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

Weekly roundup: Used-car prices rise in July, Florida dealers react to storm, Washington launches low-income EV rebates

- August 9, 2024
Earlier this week: Wholesale used vehicles see price rise in July, Flordia automotive dealers assess the impact of Tropical Storm Debby, Washington State launches EV rebate program for low-income residents, Cox...
GM is heavily investing in repurposing its ICE assembly plants to produce EVs, a strategy President Mark Reuss says is cost-effective

GM invests in retooling plants for EV production amid slower market adoption

- August 8, 2024
General Motors (GM) is heavily investing in repurposing its internal combustion engine (ICE) assembly plants to produce electric vehicles (EVs), a strategy President Mark Reuss says is more cost-effective and...
Federal safety authorities are currently seeking information regarding a collision involving a Cybertruck that resulted in the driver's death.

Federal safety authorities seek information on fatal Tesla Cybertruck crash

- August 8, 2024
Federal safety authorities are currently seeking information regarding a collision involving a Tesla Cybertruck that resulted in the death of the vehicle’s driver. On Wednesday, the National Highway Traffic Safety Administration...
In July, wholesale used-vehicle prices increased, with Cox Automotive's MUVVI climbing to 201.6, marking a 2.8% rise from June.

Wholesale used-vehicle prices rise in July, reflecting market trends

- August 8, 2024
In July, wholesale used-vehicle prices increased, with the Manheim Used Vehicle Value Index (MUVVI) climbing to 201.6, marking a 2.8% rise from June. Despite this uptick, prices remain 4.8% lower...
In a landscape where many car dealers are just beginning to navigate the EV market, Alex Lawrence, CEO of EV Auto, stands out as a pioneer

EV Auto CEO Alex Lawrence reveals secrets to thriving in the used EV market

- August 7, 2024
In a landscape where many car dealers are just beginning to navigate the EV market, Alex Lawrence, CEO of EV Auto, stands out as a pioneer in selling used EVs....
In 2024, franchised car dealerships face challenges due to economic uncertainties, consumer behaviors, and rapid technological advancements.

Practical ways to boost sales

- August 7, 2024
In 2024, franchised new car dealerships face many challenges to their operations. The automotive sales landscape is more competitive than ever, from economic uncertainties to shifting consumer behaviors to rapid...
Nissan is set to cut its U.S. salaried workforce through a voluntary severance program as it faces declining fortunes.

Nissan cuts U.S. salaried workforce amid market struggles

- August 6, 2024
Nissan is set to reduce its U.S. salaried workforce through a voluntary severance program as the automaker faces declining fortunes in its second-largest market. The program targets white-collar employees, with...
Join Adam Marburger as he shares strategies and insights to transform your F&I operations with the four pillars of F&I success.

Adam Marburger’s ‘Black Belt Road to Sale’ for F&I success

- August 6, 2024
Welcome back to CBT News' Training Camp, where today we have the esteemed Adam Marburger, a seasoned F&I professional, sharing his insights on the crucial but often overlooked topic of...
In a significant move to boost electric vehicle (EV) sales, Ford has reintroduced a $1,500 UAW discount for its 2025 models.

Ford reintroduces $1,500 UAW discount for 2025 EV models

- August 5, 2024
In a significant move to boost electric vehicle (EV) sales, Ford has reintroduced a $1,500 United Auto Workers (UAW) discount for its 2025 models, including the F-150 Lightning and Mustang...
Rivian is set to report its Q2 earnings following a period of increased sales, cost-cutting measures, and a $5 billion investment.

Rivian to report Q2 earnings amid higher sales, cost cutting, and $5B Volkswagen investment

- August 5, 2024
Rivian is set to report its second-quarter earnings on August 6, following a period of increased sales, cost-cutting measures, and a substantial $5 billion investment from Volkswagen as part of...


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