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

Group 1 Automotive reported record-breaking revenue and profits for 2023 but expects to cut roughly 10% of its U.K. workforce.

Group 1 Automotive posts record-high profits for 2023, will cut U.K. jobs

- February 2, 2024
Dealership conglomerate Group 1 Automotive reported record-breaking earnings for 2023 but expects to downsize its U.K. workforce in an effort to improve cost efficiency. The dealership group generated $17.9 billion in...
Articles Headlines
During the major snowstorm that swept across the nation in mid-January, EV drivers had to compete with significantly reduced range.

Winter Woes? How EV owners can maximize range despite the cold

- February 2, 2024
During the major snowstorm that swept across the nation in mid-January, several news outlets reported that electric vehicle drivers had to compete with significantly reduced range and long lineups at...
Headlines Articles

Tesla rescinds diversity claims, VW pursues AI, Group 1 wins big

- February 2, 2024
Inside Automotive How returning to the basics can boost sales and customer satisfaction – David Lewis | David Lewis and Associates There's no better time than the start of a new year to...
Daily Newscast
Steve Greenfield provides a forward-looking perspective and analysis of the retail automotive industry on today's Inside Automotive episode.

How dealers can navigate the accelerating industry – Steve Greenfield | Automotive Ventures

- February 1, 2024
On CBT News, Steve Greenfield, the CEO and Founder of  Automotive Ventures, provides a forward-looking perspective and analysis of the retail automotive industry every week. Steve is a go-to source...
Inside Automotive Daily Automotive News
A Delaware judge dismissed Elon Musk's record-breaking $56 billion Tesla bonus package, describing it as "an unfathomable sum" to investors

Delaware judge blocks Musk’s ‘unfathomable’ $56 billion Tesla pay package

- February 1, 2024
On January 30, a Delaware judge dismissed Elon Musk's record-breaking $56 billion Tesla bonus package, describing it as "an unfathomable sum" that was unjust to shareholders. The Tesla board has been...
Headlines Articles
BMW has released a spring update for its expanding lineup of electric vehicles, which includes adding a new i5 all-wheel drive model

BMW set to launch new i5 all-wheel electric variant in March as 2025 model

- February 1, 2024
The BMW Group has released a spring update for its expanding lineup of electric vehicles, which includes adding a new i5 all-wheel drive model. The BMW i5 xDrive40 is scheduled...
Headlines Articles

Judge dismisses Tesla’s pay package, GM cancels electrification strategy, Trump criticizes Fain for Biden’s endorsement

- February 1, 2024
Inside Automotive  How dealers can navigate the accelerating industry – Steve Greenfield | Automotive Ventures On CBT News, Steve Greenfield, the CEO and Founder of  Automotive Ventures, provides a forward-looking perspective and analysis...
Daily Newscast

GM’s Q4 earnings surge, Toyota remains best-selling automaker, VinFast offers massive lease discount

- January 31, 2024
CBT Now Using negotiation and emotional intelligence to seal the deal – Chris Voss | The Black Swan Group Joining us on the latest episode of CBT Now is Chris Voss, CEO of...
Daily Newscast
Despite possible headwinds in the economy and sales, GM exceeded Wall Street's projections for Q4 and is predicting another successful year.

GM surges Q4 earnings, prepares for another successful year

- January 30, 2024
Despite possible headwinds in the economy and sales, General Motors (GM) exceeded Wall Street's projections for both its top and bottom lines in the fourth quarter and is predicting another...
Headlines Articles
However, Vinfast has recently reduced the car's lease price, making it one of the most affordable new cars to lease in the U.S.

VinFast offers massive lease discount in hopes of boosting U.S. sales

- January 30, 2024
Vinfasts' VF 8 has had a rough start to the U.S. market, facing several difficulties and negative reviews. However, the EV manufacturer has recently reduced the car's lease price, making...
Headlines Articles

Latest Articles

Carvana expands into new-car sales, raising questions about the future of auto retail
Latest Articles 06/17/26

Carvana expands into new-car sales, raising questions about the future of auto retail

F&I in 2026: Navigating negative equity, credit challenges and pricing transparency.
Latest Articles 06/17/26

Navigating negative equity, credit challenges and pricing transparency in F&I in 2026

Young Automotive Group expands into Nissan brand with Riverdale dealership acquisition
Latest Articles 06/16/26

Young Automotive Group expands into Nissan brand with Riverdale dealership acquisition

RockED launches free FTC Pricing education series for dealerships nationwide
Latest Articles 06/16/26

RockED launches free FTC Pricing education series for dealerships nationwide

Ford seeks approval to keep selling China-built Lincoln, Global EV regisrations increase, GM explores defense manufacturing
Latest Articles 06/16/26

Ford seeks approval to keep selling China-built Lincoln, Global EV registrations increase, GM explores defense manufacturing

Ford seeks federal approval to keep selling China-built Lincoln Nautilus in U.S.
Latest Articles 06/16/26

Ford seeks federal approval to keep selling China-built Lincoln Nautilus in U.S.

Global EV registrations rise as North American market slides
Latest Articles 06/16/26

Global EV registrations rise as North American market slides

GM explores defense manufacturing partnership with Lockheed Martin
Latest Articles 06/16/26

GM explores defense manufacturing partnership with Lockheed Martin

Dealer sentiment up, future remains uncertain: Cox Auto's Erin Keating breaks it down
Latest Articles 06/16/26

Erin Keating breaks down dealer sentiment as Q2 confidence rises but uncertainty builds

Middle East conflict triggers oil and paint shortages at dealerships and repair shops
Latest Articles 06/16/26

Middle East conflict triggers oil and paint shortages at dealerships and repair shops