TSLA404.660-6.49%
GM82.510-1.555%
F14.430-0.34%
RIVN15.930-0.75%
CYD50.460-1.37%
HMC26.850-0.12%
TM178.190-2.03%
CVNA70.0101.11%
PAG180.7600.695%
LAD307.500-1.02%
AN195.8602.47%
GPI325.600-0.14%
ABG199.8200.27%
SAH83.650-0.06%
TSLA404.660-6.49%
GM82.510-1.555%
F14.430-0.34%
RIVN15.930-0.75%
CYD50.460-1.37%
HMC26.850-0.12%
TM178.190-2.03%
CVNA70.0101.11%
PAG180.7600.695%
LAD307.500-1.02%
AN195.8602.47%
GPI325.600-0.14%
ABG199.8200.27%
SAH83.650-0.06%
TSLA404.660-6.49%
GM82.510-1.555%
F14.430-0.34%
RIVN15.930-0.75%
CYD50.460-1.37%
HMC26.850-0.12%
TM178.190-2.03%
CVNA70.0101.11%
PAG180.7600.695%
LAD307.500-1.02%
AN195.8602.47%
GPI325.600-0.14%
ABG199.8200.27%
SAH83.650-0.06%


car business

Stellantis saw revenue and profit increase on an worldwide scale but faced challenges in the U.S. stemming from low sales and the UAW strike.

Stellantis full-year profits rise but business stays sluggish in U.S.

- February 15, 2024
Stellantis recorded strong full-year earnings for 2023 on a global scale but struggled to maintain profitability in the U.S. following the United Auto Workers (UAW) strike last October. The automaker recorded...
GM revealed plans to increase the range of its Super Cruise advanced driver assistance system to almost twice as far as it did before.

GM Super Cruise to expand hands-free driving range by 350,000 miles

- February 15, 2024
General Motors has revealed intentions to increase the range of its Super Cruise advanced driver assistance system—which, on some highways, permits drivers to take their hands off the wheel—to almost...
Lithia Motors (LAD) recently revealed a record-breaking revenue of over $31 billion for the year, with $7.7 billion achieved in Q4.

Lithia Motors drives towards $50 billion revenue goal, achieves record-breaking Q4

- February 15, 2024
Lithia Motors (LAD) recently revealed a record-breaking revenue of over $31 billion for the year, with $7.7 billion achieved in the fourth quarter alone, representing an 11% growth from the...
Up-and-coming electric vehicle manufacturer Bollinger Motors will its products through LaFontaine Automotive Group starting later this year.

EV brand Bollinger Motors signs deal with LaFontaine dealership group

- February 15, 2024
Electric vehicle startup Bollinger Motors has formally announced its first-ever retail partnership with LaFontaine Automotive Group, a dealership with multiple locations in Michigan. The new trade deal will supply LaFontaine storefronts...
"The Customer Hierarchy of Needs."

Follow Shep Hyken’s Customer Hierarchy of Needs to provide the ultimate buying experience

- February 15, 2024
Welcome to Inside Automotive! In today's episode, we're diving into a fascinating discussion about "The Customer Hierarchy of Needs." And we're in for a treat because we have a special...

New vehicle transaction prices decline, Treasury’s new EV credit process, Sonic Automotive doubles annual profit

- February 15, 2024
Executive Profile  The Executive Profile: What's next for dealer and philanthropist Rita Case? Welcome to another edition of the Executive Profile on CBT News. Recently, anchor Jim Fitzpatrick traveled to Davie, Florida,...
A new electric vehicle credit transfer process has resulted in the distribution of $135 million to car dealers since the start of the year.

Treasury says new electric vehicle credit process seeing early success

- February 14, 2024
The U.S. Department of Treasury has distributed $135 million in electric vehicle credit reimbursements to car dealers since the start of the year after implementing a process that allows consumers...
According to an analysis by Kelley Blue Book, the ATP for new vehicles in the United States decreased by 2.6% in January 2024.

New vehicle transaction prices drop, luxury brands offer significant discounts

- February 14, 2024
According to an analysis by Kelley Blue Book, a subsidiary of Cox Automotive, the average transaction price (ATP) for new vehicles in the United States decreased by 2.6% in January...
Sonic Automotive recorded impressive financial gains but struggled to maintain momentum across all divisions as profit margins shrank.

Sonic Automotive doubles annual profit as margins face pressure

- February 14, 2024
Sonic Automotive saw earnings and revenues rise over the course of 2023 even as profitability headwinds put downward pressure on margins, according to the company's quarterly and full-year earnings released...
Today's episode of Inside Automotive, Chris Schaubert, the Fixed Operations Director of Ron Marhofer Auto Family joins us.

A peek inside Ron Marhofer Auto Family’s trailblazing fixed ops strategies – Chris Schaubert

- February 14, 2024
Unlocking the full potential of every service visit is vital to enhancing service departments' bottom line. As the automotive landscape evolves, not only is there significant revenue to be generated,...