TSLA403.585-1.07501%
GM81.930-0.58%
F14.4400.03%
RIVN16.6810.7508%
CYD51.6401.18%
HMC26.595-0.255%
TM175.640-2.55%
CVNA64.555-5.485%
PAG178.000-2.76%
LAD302.195-5.305%
AN193.045-2.815%
GPI319.120-6.48%
ABG196.680-3.14%
SAH81.390-2.26%
TSLA403.585-1.07501%
GM81.930-0.58%
F14.4400.03%
RIVN16.6810.7508%
CYD51.6401.18%
HMC26.595-0.255%
TM175.640-2.55%
CVNA64.555-5.485%
PAG178.000-2.76%
LAD302.195-5.305%
AN193.045-2.815%
GPI319.120-6.48%
ABG196.680-3.14%
SAH81.390-2.26%
TSLA403.585-1.07501%
GM81.930-0.58%
F14.4400.03%
RIVN16.6810.7508%
CYD51.6401.18%
HMC26.595-0.255%
TM175.640-2.55%
CVNA64.555-5.485%
PAG178.000-2.76%
LAD302.195-5.305%
AN193.045-2.815%
GPI319.120-6.48%
ABG196.680-3.14%
SAH81.390-2.26%


car business

40 under 40 Honoree: Rob Kiernan | Atlantic Honda & Hyundai of 110

- December 21, 2023
New York-based Robert Kiernan has established himself as a successful sales and management professional, as evidenced by his position as General Manager of Atlantic Honda and Hyundai of 110. Kiernan,...

GM buys out dealers, Daihatsu halts shipments, dealer legend dies

- December 21, 2023
CBT Now Data shows a decline in average auto loan amounts: What it means for dealers – Melinda Zabritski | Experian Experian has released new data showing that the average loan amount for...
Through an ongoing voluntary buyout program, General Motors has nearly halved the size of its Buick dealership network in the United States.

Almost half of U.S. Buick dealers choose buyout program in light of EV push

- December 20, 2023
Through an ongoing voluntary buyout program, General Motors has nearly halved the size of its Buick dealership network in the United States. According to Duncan Aldred, global president of GM's Buick...
Toyota, announced that its Daihatsu division would stop shipping vehicles after an investigation into a safety scandal revealed problems.

Toyota’s Daihatsu unit halts vehicle shipments amid safety scandal

- December 20, 2023
The largest Japanese carmaker, Toyota, announced on Dec. 20, that its Daihatsu division would stop shipping any of its vehicles after an investigation into a safety scandal revealed problems with...
Jamar Seymore, 40 Under 40 recipient and loyalty manager at Walser Subaru St. Paul, joins CBT News to discuss his professional journey.

40 Under 40 Honoree: Jamar Seymore | Walser Automotive Group

- December 20, 2023
Jamar Seymore is a Loyalty Manager for Walser Subaru St. Paul, a storefront owned by the Minnesota-based Walser Automotive Group, where he has been delivering excellent customer service for the...

CPO sales stay strong, Tesla boosts pay, Nikola founder sentenced

- December 20, 2023
Inside Automotive The best (and worst) automotive marketing strategies for 2024 — Glenn Pasch | PCG Digital The car market is slowly falling back into its old habits, which means more competition,...
The SAE is committed to its NACS certification which is now prepared for use, which is aimed at solving several EV charging problems.

SAE’s charging standard is geared up to fix every EV charging issue

- December 19, 2023
The Society of Automotive Engineers (SAE) has successfully fulfilled its goal to obtain NACS certification by year-end, making the NACS standard fully operational. This new standard is poised to efficiently tackle...
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...