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 news

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"...
Articles Headlines
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...
Articles Headlines
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...
Articles Headlines
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...
Articles Headlines
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...
Featured Daily Automotive News
UAW president Shawn Fain and GOP candidate Donald Trump traded insults on TV and social media following the union's endorsement of Biden.

Trump, Fain trade criticisms following Biden endorsement from UAW

- February 1, 2024
United Auto Workers (UAW) president Shawn Fain and GOP candidate Donald Trump traded insults following the union's official endorsement of President Joe Biden's re-election campaign last week. In a post on...
Articles Headlines
General Motors plans to bring new hybrids to the U.S. market, reversing course after saying it would only build fully-electric vehicles.

General Motors cancels EV-only strategy, will make hybrids for U.S. market

- February 1, 2024
General Motors is joining other automakers in prioritizing hybrid production as the car industry looks to balance stringent emissions requirements with slower-than-expected electric vehicle sales. During the company's quarterly earnings call...
Articles Headlines
Incoming NADA chair Gary Gilchrist said the organization would focus its efforts on opposing government policies targeting dealers in 2024.

New NADA chair details association’s agenda for 2024

- January 31, 2024
Gary Chilchrist, incoming chairman of the National Automobile Dealers Association (NADA) and president of Gilchrist Chevrolet Buick GMC, shared details of the organization's agenda for 2024 in an interview with...
Articles Event Coverage
Colin Wickstrom joins Dealer Forward to reveal how his dealership improved sales and revenue with a seamless digital retailing experience.

Dealer Forward: Creating a seamless digital retailing experience at your dealership

- January 31, 2024
Digital retailing has become an embedded aspect of the car buying process, making a positive impact on 90% of dealerships, according to a recent Cox Automotive survey. However, there is...
Featured Sales & Marketing
Toyota remained the world's best-selling car manufacturer in 2023 but remains on the defensive after a series of safety scandals in Japan.

Toyota defends best-seller title as safety controversies mount

- January 30, 2024
Toyota defended its title as the world's best-selling automaker in 2023 for the fourth year in a row but remains on the defensive after a series of scandals involving its...
Articles Headlines

Latest Articles
Latest Articles 04/03/26

White House revises metals tariffs, Stellantis eyes Canada EVs with Leapmotor, NHTSA considers ban on faulty Chinese airbags

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa
Latest Articles 04/03/26

Ed Morse Automotive Group acquires Porsche Des Moines in Iowa

GM to invest more than $150 million in Saginaw Metal Casting Plant
Latest Articles 04/03/26

GM to invest more than $150 million in Saginaw Metal Casting Plant

White House revises metals tariffs, shifts calculation method
Latest Articles 04/03/26

White House revises metals tariffs, shifts calculation method

Stellantis explores EV production in Canada with China’s Leapmotor
Latest Articles 04/03/26

Stellantis explores EV production in Canada with China’s Leapmotor

NHTSA weighs U.S. ban on defective Chinese airbag components
Latest Articles 04/03/26

NHTSA weighs U.S. ban on defective Chinese airbag components

Toyota bets on EV rebound with seven-model U.S. lineup
Latest Articles 04/03/26

Toyota bets on EV rebound with seven-model U.S. lineup

Affordability takes center stage at the 2026 NY Auto Show
Latest Articles 04/03/26

Affordability takes center stage at the 2026 NY Auto Show

Legal battles reshape car sales
Latest Articles 04/03/26

Legal battles reshape car sales

California’s War on Classic Cars Just Hit a Wall—Thanks to Jay Leno
Latest Articles 04/03/26

California’s war on classic cars just hit a wall– Thanks to Jay Leno


CBT News
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