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

Trevor Milton, Nikola's founder, was given a four-year prison sentence. Earlier a jury found him guilty of deceiving investors.

Judge finds Nikola founder guilty of defrauding investors, remains free on bail

- December 19, 2023
On December 18, Trevor Milton, the founder of Nikola, an electric and hydrogen-powered truck manufacturer, was given a four-year prison sentence. Earlier this year, a jury found him guilty of...

Used-vehicle sales dip, experts change EV outlook, Honda offers used car leases

- December 19, 2023
Inside Automotive  The profit and inventory trends dealers will see in the New Year — Kevin Tynan | Bloomberg Intelligence After a tumultuous year, dealers are speculating over what the New Year...
NHTSA acting director, Ann Carlson, announced that she was resigning effective December 26.

NHTSA’s acting head reveals resignation amidst stricter fuel economy standards

- December 18, 2023
On December 15, the National Highway Traffic Safety Administration's (NHTSA) interim director, Ann Carlson, announced that she was resigning, effective December 26. Before her departure, she oversaw the agency's investigations...
Known for his practical and innovative approach, Johnny Masano has numerous years of valuable experience in the automotive industry.

40 Under 40 Honoree: Johnny Masano | Tom Masano Auto Group

- December 18, 2023
John "Johnny" Masano, President of Tom Masano Auto Group in Reading, Pennsylvania, continues his family's legacy as a third-generation car dealer. Known for his practical and innovative approach, Masano has...
While managers set broad goals for their department, mentors takes a personalized approach by tailoring opportunities to each employee.

The mentorship mindset: how effective leaders nurture the growth of their teams

- December 18, 2023
For dealership managers and executives, getting top talent in place is only half the battle for driving sales and boosting profits. Sharp leaders realize that success comes from developing people...

JLR teases electric Range Rover, GM layoffs, new vehicle supply climbs

- December 18, 2023
Inside Automotive  Exploring the legality of Hyundai and Amazon's new partnership with attorney Len Bellavia Starting next year, Hyundai dealers will be able to sell vehicles through the Amazon platform with other...
General Motors (GM) is set to lay off 1,300 workers in Michigan from early 2024 with additional layoffs occurring through March., economic

GM to layoff 1,300 workers in Michigan early next year

- December 15, 2023
Starting early next year, General Motors intends to lay off approximately 1,300 workers in Michigan due to ending production of specific vehicle models. On Dec. 14, the Detroit automaker filed a...
The NHTSA U.S. Office of Defect Investigation announced its plan to initiate a preliminary probe into over 450,000 Nissan vehicles. 

Nissan faces probe due to potential engine failures in over 450,000 vehicles

- December 15, 2023
On Dec. 15, the National Highway of Traffic Safety Administration's (NHTSA) U.S. Office of Defect Investigation (ODI) announced its plan to initiate a preliminary investigation into over 450,000 Nissan Rogue...
Jeff Salier, general manager at Puente Hills Subaru, joins CBT News to discuss his automotive career after becoming a 40 Under 40 honoree.

40 Under 40 Honoree: Jeff Salier | Puente Hills Subaru

- December 15, 2023
Jeff Salier, general manager of Puente Hills Subaru, is a seasoned automotive professional with a prosperous 18-year career in the car industry. Joining the sector just prior to the 2008...

2024 auto industry disruptors, number of dealers selling EVs triples, Cruise lays off 900 workers

- December 15, 2023
Inside Automotive  Dealer association presidents react to Hyundai-Amazon partnership and Biden EV push The last year has been one of the busiest for dealer associations as the industry grapples with a host...


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