TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%


automotive

Bentley reports a 10% revenue decline in 2024, citing market challenges, while focusing on high-end customers and electrification goals by 2035.

Bentley sees revenue dip but bets on luxury buyers to drive growth

- March 19, 2025
Bentley has reported its lowest annual revenue since 2020, citing a difficult global market in 2024. The British luxury automaker, a subsidiary of Volkswagen, announced an operating profit of $407...
General Motors' self-driving car subsidiary, Cruise, is preparing to relaunch its driverless robotaxi service in Phoenix, Arizona.

Cruise to relaunch driverless service in Phoenix, after safety enhancements

- May 14, 2024
General Motors' self-driving car subsidiary, Cruise, is preparing to relaunch its driverless robotaxi service in Phoenix, Arizona. Following a hiatus due to an incident in San Francisco, Cruise has focused...
service advisor

5 focused strategies to bring a wayward service advisor back in line

- December 14, 2023
In the automotive realm, the salespeople are superstars, capable of selling big-ticket items. In most dealerships, however, the service advisor is responsible for generating more gross profit every month than...
Today on Inside Automotive, Jim Fitzpatrick is joined by United States Senate candidate and former dealer principal, Bernie Moreno.

U.S. Senate candidate Bernie Moreno on economic, social policies and electric vehicles

- December 5, 2023
Welcome to another edition of the CBT News original series Inside Automotive. Today, we're joined by United States Senate candidate and former dealer principal, Bernie Moreno. In 2005, Moreno invested all...
Significant M&A activity in October and November: auto dealerships in Charlottesville, Fresno, and Cincinnati change hands.

M&A roundup: dealerships change hands in Virginia, California, Ohio and more

- December 5, 2023
The most recent Q3 2023 Haig Report from buy/sell firm Haig Partners, highlights the robust demand for car dealerships. According to the report, 2023 is on track to become the...
talent

Using better marketing to attract better talent

- December 5, 2023
Countless articles and news stories focus on the lack of workers for many businesses today. Some blame the economy, some blame government assistance, or that people have decided to change...
reconditioning

4 simple tips to improve your dealership’s reconditioning process

- December 4, 2023
How long does it take your dealership to recondition a used vehicle? If you are one of the top performers, the answer would be 24 hours or less. Does it...
Ford is committed to identifying cost-cutting measures, including a $12 billion scale-back in future electric vehicle (EV) investment.

Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal

- November 30, 2023
In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes and negotiations with the United Auto...
Despite this setback, GM remains optimistic, planning to cover the costs of its new contract with the UAW and even increase its dividend.

GM reports $1.1 billion hit from UAW strike but raises dividend, adjusts financial outlook

- November 29, 2023
General Motors (GM) has reported a significant financial impact from the recent six-week strike by autoworkers, with pretax earnings suffering a $1.1 billion loss, according to The Associated Press. Despite this...
words

5 powerful words to use when interacting with customers

- March 21, 2023
In the automotive industry, it's all about closing on a sale. Some people tend to convert every customer into a sale with decent grosses, and others struggle to make the...


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