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

SimplePay

CDK launches SimplePay: Fast, efficient payments for consumers, greater efficiency for dealerships

- August 4, 2025
AUSTIN, Texas--(BUSINESS WIRE)--CDK, the leading automotive retail software provider, has introduced CDK SimplePay—a fully embedded, cloud-based solution that offers dealers a seamless, secure and scalable way to process payments while delivering...
China’s largest electric vehicle manufacturer, BYD, reported a sharp drop in monthly sales for the first time in 2025.

BYD reports July sales decline amid escalating EV price war

- August 4, 2025
China’s largest electric vehicle manufacturer, BYD, reported a sharp drop in monthly sales for the first time in 2025, delivering 341,030 vehicles in July, down from 377,628 in June. The...

Tesla’s loyalty shifts, BMW reveals iX3, EVgo $255M loan for U.S. charging

- August 4, 2025
Top Stories Tesla's U.S. loyalty shifts after Musk's Trump endorsement, S&P data shows. Read More BMW unveils iX3 and strategy to take on Tesla and Chinese EV rivals. Read More EVgo lands $225M...
https://www.cbtnews.com/evgo-lands-225m-credit-facility-to-expand-u-s-fast-charging-network/

Tesla’s U.S. loyalty shifts after Musk’s Trump endorsement, S&P data shows

- August 4, 2025
Tesla’s brand loyalty has sharply declined in the U.S. since CEO Elon Musk publicly endorsed Donald Trump in July 2024, according to exclusive S&P Global Mobility data shared with Reuters....
EVgo has secured a $225 million senior secured, non-recourse credit facility from five major banks, positioning the company to grow.

EVgo lands $225M credit facility to expand U.S. fast-charging network

- August 4, 2025
EVgo has secured a $225 million senior secured, non-recourse credit facility from five major banks, positioning the EV charging company to rapidly grow its national network by adding more than...
On the latest episode of Service Drive, Corey Smith offers insight into how fixed ops leaders can improve retention.

How fixed ops teams can enhance tech and improve customer retention – Corey Smith | EasyCare

- August 4, 2025
As technology and customer expectations evolve, automotive service departments face pressure to adapt or risk falling behind. On the latest episode of Service Drive, Corey Smith, National Fixed Ops Training...
Cox Automotive, market

EV sales show mixed Q2 results – Stephanie Valdez Streaty | Cox Automotive

- August 4, 2025
Cox Automotive recently released its latest Kelley Blue Book EV sales report, offering a snapshot of current electric vehicle market dynamics. On today's episode of CBT Now, Stephanie Valdez Streaty,...

Weekly roundup: U.S.-EU set 15% tariff deal, Stellantis posts $2.5B loss, Toyota hits record sales

- August 2, 2025
ICYMI: The U.S. and EU struck a trade deal setting a 15% tariff on most European imports. Stellantis posted a $2.5 billion loss for the first half of 2025. Toyota...
Ken Garff Automotive Group

Asbury Automotive sells three Utah dealerships to Ken Garff Automotive

- August 1, 2025
Asbury Automotive Group has sold three former Larry H. Miller dealerships in Utah to Ken Garff Automotive Group as part of a strategic move to comply with manufacturer limits following...
Blackstone

Blackstone Automotive acquires four Fresno dealerships from Michael Auto Group

- August 1, 2025
In mid-June, four Fresno-area stores (Toyota, Chevy, Cadillac, VW) were sold by Mike Rosvold to Steve Cornelius and rebranded under the Blackstone name. Sign up for CBT News’ daily newsletter and...


CBT News
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