TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%
TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%
TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%


Automotive Industry Trends

Tesla shares drop 8% amid broader market declines, highlighting investor concerns over fundamentals, competition, and Musk's political ties.

Musk’s political ties and SEC probe add pressure as Tesla stock plunges

- December 19, 2024
Tesla's shares plummeted by 8%, marking the steepest decline in months, after experiencing explosive growth since the presidential election. Despite the recent pullback, the company closed at $440.13, up 75%...
Stellantis and Zeta Energy team up to develop Lithium-Sulfur EV batteries

Stellantis and Zeta Energy team up to revolutionize EV batteries

- December 9, 2024
Stellantis and Zeta Energy have announced a groundbreaking partnership to develop next-generation lithium-sulfur electric vehicle (EV) batteries. This collaboration aims to produce battery technology that is significantly lighter in weight...
Wholesale used-vehicle prices rise in November

Wholesale used-vehicle prices see slight increase in November

- December 9, 2024
According to Cox Automotive, wholesale used-vehicle prices rose in November compared to October. The Manheim Used Vehicle Value Index (MUVVI) rose to 205.4, a 0.2% increase year-over-year. Non-seasonally adjusted prices...
Volkswagen

Volkswagen faces escalating tensions as strikes loom over cost-cutting measures

- December 4, 2024
Volkswagen's ongoing dispute reached a boiling point this week as CEO Oliver Blume and Chairwoman of General and Group Works Councils of VW Daniela Cavallo faced off during a staff...
Mazda, tariffs, Trump

Trump’s threat of expanded tariffs forces Mazda into an impossible situation

- December 4, 2024
The U.S. market accounts for a third of Mazda's global sales, driving record-breaking performance for the automaker. Yet, the anticipated shift in political policies has introduced a wave of uncertainty....
Lauren Fix from Car Coach Reports on LA Auto Show

Lauren Fix breaks down 2024 LA Auto Show highlights

- December 4, 2024
The Los Angeles Auto Show recently wrapped up, and among the crowd favorites were five vehicles that stole the show. In today's episode of CBT Now, we're joined by Lauren...
The automotive industry was shocked by the recent resignation of Stellantis CEO Carlos Tavares; Joe Laham discusses the implications.

Stellantis dealer Joe Laham discusses the OEM’s leadership shakeup and the future of its brands

- December 2, 2024
The automotive industry was shocked by the recent resignation of Stellantis CEO Carlos Tavares, citing irreconcilable differences with the board. Joe Laham, President of Premier Companies, joins us on the...

Ryan Kerrigan, Michael Dunne consider if U.S. auto market is ready for Chinese upsurge

- November 29, 2024
Previously aired October 31, 2024 Chinese automakers are rapidly expanding, leaving dealers to question whether this poses a threat or an opportunity for the U.S. market. In today's episode of Inside...
M&A

Retail auto M&A rises in Q3 amid lower profit margins

- November 29, 2024
Retail auto mergers and acquisitions (M&A) are picking up steam in 2024, even as dealership profitability normalizes from pandemic-era highs. According to Haig Partners, Q3 saw 92 rooftops change hands,...
tariffs

GM and Ford brace for impact of Trump’s 25% import tariffs

- November 27, 2024
President-elect Donald Trump's proposal to impose a 25% tariff on imports from Mexico and Canada has sparked concern across the U.S. automotive industry. The policy could significantly impact automakers like...


CBT News
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