TSLA374.010-4.92%
GM82.1302.61%
F14.4050.135%
RIVN17.180-0.58%
CYD46.1401.35%
HMC28.530-0.03%
TM179.940-0.4%
CVNA62.745-2.835%
PAG214.57019.38%
LAD339.9509.16%
AN205.9707.49%
GPI327.93016.31%
ABG223.3607.25%
SAH100.8803.35%
TSLA374.010-4.92%
GM82.1302.61%
F14.4050.135%
RIVN17.180-0.58%
CYD46.1401.35%
HMC28.530-0.03%
TM179.940-0.4%
CVNA62.745-2.835%
PAG214.57019.38%
LAD339.9509.16%
AN205.9707.49%
GPI327.93016.31%
ABG223.3607.25%
SAH100.8803.35%
TSLA374.010-4.92%
GM82.1302.61%
F14.4050.135%
RIVN17.180-0.58%
CYD46.1401.35%
HMC28.530-0.03%
TM179.940-0.4%
CVNA62.745-2.835%
PAG214.57019.38%
LAD339.9509.16%
AN205.9707.49%
GPI327.93016.31%
ABG223.3607.25%
SAH100.8803.35%


Automotive Industry Trends

urban science

Number of Dealership Rooftops Remains Stable – Mitch Phillips, Urban Science

- August 24, 2020
  The mid-year numbers are out and there have been some interesting developments for new vehicle franchises, according to the latest Automotive Franchise Activity Report from Urban Science. Here to talk...
AV corridor

Despite AV Hesitancy, The First Self-Driving Corridor is Planned for a Detroit Suburb

- August 20, 2020
The nation’s first autonomous driving corridor has been planned for the state of Michigan, according to a news release from Michigan Economic Development Corporation. Expected to run between Detroit and...

GM Facing Market Pressure for EV Spin-Off

- August 20, 2020
General Motors is making a strong climb towards creating more electric offerings. Market experts are taking notice and believe GM could make a major financial splash if the company spins...

Tesla and Other EV Makers Ramping Up Production Despite Flat First Half

- August 19, 2020
The EV market has made tremendous strides throughout the course of 2020. New electric offerings have hit showrooms and new EV brands have emerged with plans to launch all-electric models...

Winston Pittman Sr. Shares His Advice For Aspiring Minority Dealers

- August 18, 2020
The numbers are staggering, there are only 265 black-owned dealerships across the US. For decades, minorities wanting to get into the retail automotive industry have been met with many obstacles....
Drako Motors

Drako Motors Founder on Disrupting the EV Market with $1.2M Supercar

- August 17, 2020
A year after the 2020 Drako GTE was officially announced, the 1,200-horsepower, electric, luxury sedan is still getting tons of attention and notoriety for its robust performance, and hefty price...
Jim Appleton

What the Future Holds for New Jersey Dealers – Jim Appleton, NJ CAR

- August 17, 2020
When we last spoke to NJ CAR president Jim Appleton in April, New Jersey was in the midst of the COVID-19 shutdown. All vehicle sales were done remotely, all delivery...
Tom Maoli

Tom Maoli Asserts COVID-19 Created a ‘perfect storm’ for Auto Retail

- August 14, 2020
When dealing with the COVID-19 pandemic, serial entrepreneur Tom Maoli says, "the barrier became the blessing." Tom is the President and CEO of Celebrity Motor Cars, LLC, a New Jersey...

Tesla’s Stock Soars After Its Historic Split

- August 13, 2020
Investors' most common complaint with Tesla’s stock has been expensive share prices. However, that’s all about to change. The electric automaker announced late Tuesday that they are planning to split...
EV

New EV Competitors Try to Dethrone Tesla

- August 12, 2020
The EV market has been dominated by Tesla in 2020, with little resistance from any other company in the market. However, Elon Musk’s auto brand is certainly setting the stage...


CBT News
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