TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


automotive industry

BMW sales rose marginally during the first quarter, lifted by strong electric vehicle demand despite a cooldown in pricing.

BMW sales rise in Q1 thanks to strong EV performance

- April 10, 2024
BMW sales rose slightly in the first quarter thanks to a surge in electric vehicle demand, fueling optimistic expectations for the remainder of the year. The German automaker sold 594,671 units...
Leading up to the settlement, Tesla argued that the driver had been playing a game on his phone before the crash.

Tesla settles Autopilot lawsuit over 2018 crash that killed Apple engineer

- April 9, 2024
Tesla has settled a highly publicized lawsuit over the death of Apple engineer Walter Huang, who crashed his Model X while using Autopilot in 2018. The surprise settlement arrived just before...
Car buyers are returning to the new and used vehicle markets in hopes of finding bargain prices, even though affordability remains sparse.

Buyers flooding the market in hopes of improved affordability

- April 9, 2024
Buyers are returning to the new and used vehicle markets in hopes of finding a good deal, even as pre-pandemic levels of affordability remain distant, according to CarGurus' first quarter...
Sheldon Sandler joins Driving Solutions to share his tips for navigating the complicated dealership M&A market's new landscape.

The dos and don’ts of dealership M&A, for sellers — Sheldon Sandler | Bel Air Partners

- April 9, 2024
The dealership M&A (mergers and acquisitions) sector has seen high levels of activity in recent years as the retail automotive industry has adjusted to evolving trends in profits, inventories, and...
Sean Gardner unpacks strategies for effectively bridging the gap and empowering customers to maximize their car-buying budgets.

How sales teams can outperform the competition and close more deals – Sean Gardner | Joe Verde Group

- April 9, 2024
Inventory management is no longer a major issue for many dealerships. Therefore, one key factor in achieving success today is the ability to outperform your competitors in terms of sales....
Tesla said it will unveil a robotaxi later this year, following a report claiming its affordable Model 2 project had been cancelled.

Tesla sets date for robotaxi debut following Model 2 cancellation claims

- April 8, 2024
Tesla is building a robotaxi, according to company CEO Elon Musk. The self-driving vehicle will apparently make its debut this August, according to a short post published Friday, April 5, by...
Used vehicle values dropped in March compared to last year but remained mostly stable from February, despite an increase in sales.

Used vehicle prices dip again in March amidst sales surge

- April 8, 2024
Used vehicle prices at auction were stable month-over-month in March but declined sharply from last year, following months of normalizing inventory levels in both the new and pre-owned markets. Cox Automotive...
On April 8, the president of Daihatsu, Masahiro Inoue, announced that Toyota would supervise model certification at its subsidiary.

Toyota oversees Daihatsu model certification amid cheating scandal

- April 8, 2024
On April 8, the president of Daihatsu, Masahiro Inoue, announced that Toyota would supervise model certification at its subsidiary in an effort to regain the trust of dealers, consumers, and...
Jonathan Dawson shares his insights into the core principles that help entrepreneurs drive business success in a challenging environment.

Simple strategies to lead your dealership employees through change

- April 8, 2024
Adapting to change is a considerable task, one that often leaves dealership leaders at a loss. However, by focusing on the right things, even the most difficult headwinds can be...
Stellantis CEO wants electric vehicle batteries to lose half their weight, citing the environmental impacts of current-gen technology.

Stellantis CEO calls for lighter electric vehicles amidst hybrid surge

- April 5, 2024
Stellantis CEO Carlos Tavares is calling for lighter electric vehicles as the industry grapples with massive materials costs in current-generation battery technology. Speaking at the automaker's Freedom of Mobility Forum earlier...


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.