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

Ford has suspended its full-year financial forecast, citing $1.5 billion hit to its 2025 adjusted earnings from the President’s tariffs.

Ford suspends forecast as Trump tariffs cut $1.5B from 2025 earnings

- May 6, 2025
Ford has suspended its full-year financial forecast, citing a projected $1.5 billion hit to its 2025 adjusted earnings from President Donald Trump’s auto tariffs. The automaker said shifting trade policies...
production

UAW pushes automakers to fill idle U.S. plant capacity, citing potential for 90,000 new jobs

- May 6, 2025
The United Auto Workers (UAW) is calling on automakers to maximize production at underutilized U.S. factories, claiming the move could generate up to 90,000 new manufacturing jobs and over 630,000...
On May 5, General Motors appointed Duncan Aldred as senior vice president and president of North America, effective immediately.

GM names Duncan Aldred President of North America to strengthen sales, customer focus

- May 6, 2025
On May 5, General Motors appointed Duncan Aldred as senior vice president and president of North America, effective immediately. Aldred, who most recently served as vice president of commercial growth strategies...
Rivian is investing nearly $120 million to construct a new 1.2 million-square-foot supplier park near its manufacturing facility in Illinois.

Rivian to build $120M supplier park in Illinois, backed by $16M state incentive

- May 6, 2025
Electric vehicle manufacturer Rivian is investing nearly $120 million to construct a new 1.2 million-square-foot supplier park near its manufacturing facility in Normal, Illinois. The project, announced Monday alongside Illinois...
Ben Keating, President of Keating Auto Group

Ben Keating on dealer legacy, racing discipline, and why he’s all-in on omnichannel auto retail

- May 6, 2025
On this episode of Executive Profile, CBT News traveled to Victoria, Texas, to meet with Ben Keating, a third-generation car dealer and professional race car driver who has carved out...
On May 2, Transportation Secretary Sean Duffy told employees that he is planning to reduce the department’s workforce

Transportation Secretary plans to cut workforce by end of May under Trump’s efficiency push

- May 5, 2025
Speaking at a department town hall on May 2, Transportation Secretary Sean Duffy announced that the Department of Transportation will carry out a reduction in force (RIF) at the end...
GM will eliminate one of three shifts at its Oshawa, Ontario, plant, cutting roughly 700 jobs as it adjusts to President Trump's tariffs.

GM cuts shifts in Ontario plant, impacting 700 jobs due to auto tariffs

- May 5, 2025
General Motors (GM) will eliminate one of three shifts at its Oshawa, Ontario, plant, cutting roughly 700 jobs as the automaker adjusts its North American operations in response to President...

GM cuts 700 jobs, Tesla drops Model Y rates, JLR restarts U.S. shipments

- May 5, 2025
Top Stories GM cuts shifts in Ontario plant, impacting 700 jobs due to auto tariffs. Read More Tesla introduces low interest rates on the Model Y to stimulate sales. Read More Jaguar Land...
Jaguar Land Rover has resumed shipping vehicles to the U.S. after a nearly month-long halt triggered by President Donald Trump’s 25% tariff

Jaguar Land Rover resumes U.S. shipments after tariff-related halt

- May 5, 2025
Jaguar Land Rover (JLR)has resumed shipping vehicles to the United States after a nearly month-long suspension triggered by President Donald Trump’s 25% tariff on imported cars and light trucks. The first...
In the latest episode of CBT Now, Dave Foy shares the urgent need for innovation and leadership development in dealership service departments.

How AI and daily training are reshaping fixed ops – Dave Foy | Fixed Ops Mastermind

- May 5, 2025
As rising vehicle costs and aging car ownership push fixed ops back into the spotlight, dealers need to embrace artificial intelligence (AI) and invest in continuous training to stay competitive....


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