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%


car business

Fed cuts rates, GM renews China JV talks, Hyundai lifts revenue forecast

- September 18, 2025
Top Stories Fed cuts rates, signals two more before year-end. Read More GM in talks to renew China venture as market shows signs of recovery. Read More Hyundai raises revenue forecast amid U.S....
Volkswagen presented its final and "last, best" contract offer to hourly workers represented by the UAW at its assembly plant in Tennessee.

Volkswagen makes final contract offer to UAW workers in Tennessee

- September 18, 2025
On the Dash: Volkswagen is offering a 5% immediate pay increase and 3%–6% annual raises over four years, potentially increasing top hourly wages to nearly $80,000 by 2026. The Chattanooga...
Hyundai Earns Triple Honors in Corporate Social Responsibility Awards from Ragan Communications

Hyundai earns triple honors in Corporate Social Responsibility Awards from Ragan Communications

- September 18, 2025
FOUNTAIN VALLEY, Calif., Sept. 16, 2025 – Hyundai Motor America has been honored with three prestigious awards at the 2025 Ragan Corporate Social Responsibility (CSR) Awards, emphasizing the company’s dedication to community...
The Presidio Group

AutoNation acquires two Fletcher Jones dealerships in Chicago

- September 18, 2025
AutoNation has expanded its presence in the Chicago market with the purchase of Mercedes-Benz of Chicago and Fletcher Jones Audi from Fletcher Jones Automotive Group. The acquisition, which closed on...
The Federal Reserve on Wednesday approved a widely anticipated quarter-point cut to its benchmark overnight lending rate.

Fed cuts rates, signals two more before year-end

- September 18, 2025
On the Dash: The Fed cut its benchmark rate by 0.25 percentage points to 4.00%-4.25% and signaled two more cuts before year-end. Weakening labor market conditions, rather than inflation, are...

Hyundai raises revenue forecast amid U.S. tariffs, lowers profit margin expectation

- September 18, 2025
On the Dash: Hyundai has raised its 2025 revenue forecast to 5–6% growth but lowered its operating profit margin expectation to 6–7% due to U.S. tariffs. The automaker confirmed its...
surcharging

Cash discounting vs. surcharging: The case for optimized surcharging

- September 18, 2025
Most auto dealerships operate on razor-thin profit margins while juggling rising costs for inventory and labor. Adding to these financial pressures, credit card processing fees, typically ranging from 1.5% to...
Carvana partnered with Shaquille O’Neal to debut the world’s first AI-powered “Shaqbot,” a digital assistant making online car buying easier

Carvana teams up with Shaquille O’Neal to launch AI-powered ‘Shaqbot’

- September 17, 2025
On the Dash: Carvana partnered with Shaquille O’Neal to launch the AI-powered “Shaqbot,” embedding his voice and personality into its car-buying platform. The collaboration includes a campaign with national ads,...
Rivian breaks ground on its delayed $5B EV plant east of Atlanta, Georgia, as President Trump’s rollback of EV tax credits takes effect.

Rivian breaks ground on $5B Georgia EV plant amid market challenges

- September 17, 2025
On the Dash:  Rivian has begun construction on its $5 billion Georgia plant even though the Trump administration ended the $7,500 federal tax credit for EV buyers. The Georgia facility,...
Los Angeles Auto Show

More automakers, more test drives, more to discover at the 2025 Los Angeles Auto Show®

- September 17, 2025
LOS ANGELES (September 16, 2025) –Los Angeles Auto Show® will feature a robust lineup of global automakers this November, continuing the show’s role as one of the world’s most influential automotive events....


CBT News
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