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

Rita Case is this year's winner of the TIME Dealer of the Year Award for her incredible contributions to the car industry and her community.

Rita Case named TIME Dealer of the year at 2024 NADA Show

- February 5, 2024
Rita Case, dealer principal, CEO, and president of Rick Case Honda and CEO of the Rick Case Auto Group, was named the winner of the 2024 TIME Dealer of the Year...
Federal Reserve chair Jerome Powell still expects to see interest rates come down in 2024 but said the central bank still needs more time.

Fed chair Powell foresees interest rate cuts in 2024 but not until after March

- February 5, 2024
Federal Reserve Chair Jerome Powell confirmed that the economy remains on track to avoid a recession and allow for interest rate cuts later in the year during a "60 Minutes"...
Stellantis leadership has dismissed rumors of a potential consolidation with automaker Renault following the withdrawal of Ampere's IPO.

Stellantis dispels rumors of merger with France’s Renault

- February 5, 2024
Stellantis leadership has dismissed rumors of a potential consolidation with French automaker Renault following a media report claiming France's government was weighing a merger between the two companies. Stellantis chairman John...
Ford temporarily laid off thousands of union workers as it sought to resolve a parts supplier issue disruption production of F-150 pickups.

Ford forced to suspend F-150 production over supplier issues

- February 5, 2024
Ford temporarily suspended 9,700 union workers while it resolved supplier challenges disrupting 2024 f-150 and f-150 lightning manufacturing. The issue caused closures at the Kansas City Assembly Plant in Missouri and...
emotions

Tips for managing emotions and improving professionalism – Matt Easton | Easton University

- February 2, 2024
Poor management of emotions can create problems for both a business and its employees, often leading to loss of income and undue stress. On the other hand, proper professional etiquette,...
In its annual 10-K filing with the SEC, Tesla omitted multiple statements promoting diverse hiring practices and minority resource groups.

Tesla omits diversity statements in filing following Musk anti-DEI comments

- February 2, 2024
Tesla removed language concerning minority workers in its latest regulatory filing with the Securities and Exchange Commission (SEC), following comments from company CEO Elon Musk on Diversity, Equity, and Inclusion...
Group 1 Automotive reported record-breaking revenue and profits for 2023 but expects to cut roughly 10% of its U.K. workforce.

Group 1 Automotive posts record-high profits for 2023, will cut U.K. jobs

- February 2, 2024
Dealership conglomerate Group 1 Automotive reported record-breaking earnings for 2023 but expects to downsize its U.K. workforce in an effort to improve cost efficiency. The dealership group generated $17.9 billion in...
Fordin Automotive has specialized services cater that to a diverse clientele, including OEMs, prominent dealer groups, and tech providers.

Fordin Automotive drives innovation in dealership management with DeelrPro BI unveiling

- February 1, 2024
Raleigh, NC (February 1, 2024) —Fordin Automotive, leaders in innovation in dealership SaaS, proudly unveils DeelrPro BI. Led by industry trailblazer Fred Fordin and his son Charles Fordin, this revolutionary...
Market Outlook Report

Dave Cantin Group’s Market Outlook Report: these are the 7 most important trends facing the auto industry in 2024

While 2024 is shaping up to be to be another fascinating year for the long-term future of the car industry, the near term looks positive for OEMs, consumers and dealers,...
Tyson Jominy joins CBT Now to share his insights into the 2024 car market and the trends dealers can expect to see carry over from 2023.

Preparing your dealership for the 2024 car market — Tyson Jominy | J.D. Power

- February 1, 2024
On this episode of CBT Now, host Jim Fitzpatrick is joined by Tyson Jominy, vice president of data and analytics at J.D. Power, to discuss the latest trends affecting the...


CBT News
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