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

Volvo Cars faces challenges in 2025, including tariffs, slowing EV adoption, and rising competition from Chinese automakers.

Volvo adjusts production strategy amid market challenges and increased competition

- February 6, 2025
Volvo reported a 12% rise in operating income for 2024, reaching $2.04 billion, driven by an 8% increase in sales and record revenue. However, the company is bracing for significant...
Mike Stanton, president and CEO of the NADA

NADA Show 2025: Mike Stanton | NADA

- February 6, 2025
Mike Stanton, President and CEO of the National Automobile Dealers Association (NADA), sat down with CBT News' Jim Fitzpatrick to share his perspective on the outlook for the automotive industry...
technology

The New Frontier: A Technology Guided Sales Experience

- February 6, 2025
Over the past decade, dealers have invested significantly in technology to support and strengthen their sales process. Digital retailing in particular has grown in popularity. According to a Dealer survey,...

GM slashes Cruise workforce, Honda-Nissan merger stalls, Toyota accelerates EV push

- February 5, 2025
Top Stories GM cuts nearly half of Cruise workforce, abandons robotaxi plans. Read More Leadership clash derails Honda-Nissan merger discussions. Read More Toyota accelerates electrification plans amid tariff uncertainty. Read More Ford announces shakeup...

GM cuts nearly half of Cruise workforce, abandons robotaxi plans

- February 5, 2025
General Motors (GM) is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce as part of a broader plan to end its...
Honda-Nissan merger faces delays as leadership disputes and restructuring issues threaten the deal, with Mitsubishi holding off on joining.

Leadership clash derails Honda-Nissan merger discussions

- February 5, 2025
The potential merger between Honda and Nissan hit a significant roadblock after Nissan withdrew from the agreement due to leadership disagreements. In December, the automakers entered formal discussions to create a...
Toyota is ramping up its electrification efforts with plans to produce batteries for hybrids, plug-in hybrids, and full-electric vehicles.

Toyota accelerates electrification plans amid tariff uncertainty

- February 5, 2025
Toyota is ramping up its electrification efforts with plans to produce batteries for hybrids, plug-in hybrids, and full-electric vehicles at its new North Carolina factory starting in April.  The automaker is...

Retired General Jim Camp shares how dealers can negotiate towards success

- February 5, 2025
From negotiating historic pay raises for Air National Guard pilots to leading thousands of Airmen on missions, Jim Camp has spent his career mastering the art of strategy, negotiation, and...
Ferrari posted stronger-than-expected Q4 results, bolstered by robust U.S. demand despite broader struggles in the luxury auto market.

Ferrari defies luxury auto slump with strong U.S. sales

- February 4, 2025
Ferrari NV posted stronger-than-expected fourth-quarter results, bolstered by robust U.S. demand despite broader struggles in the luxury auto market. Sales climbed 14% year-over-year to $1.8 billion, while earnings before interest,...

China responds to U.S. tariffs, GM expands EV vision, Scout Motors begins production in SC

- February 4, 2025
Top Stories China strikes back at U.S. tariffs with new duties and export controls. Read More General Motors expands its electric vision through GM Energy. Read More South Carolina blocks Scout Motors’ direct sales...


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