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

Tesla manufacturing employees are set to receive a "market adjustment" raise as the UAW doubles down on its efforts to unionize the company.

Tesla boosts pay after UAW ramps up unionization efforts

- January 12, 2024
Tesla will boost worker pay across the U.S. in an effort to keep wages competitive with market norms, several months after the United Auto Workers (UAW) union won considerable raises...
Well-known rental car company Hertz announced that it would sell around one-third of its EV fleet due to the depreciation of EVs.

Hertz reduces EV fleet by 20,000 vehicles, blames Tesla

- January 12, 2024
The well-known rental car company Hertz Global Holdings announced that it would sell around one-third of its EV fleet since it depreciated faster than anticipated. The decline in value is...
The UAW says 30% of Mercedes-Benz manufacturing employees at an Alabama plant have committed to unionization.

UAW hits second unionization milestone at Mercedes-Benz plant

- January 12, 2024
The United Auto Workers (UAW) union says it has obtained union authorization cards from over 30% of Mercedes-Benz's Alabama manufacturing employees, marking another milestone in the group's efforts to organize...
Adam Arens joins Inside Automotive to share his perspectives on the 2023 auto market and his dealership strategy recommendations for 2024.

Strategies to prepare your dealership for 2024 — Adam Arens | Patriot Automotive Group

- January 12, 2024
Things have changed in the dealership over the last four years. Keeping up with these shifts is crucial, not only to determine how far the retail automotive sector has come...
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

Top automotive innovations announced at CES 2024

- January 12, 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...
Car manufacturing executives displayed cautious optimism toward the 2024 automotive market following a complicated year.

Car manufacturers share cautious expectations on 2024 automotive market

- January 11, 2024
Sentiments toward the automotive market shifted among dealers, manufacturers, and other industry insiders in accounting and professional services conglomerate KPMG's latest Global Automotive Executive Survey. While current perspectives on the automotive...
New car prices continued to fall in December as auto market conditions shift to favor buyers over sellers.

New car prices dip in December as buyer’s market returns

- January 11, 2024
New car prices continued to fall in December as the automotive market remains on track to hit pre-pandemic norms in the near future. According to Cox Automotive, new vehicle transaction prices...

What to expect from the 2024 dealership buy-sell market — Erin Kerrigan | Kerrigan Advisors

- January 11, 2024
As the retail automotive sector has adjusted to new technologies, government policies, and consumer preferences, so too has the dealership buy-sell market. Although the pace of mergers and acquisitions activity...
Brooke Furniss joins CBT Now to discuss the key dealership marketing headwinds impacting retailers in 2024.

Dealership marketing headwinds and the solutions to beat them — Brooke Furniss | BZ Consultants Group

- January 11, 2024
Dealership marketing strategies must be frequently tuned to maintain their effectiveness, lest consumer preferences and technological advances make them obsolete. As the retail automotive community enters into a new year...
Retail automotive is always brimming with career opportunities. In this article, we take a look at five reasons to join the car business.

5 reasons to work in the retail automotive industry

- January 11, 2024
Technology is always evolving, and one of the industries that consistently pushes the boundaries of innovation is the automotive industry. When it comes to careers in the industry, however, there...


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