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

Jeffrey J. Brown will remain with Ally until January 31, 2024, or an earlier date determined by the Chair of the Board to ensure a smooth leadership transition.

Ally Financial CEO Jeffrey J. Brown steps down to become president of Hendrick Automotive Group

- October 11, 2023
Ally Financial announced today that Jeffrey J. Brown will be stepping down early next year after serving as Chief Executive Officer and a member of Ally's Board of Directors since 2015....
Auto loan accessibility rose in September for the third straight month, although car buyers still face an uphill battle to secure credit.

Auto loan accessibility improves for third consecutive month in September

- October 11, 2023
Auto loan and credit accessibility improved for the third consecutive month in September, according to Cox Automotive's Dealertrack Credit Availability Index. After a slight decline in May, auto loan accessibility began...
Stellantis and Samsung SDI now plant to build two electric vehicle battery facilities in Indiana, with an estimated budget of $6.3 billion.

Stellantis and Samsung announce new electric vehicle battery plant

- October 11, 2023
Stellantis and Samsung SDI today announced plans to build another electric vehicle battery factory in Kokomo, Indiana. With this move, the companies will eventually operate two EV-related plants in the area,...
On this edition of The Executive Profile, host Jim Fitzpatrick spent the day with John Bergstrom, Chairman of Bergstrom Automotive,

John Bergstrom on EVs, OEM relations, building an outstanding company culture, and more

- October 11, 2023
What do you get when you combine world-class company culture with 39 new car dealerships? Well, you end up with a remarkable dealer group that drives exceptional experiences for their...
Four strategies to develop your problem solving skills and become an expert at navigating challenging situations at your dealership.

Why creative problem solving is the secret ingredient to overcoming business challenges

- October 11, 2023
One of the more pressing issues facing dealerships today is navigating the numerous challenges they face, including changing consumer behavior, new OEM agreements, rising competition, and technological disruption. So, it's understandable that...
After the Austin-based EV maker's most recent price cuts, Tesla's best-selling EVs now directly compete with gasoline cars on price.

Tesla’s price cuts take the lead against average U.S. cars prices

- October 10, 2023
After Tesla's most recent price cuts, the EV maker's best-selling EVs now directly compete with gasoline cars on price. At $38,990, the base Model 3 is $8,700 less expensive than...
A new partnership aims to use artificial intelligence technology in the development of semiconductors for the automotive industry.

New partnership to build AI-powered semiconductors for automotive sector

- October 10, 2023
South Korean tech startup BOS Semiconductors has formed a partnership with U.S. artificial intelligence hardware company Tenstorrent to develop semiconductors for use in vehicles and vehicle manufacturing. The partnership will give...
BMW broke its previous electric vehicle sales record in the U.S. as overall sales rose 8% year-over-year during the third quarter.

BMW breaks quarterly electric vehicles sales record

- October 10, 2023
BMW broke its previous electric vehicle sales record in the U.S. as overall sales rose 8% year-over-year during the third quarter. From July through September, the German automaker recorded total sales...
Don't miss out on the next great profit opportunity in the automotive industry. Join Dealer Controlled Leasing and take control of your lending process today.

Dealer Controlled Leasing: The next great profit opportunity

Are you a dealership owner looking to maximize your profits while streamlining your operations? If so, Dealer Controlled Leasing (DCL) might be the game-changer you've been waiting for. DCL is...
Sean Gardner joins Inside Automotive to discuss the four phases every successful sales strategy should have.

The four phases of every good sales strategy — Sean Gardner | Joe Verde Group

- October 10, 2023
Despite drastic transformations in the way vehicles are sold, a car buyer's business is still won more often through sales strategy rather than competitive pricing. Dealers and their sales teams...


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.