TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


Automotive Industry Trends

Adam Robinson explains how proactive recruitment, dedicated HR, and modern hiring practices can transform dealership performance.

How proactive hiring can transform your dealership – Adam Robinson | Hireology

- February 28, 2024
Are you struggling to fill roles at your dealership? If so, then you're not alone. According to a recent report by Hireology, most dealers have admitted to hiring someone who...
The acquisition by Lithia Motors, set to close within the next six to eight weeks, represents a pivotal moment for Carousel Motor Group.

Lithia Motors buys Carousel Motor Group in 9-store deal

- February 27, 2024
The Pohlad family has decided to part ways with Carousel Motor Group, a company it founded 15 years ago. Lithia Motors will scoop up the dealerships and expand its footprint...
Volkswagen and Toyota announced recalls this week over issues creating fuel leaks and unexpected movements in thousands of vehicles.

Volkswagen, Toyota announce recalls impacting more than 500,000 drivers

- February 27, 2024
Two import car manufacturers announced major recalls this week affecting more than half a million drivers in the U.S. On Sunday, February 25, Volkswagen confirmed the recall of 261,257 vehicles over...
A new study highlights the slow progress automakers are making toward sustainable and ethical supply chains.

Automakers drag feet on sustainable, ethical supply chains in 2023

- February 27, 2024
Automakers made significant progress toward clean, ethical, and sustainable supply chains in 2023 but still have immense room for improvement in the years ahead. In its second annual automotive supply chain...
Experts expect vehicle affordability to remain a problem in 2024. Check out my conversation with Lotlinx CEO Len Short to find out why.

2024 auto industry steers through vehicle affordability, inventory roadblocks

- February 27, 2024
As the automotive retail industry settles into 2024, there's cautious optimism about returning to 'near-normal' vehicle inventory levels. This is a welcome change from the shortages that began in 2020....
Charlie Chesbrough joins CBT Now to discuss the January automotive market and what it can tell dealers about the months ahead.

Automotive market forecast: trends, challenges, and opportunities in 2024 — Charlie Chesbrough | Cox Automotive

- February 27, 2024
The automotive market performed astonishingly well in 2023, exiting the year mostly unphased by inflation challenges, rising interest rates, labor strikes, and the electric vehicle segment's disappointing performance. Now that...
S&P Global Mobility's Annual Automotive Loyalty Awards highlights the automakers, models and dealers that continue to win customers' hearts.

Automotive brand loyalty winners fend off retention woes in 2023

- February 26, 2024
Brand loyalty remains a critical factor in automotive marketing but has been declining for several years, making events such as S&P Global Mobility's Annual Automotive Loyalty Awards important resources for...
BYD claims its upcoming $233,000 U9 luxury electric supercar can reach top speeds of 192 miles per hour, outpacing select Ferrari models.

New BYD luxury electric ‘supercar’ to rival Ferrari

- February 26, 2024
China-based car manufacturer BYD has revealed new details and a launch timeline for its new premium electric "supercar," the U9, which it claims can compete with luxury sports models from...
Andy Guelcher joins Inside Automotive to discuss how Chevrolet dealers are navigating the challenges of today's car market.

How the dealer-OEM relationship affects customer experience — Andy Guelcher | Mohawk Chevrolet

- February 26, 2024
Chevrolet is one of the most well-known General Motors brands, whose dealer body sets the standard for auto-retailing excellence. However, as the industry has continued to evolve, Chevy franchisees have...
The industry must help entry-level new car buyers, especially younger consumers trying to establish lives already burdened with high costs.

With the high cost of new cars, can entry-level buyers stay in the market?

Someday, we’ll be able to move around in flying cars and bring to life those Star Wars highways in the skies. I’ve been making presentations recently to inform those interested...


CBT News
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