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

Car owner satisfaction declined for the second year in a row in 2023, according to the J.D. Power APEAL study.

Car owner satisfaction declines for second year in J.D. Power study

- July 21, 2023
Car owner satisfaction declined for the second year in a row, according to the J.D. Power Automotive Performance, Execution and Layout (APEAL) Study. It is the first time in nearly three...
President Biden met privately with Shawn Fain, leader of the UAW, as the automotive industry prepares for the possibility of a labor strike.

UAW chief Fain meets privately with President Biden amidst contract fight

- July 20, 2023
President Biden met privately with Shawn Fain, leader of the United Auto Workers (UAW) union, on July 19 as the automotive industry prepares for the possibility of a labor strike. Biden...
Tesla once again beat earnings forecasts in Q2 but struggled to sustain profitability on its increasingly discounted electric vehicle lineup.

Tesla sees stagnating profits in Q2 even as electric vehicle revenues rise

- July 20, 2023
Tesla once again beat earnings forecasts in the second quarter but struggled to sustain profitability on its increasingly discounted electric vehicle lineup. The electric vehicle brand reported $24.93 billion in revenue...
Tesla autonomous vehicles, self-driving

Tesla bets its future on autonomous vehicles, Musk prioritizes sales

- July 20, 2023
Tesla CEO Elon Musk has put his attention on sales rather than profitability, hoping the EV maker's elusive full autonomous vehicles software could improve margins. This strategy could intensify the...
On this edition of CBT Now, Jim Fitzpatrick speaks with J.D. Power's Tyson Jominy about the current state of the U.S. new car market.

Where does the new car market stand today? — Tyson Jominy | J.D. Power

- July 20, 2023
On this edition of CBT Now, Jim Fitzpatrick speaks with Tyson Jominy, the Vice President of Data and Analytics at J.D. Power, about the current state of the U.S. new...
Carvana revealed its plans to raise capital and restructure operations by selling up to $1 billion in shares. 

Carvana announces Q2 earnings, reaches debt restructuring agreement

- July 19, 2023
On July 19, used-car retailing giant Carvana released its second-quarter earnings and announced an agreement to reduce the company's total debt by over $1.2 billion. In a statement, Carvana said the agreement...
A lawsuit opposing a new Georgia factory proposed by Rivian has hit a roadblock after the state supreme court refused to hear an appeal.

Rivian to receive massive tax breaks in Georgia after appeal attempt fails

- July 18, 2023
A lawsuit opposing tax incentives for a new Georgia factory proposed by Rivian hit a roadblock on July 14 when the state supreme court refused to hear an appeal in...
The Prince Toyota dealership of Tifton, Georgia, has donated $5,000 to the Tift Regional Medical Center (TRMC) Foundation.

Prince Toyota dealership donates $5,000 to Tifton medical foundation

- July 18, 2023
The Prince Toyota dealership of Tifton, Georgia, has donated $5,000 to the Tift Regional Medical Center (TRMC) Foundation to help the organization provide better care for its patients. The Toyota dealership...
Sean Gardner joins Inside Automotive to discuss techniques for closing the sales process and winning over more customers.

Understanding the sales process: how to close more deals — Sean Gardner | Joe Verde Group

- July 18, 2023
Closing is a critical step in the sales process, and having a technique that works almost every time can make things much easier on the floor. On this episode of...
Lotlinx hires, promotes four with more than 85 combined years of industry experience to grow dealer partnerships and automate inventory management.

Lotlinx expands executive team to help dealers take control of inventory with data-driven solutions

- July 18, 2023
Peterborough, N.H. (July 17, 2023) – Lotlinx, the auto industry’s leading VIN-specific data solution for inventory management, expanded its executive team to better help dealers leverage real-time data at a...


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