TSLA323.565-50.445%
GM79.260-2.87%
F14.095-0.325%
RIVN16.665-0.515%
CYD46.7600.62%
HMC28.175-0.355%
TM176.840-3.1%
CVNA61.385-1.365%
PAG214.560-0.01%
LAD334.360-5.59%
AN204.420-1.55%
GPI326.490-1.44%
ABG219.590-3.77%
SAH99.630-1.25%
TSLA323.565-50.445%
GM79.260-2.87%
F14.095-0.325%
RIVN16.665-0.515%
CYD46.7600.62%
HMC28.175-0.355%
TM176.840-3.1%
CVNA61.385-1.365%
PAG214.560-0.01%
LAD334.360-5.59%
AN204.420-1.55%
GPI326.490-1.44%
ABG219.590-3.77%
SAH99.630-1.25%
TSLA323.565-50.445%
GM79.260-2.87%
F14.095-0.325%
RIVN16.665-0.515%
CYD46.7600.62%
HMC28.175-0.355%
TM176.840-3.1%
CVNA61.385-1.365%
PAG214.560-0.01%
LAD334.360-5.59%
AN204.420-1.55%
GPI326.490-1.44%
ABG219.590-3.77%
SAH99.630-1.25%


Automotive Industry Trends

AutoNation’s profit triples amid chip shortage

- April 23, 2021
AutoNation, Inc., one of the largest automotive retailers in the US, reported earlier this week that its quarterly adjusted profit nearly tripled from this time last year. AutoNation’s Chief Executive...
LMP Automotive - Sam Tawfik

LMP Automotive CEO Sam Tawfik discusses the retailer’s aggressive dealership acquisition plan

- April 21, 2021
LMP Automotive, a publicly traded used-car and vehicle subscription company, describes its business model as “Buy, Subscribe, Sell and Repeat.” That is exactly what they are ambitiously doing, with a...
vaccine

Vaccination rate, consumer confidence back the auto retail surge

- April 20, 2021
The American economy is trending positively once again with consumer spending and confidence both on the increase. The upward movement is on the shoulders of several stimuli including strong workforce...
rubber

Shortage of natural rubber compounds vehicle production concerns

- April 15, 2021
Dealers could once again be facing inventory shortages in both the sales and parts departments as the supply of natural rubber is stretched thin. Between below-average harvesting levels, stockpiling in...
Velocity Automotive Solutions

How Velocity Automotive Solutions is eliminating dealer headaches with its user-friendly interface – Hugh Hathcock & Dominic Ford

- April 14, 2021
Today on CBT News, anchor Jim Fitzpatrick is joined by Hugh Hathcock, Owner and Founder of Velocity Automotive Solutions, home of VelocityEngage and ReconVelocity. He is joined by Dominic Ford,...
data

How data is driving the next era in automotive retail

- April 13, 2021
Exiting a year of unprecedented highs and lows, the automotive industry entered 2021 with a mix of challenges and opportunities. New supply interruptions and inventory shortages came at the same time as...
emissions

Tougher tailpipe emissions coming under Biden Administration

- April 9, 2021
The Biden administration does not seem to be backing down regarding tougher environmental regulations. This week, the head of the Environmental Protection Agency, Michael Regan, announced that the EPA is...
automotive acquisitions - George Karolis

The automotive M&A market is reporting impressive activity, will this fast pace continue? – George Karolis, The Presidio Group

- April 8, 2021
The second quarter of the year just kicked off and reports have shown there are no signs of sales slowing down in the retail automotive industry. This is driving more...
tech

Study finds interesting correlations between in-car tech and demographics

- April 8, 2021
Years ago, in an OEM new product launch focus group, a manufacturer found out that 80% of the consumers were more interested in the SUV's interior appointments - especially the touch...
Comscore

New report details how shopping intentions changed during COVID-19

- April 7, 2021
Auto retailers have seen firsthand the impact that shutdowns, restrictions, and pandemic fears have had on their customers. A new report from Comscore Research puts those experiences in focus, identifying...


CBT News
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