TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%
TSLA354.720-7.72%
GM83.9600.3%
F12.4300.12%
RIVN12.420-0.6%
CYD26.020-0.33%
HMC34.2800.22%
TM194.6102.67%
CVNA58.830-1.7899%
PAG212.4200.42%
LAD295.140-0.17%
AN161.7301.93%
GPI242.2202.42%
ABG170.0500.18%
SAH63.6100.1%


car business

Jack Weidinger

NY Cadillac/GMC dealer donates $25,000 to community college to support automotive education

- August 26, 2025
New York, NY: August 20, 2025 – New York auto dealer Jack Weidinger, President of the Weidinger Automotive Group and immediate past Chairman of the Greater New York Automobile Dealers Association...
The clock is ticking for U.S. car shoppers hoping to claim the federal EV tax credit, but the IRS has provided relief for last-minute buyers

IRS gives EV buyers deadline relief on $7,500 tax credit

- August 26, 2025
On the Dash: Dealers can reassure customers that signing a binding contract and making a payment before Sept. 30 locks in the $7,500 federal EV tax credit, even if the...
Hyundai announced a $26 billion investment in the U.S. between 2025 and 2028, reinforcing its commitment to job creation, and growth.

Hyundai to invest $26B in U.S. to expand jobs, tech, manufacturing

- August 26, 2025
On the Dash: Hyundai’s new steel mill in Louisiana and increased auto production capacity mean a more stable supply for vehicles sold in the U.S., giving dealers confidence in inventory...
The buy-sell market remains in the spotlight this year, and although there is some economic uncertainty, transactions are still occurring.

Bel Air Partners’ Willie Beck on how dealers are navigating the active buy-sell market

- August 26, 2025
The buy-sell market remains in the spotlight this year, and although there is some economic uncertainty, transactions are still occurring. On the latest episode of CBT Now, Willie Beck, Co-Managing...
On Friday, Federal Reserve Chairman Jerome Powell indicated the possibility of interest rate cuts in the coming months.

Fed Chair Powell hints at possible rate cuts as risks persist

- August 25, 2025
On the Dash: The Fed chair signaled that interest rate reductions could occur in the coming months, but emphasized that decisions will be data-driven and cautious. Powell noted tariffs are...
Fox Motors

Fox Motors adds Greenville Chevy-GMC store, reaches 47 dealerships in Michigan

- August 25, 2025
Fox Motors purchased Tinney Chevrolet GMC in Greenville, Michigan, from the Tinney family on August 12, 2025. The dealership is now operating as Fox Greenville Chevrolet-GMC, increasing the group’s presence...

Canada drops retaliatory tariffs, Trump’s car loan tax deduction, Audi raises 2026 prices

- August 25, 2025
Top Stories Canada drops several retaliatory tariffs to align with U.S. exemptions. Read More Trump’s car loan tax deduction offers modest savings on U.S. cars. Read More Audi raises prices across 2026 lineup....
Reynolds

Reynolds introduces Rey, its cutting-edge AI agent for dealerships, at Amplify

- August 25, 2025
DAYTON, Ohio – August 21, 2025 – The Reynolds and Reynolds Company announced the release of Rey, an artificial intelligence agent designed for dealership professionals at Reynolds Retail Summit: Amplify...
Canada is dropping many of its retaliatory tariffs to match U.S. exemptions under the USMCA, Prime Minister Mark Carney announced Friday.

Canada drops several retaliatory tariffs to align with U.S. exemptions

- August 25, 2025
On the Dash: Canada is dropping many retaliatory tariffs to match U.S. exemptions, ensuring over 85% of trade with the U.S. remains tariff-free. Canada retains tariffs on steel, aluminum, and...
Audi has increased prices on most of its 2026 models, with hikes ranging from $800 to $4,100 depending on the vehicle.

Audi raises prices across 2026 lineup

- August 25, 2025
On the Dash: Audi increased prices by $800 to $4,100 on most 2026 models, with the biggest jumps seen on higher-end trims like the RS 7 and A8. Buyers now...


CBT News
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