TSLA396.680-12.27%
GM83.760-0.01%
F14.950-0.05%
RIVN15.730-1.11%
CYD53.450-3.11%
HMC26.710-0.26%
TM175.780-2.67%
CVNA69.6100.16%
PAG180.2007.71%
LAD303.87011.92%
AN195.0009.17%
GPI328.29011.64%
ABG201.0407.58%
SAH84.8202.13%
TSLA396.680-12.27%
GM83.760-0.01%
F14.950-0.05%
RIVN15.730-1.11%
CYD53.450-3.11%
HMC26.710-0.26%
TM175.780-2.67%
CVNA69.6100.16%
PAG180.2007.71%
LAD303.87011.92%
AN195.0009.17%
GPI328.29011.64%
ABG201.0407.58%
SAH84.8202.13%
TSLA396.680-12.27%
GM83.760-0.01%
F14.950-0.05%
RIVN15.730-1.11%
CYD53.450-3.11%
HMC26.710-0.26%
TM175.780-2.67%
CVNA69.6100.16%
PAG180.2007.71%
LAD303.87011.92%
AN195.0009.17%
GPI328.29011.64%
ABG201.0407.58%
SAH84.8202.13%


car business

On today’s episode of CBT Now, we’re joined by Paul Daly, Founder and CEO of ASOTU, and Kyle Mountsier, Partner and COO.

ASOTU CON set to spotlight AI, fixed ops innovation, and culture-centric dealership growth

- May 7, 2025
No matter your role in the automotive industry, ASOTU CON has something for you. The highly anticipated event returns next week, May 13–16, in Baltimore, Maryland. On today’s episode of...
Aaron Baldwin steps into the role of CEO at automotiveMastermind, focusing on customer engagement and data-driven dealer solutions.

Aaron Baldwin appointed CEO of automotiveMastermind

- May 6, 2025
automotiveMastermind has named Aaron Baldwin its new Chief Executive Officer, promoting him from his previous role as Chief Product Officer. The announcement marks a key leadership transition for the S&P...

Tariffs shake Ford’s outlook, UAW pushes local production, GM names new North America chief

- May 6, 2025
Top Stories Ford suspends full-year financial guidance amid tariff challenges. Read More UAW urges automakers to boost U.S. production utilizing existing plants. Read More GM promotes Duncan Aldred to lead North American operations. Read More Rivian...

Lotlinx appoints Kerri Wise as Chief Marketing Officer

- May 6, 2025
DETROIT, May 06, 2025 -- Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today the appointment of Kerri Wise as Chief Marketing Officer. With over 25...
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...