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

Erin Kerrigan joins CBT Now to discuss the acquisition of Jim Koons Automotive and its implications for the dealership buy-sell market.

Erin Kerrigan on advising the sale of Jim Koons Automotive to Asbury

- September 8, 2023
Asbury Automotive Group today announced plans to acquire Jim Koons Automotive Companies, making it the largest acquisition to be seen in the dealership buy-sell market since 2021. The transaction will...
Featured Daily Automotive News
Asbury Automotive Group has agreed to purchase Jim Koons Automotive Companies, marking the first dealership merger of this size since 2021.

Asbury Automotive and Jim Koons Automotive sign massive acquisition deal

- September 8, 2023
Asbury Automotive Group has agreed to purchase Jim Koons Automotive Companies, marking the first dealership group merger of this size since 2021. According to a press release, the transaction will integrate...
Articles Headlines
Perry Watson IV and Damon Lester join Inside Automotive to discuss minority dealers and the opportunities they create for the industry.

How minority dealers create unique opportunities for OEMs and buyers

- September 8, 2023
The number of franchised minority dealers increased by more than 100 for the second consecutive year in 2022, bringing the national total to 1,476 minority-owned storefronts. That data arrives courtesy...
Daily Automotive News Inside Automotive
Auto News: GM's top brass highlights UAW contract challenges. Biden's EV vision gets a $12B boost, while Tesla changes pricing.

Weekly roundup: GM raises UAW concerns, Biden pledges $12B for EV production, Tesla announces more price cuts

- September 8, 2023
Earlier this week: General Motors' manufacturing lead, Gerald Johnson, voiced his concerns regarding contract discussions with the United Auto Workers (UAW) in a video statement alongside GM's President, Mark Reuss....
Articles Headlines
The U.S. Treasury Department has announced upcoming revisions to its electric vehicle tax credit guidelines, affecting used and new dealers.

Dealers to get pre-approvals, instant transfers for electric vehicle tax credits

- September 8, 2023
The U.S. Treasury Department has announced upcoming revisions to its electric vehicle tax credit guidelines that will add new ways for dealers to collect payments from car buyers. The news was...
Articles Headlines
The United Auto Workers (UAW) union has submitted a counterproposal to Ford after rejecting the automaker's initial offer.

United Auto Workers makes progress in Ford, GM, Stellantis talks

- September 7, 2023
The United Auto Workers (UAW) union has submitted a counterproposal to Ford after rejecting the automaker's initial offer over the Labor Day weekend. The proposal is the first sign of progress...
Articles Headlines
Electric vehicle brand Lordstown Motors is seeking to preempt former business partner and Taiwanese tech manufacturer Foxconn from payouts.

Lordstown Motors moves to exclude Foxconn from bankruptcy payout

- September 7, 2023
Electric vehicle brand Lordstown Motors is seeking to preempt former business partner and Taiwanese tech manufacturer Foxconn from earning profits through the sale of assets, according to a bankruptcy court...
Articles Headlines
Joining us on today’s CBT Now we have Jessica Caldwell, to provide us with a look inside the ongoing Detroit Auto Show (Sept 13-24)

Car market update: customer pain points and inventory instability — Jessica Caldwell | Edmunds

- September 7, 2023
Dealers across the U.S. are doing their best to keep up as the new car market heads in unpredictable directions. But with both external and internal factors in constant flux,...
Featured Daily Automotive News
Ford sales rose 2% from in August thanks to a strong electric vehicle lineup, which helped counteract stagnating demand for new cars.

Ford sales rise 2% on electric vehicle sales, Mach-E breaks record

- September 6, 2023
Ford sales rose 2% from in August thanks to a strong electric vehicle lineup, which helped counteract stagnating demand for new cars. The automaker sold a total of 161,300 units in...
Articles Headlines
Automotive news, dealership news, automotive industry, automotive industry news, automotive industry insights, automotive industry trends, auto news, auto industry,

General Motors manufacturing chief shares concerns over UAW demands

- September 6, 2023
In a video statement published August 5, General Motors global manufacturing chief Gerald Johnson expressed concerns over the United Auto Workers (UAW) union's demands as contract negotiations between the organization...
Articles Headlines

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Legal battles reshape car sales
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California’s War on Classic Cars Just Hit a Wall—Thanks to Jay Leno
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California’s war on classic cars just hit a wall– Thanks to Jay Leno


CBT News
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