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

Karl Brauer

Auto Industry Hits Some Headwinds in February with 2.8% Decrease in Sales – Karl Brauer, Autotrader & KBB

- March 6, 2019
Top auto industry analysts have cited rising interest rates, import tariff costs, and cold weather as some of the reasons for February’s slow down in new vehicle sales. Here to...
Hyundai

Hyundai’s 5-year, 40 Billion Dollar Plan

- March 6, 2019
This week, Hyundai Motor announced that it’s planning on allocating 45 trillion won ($40 billion USD) within the next five years to make significant technological advances, which includes about 20...
EVs

How to Make Up For Lost Profits in Your Service Department as Consumers Shift to EVs – Steve Finlay, WardsAuto

- March 5, 2019
0 When electric vehicles become more popular and mainstream, dealers worry that their fixed-ops departments will be the ones to suffer. With simpler propulsion systems and 40 percent fewer parts, EVs...
auto sales

High Prices and Concerns over Tax Refunds Cause Auto Sales to Cool in February

- March 5, 2019
As the nation goes through yet another winter freeze, the cooling effect seems to have also extended to the auto industry. Overall sales in February dropped 2.8 percent when compared...
tariffs

Trump Administration Puts Chinese Tariffs on Hold

- March 5, 2019
Back in September of 2018, Paul A. Eisenstein of NBC News reported that U.S. President Donald Trump’s plan to implement tariffs automobiles and auto parts imported from China would potentially...
used car

Never Miss the Opportunity to Make a Bid on a Used Car – Zach Hallowell, Manheim

- March 4, 2019
Zach Hallowell, Vice President of Manheim Digital Marketplace, and RMS Automotive, joins CBT Automotive to discuss how Manheim is introducing a new way to reduce or even eliminate the stress...
Consumer Reports

Consumer Reports 2019 Vehicle Recommendations

- February 26, 2019
Consumer Reports (CR) has released its 2019 list of recommended vehicles, and Subaru has come out on top. The determination for the annual list is made after testing numerous features...
auto loan

What Dealers Can Do as Auto Loan Delinquencies Rise

- February 25, 2019
Last week the Federal Reserve Bank of New York revealed that auto loan delinquencies rose significantly in the past year. According to their data, while the overall rates remain well...
February

February Foretells Slower New Vehicle Sales in 2019

- February 22, 2019
Punxsutawney Phil predicted an early spring on February 2nd, but as we head nearer to the end of the month, it looks like the new vehicle market could be headed...
connected car

The Growing Impact of the “Connected Car,”: Four Ways This Can Affect Your Dealership

- February 21, 2019
Today’s cars have become a one-stop-shop for transportation, security, and infotainment. Not only can you drive and play music, but you can now take advantage of Wi-Fi connectivity, autonomous driving...


CBT News
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