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

New vehicle sales are set to increase from last February under rising incentive spend and inventory levels and lower transaction prices.

Vehicle sales on track to rise in February as supply jumps 44.7%

- February 23, 2024
New vehicle sales are predicted to rise in February, thanks to a combination of lower prices and better availability. A joint forecast from J.D. Power and GlobalData sees new vehicle sales...
A new KPA survey has uncovered a discrepancy in how buyers feel about dealer transparency and how transparent the sales process really is.

New research highlights impact of dishonesty in the auto sales process

- February 23, 2024
New research has identified a discrepancy in the rate at which customers experience dishonest practices during the car sales process and the percentage of customers who fear their dealer will...
Cole Kutschinski joins Inside Automotive to explain how conversational AI platforms can enhance the dealership sales process.

What can conversational AI achieve for your dealership? — Cole Kutschinski | ICOM AI

- February 23, 2024
Conversational artificial intelligence (AI) is a new and swiftly evolving tool that can speed up the sales process and improve customer retention within the dealership. However, as with any major...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

Elon Musk’s Neuralink achieves a major medical milestone

- February 23, 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Ford dodges UAW strike, used car prices fall, EV startups report Q4 earnings, Fisker expands dealer network, and Cruise shakes things up.

Weekly roundup: Ford averts UAW strike, Fisker expands dealer network, Cruise leadership shakeup

- February 23, 2024
Earlier this week: Ford narrowly averted a UAW strike at its Kentucky Truck Plant by reaching a tentative agreement. A ratification vote is pending for the facility's 9,000 employees. Meanwhile,...
The UAW is committing $40 million to fuel its unionization efforts across multiple automaker facilities in the U.S.

UAW to spend $40 million on unionization campaign over next 2 years

- February 22, 2024
The United Auto Workers (UAW) union is now committed to spending $40 million on its labor organization campaign, which is currently underway at non-union automaker facilities across the U.S. The UAW...
Electric vehicle brands Lucid, Rivian, and VinFast posted financial results this week that underscored the market's current struggles.

Electric vehicle startups post mixed Q4 earnings results

- February 22, 2024
Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car segment, fueled by lower-than-expected sales and...
In a recent study by Recurrent, it suggests that range anxiety is not a significant problem for the average daily driver.

New study debunks range anxiety myth for EVs

- February 22, 2024
Since introducing electric vehicles (EVs) to the automotive sector, several consumers have lingered around the prevalent issue of range anxiety. Range anxiety refers to the fear that an electric car will...
April Simmons joins Inside Automotive to discuss the latest dealership marketing trends impacting the retail automotive sector.

Understanding the latest dealership marketing trends — April Simmons | Horne Auto Group

- February 22, 2024
Dealership marketing trends have evolved rapidly in recent years as consumer preferences and industry conditions have changed. With so much to keep track of, many dealers feel at a loss...
JT Taylor joins CBT Now to discuss the latest financial trends impacting the retail automotive sector in 2024.

How the car market is adjusting to interest rates and inflation — JT Taylor | Truist Securities

- February 22, 2024
In 2023, the U.S. faced increased interest rates and rapid inflation, both of which placed heavy pressure on car buyers and retailers alike. On this episode of CBT Now, host...


CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.