Gardner | Joe Verde Group

- July 18, 2023
Closing is a critical step in the sales process, and having a technique that works almost every time can make things much easier on the floor. On this episode of...
Featured Sales & Marketing
Get ready to explore the dynamics of key industry players as they forge strategic partnerships and accelerate the growth and success of their dealerships.

Lithia sells 3 dealerships, Young Auto Group expands into Montana

- July 18, 2023
The summer heat has ignited a wave of merger and acquisition (M&A) activity in the automotive industry. As the temperature rises, so does the excitement surrounding notable deals that unfolded...
Daily Automotive News Articles
Lotlinx hires, promotes four with more than 85 combined years of industry experience to grow dealer partnerships and automate inventory management.

Lotlinx expands executive team to help dealers take control of inventory with data-driven solutions

- July 18, 2023
Peterborough, N.H. (July 17, 2023) – Lotlinx, the auto industry’s leading VIN-specific data solution for inventory management, expanded its executive team to better help dealers leverage real-time data at a...
Headlines Articles

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CBT News
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