TSLA330.270-43.74%
GM79.920-2.21%
F14.155-0.265%
RIVN16.730-0.45%
CYD46.5900.45%
HMC28.290-0.24%
TM177.760-2.18%
CVNA60.890-1.86%
PAG213.650-0.92%
LAD335.160-4.79%
AN203.770-2.2%
GPI322.010-5.92%
ABG219.410-3.95%
SAH99.325-1.555%
TSLA330.270-43.74%
GM79.920-2.21%
F14.155-0.265%
RIVN16.730-0.45%
CYD46.5900.45%
HMC28.290-0.24%
TM177.760-2.18%
CVNA60.890-1.86%
PAG213.650-0.92%
LAD335.160-4.79%
AN203.770-2.2%
GPI322.010-5.92%
ABG219.410-3.95%
SAH99.325-1.555%
TSLA330.270-43.74%
GM79.920-2.21%
F14.155-0.265%
RIVN16.730-0.45%
CYD46.5900.45%
HMC28.290-0.24%
TM177.760-2.18%
CVNA60.890-1.86%
PAG213.650-0.92%
LAD335.160-4.79%
AN203.770-2.2%
GPI322.010-5.92%
ABG219.410-3.95%
SAH99.325-1.555%


Automotive Industry Trends

stimulus

Third round of stimulus checks nears Congressional approval

- March 2, 2021
On Saturday, the House narrowly passed a $1.9-trillion-dollar pandemic relief and stimulus package that could see payments sent to American households in March. The House vote squeaked by with a...
Joe Shuster

Joe Shuster discusses his role in reviving Honda of Downtown Los Angeles

- February 23, 2021
Today on CBT News, host Jim Fitzpatrick is joined by Joe Shuster, Dealer Principal at Honda of Downtown Los Angeles. Shuster was instrumental in reviving the Honda dealership after it...
cybersecurity

The dangers of cybersecurity and fraud in 2021: What your dealership should know

- February 23, 2021
There are many pros when it comes to allowing customers to purchase cars online. There is an increase in efficiency, greater ease of organizing documents, and a potential rise in...
PPP loans

Temporary change in PPP loans provides funding to small businesses only

- February 23, 2021
On Monday, President Biden’s administration announced a temporary change to the Paycheck Protection Program that restricts the size of the company applying for a forgivable loan to just 20 employees....
dependability, Lexus

J.D. Power U.S. Vehicle Dependability Study shows marked improvement in quality

- February 22, 2021
Details of the 2021 J.D. Power U.S. Vehicle Dependability Study were released on Thursday, and the results are largely positive. Overall, the customer survey shows that fewer issues are being...
digital platform

How can automobile dealers utilize digital platforms in 2021? – Mike Darrow, TrueCar

- February 18, 2021
Today on CBT News, host Jim Fitzpatrick is joined by Mike Darrow, President and CEO of TrueCar. Darrow has extensive industry knowledge after spending many years in executive roles for...
Jaguar

Jaguar announces plan for all-electric lineup

- February 18, 2021
In the latest electric vehicle (EV) news, Jaguar Land Rover (JLR) announced this week that it is planning to make its Jaguar brand all-electric by 2025 and that it plans...
inventory

Sales strong and prices high through January despite below average inventory

- February 12, 2021
Through the month of January, auto sales ticked higher than December 2020 as the pandemic recovery continues. With a January SAAR of 16.6 million units and just 3.7% fewer sales over last...
Toyota

Toyota makes a robust update to profit forecast

- February 11, 2021
The world’s best-selling automakers has now updated their full-year profit expectations after realizing a net profit increase of 50% in the third quarter of their fiscal year. Toyota Motor Corp increased...

Will the record breaking automotive M&A activity continue throughout 2021? – Ryan Kerrigan

- February 10, 2021
Automotive M&A deals have been very active over the last 12 months as major retailers expand their footprint into new markets. Lithia Motors has been one of the most aggressive...


CBT News
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