TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%
TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%
TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%


car business

Nikola founder and former CEO Trevor Milton faces new wire fraud charge in criminal case

- June 24, 2022
Trevor Milton, former CEO and founder of EV maker Nikola, is facing a new wire fraud allegation in his criminal case with U.S. prosecutors. They accuse Milton of defrauding investors...

Unemployment claims decline slightly, labor market remains tight

- June 24, 2022
While labor market conditions remained tight last week, the number of Americans submitting new claims for unemployment benefits decreased somewhat. Since falling to more than a 53-year low of 166,000 in...

CBT automotive newscast: June 24, 2022

- June 24, 2022
Inside Automotive: Industry vet Jim Ziegler discusses Jim Farley's plan to sell EVs online only Some dealers and dealer advocates are saying that the franchise model is under attack. The latest concern...
Bruton Smith

Legendary businessman, philanthropist and NASCAR Hall of Famer Bruton Smith passes away

- June 23, 2022
CHARLOTTE, N.C. (June 22, 2022) – A visionary and transformative figure in both business and entertainment, Ollen Bruton Smith, the founder and executive chairman of Sonic Automotive (NYSE:SAH), Speedway Motorsports and Speedway Children’s Charities...
Matt Bowers

Dealer Matt Bowers on supply chain challenges, electrification, and Jim Farley

- June 23, 2022
Many auto retail professionals were expecting the semiconductor chip and vehicle shortages to be long gone by now, but the industry is still grappling with supply chain challenges. Today on...

The pros and cons of an external BDC for car dealerships

- June 23, 2022
Inbound phone calls are still your best low-funnel leads, so they must be handled properly. Many dealers believe their sales team should be able to handle all those incoming calls,...
electric vehicles

The 4 best electric vehicles of 2022, according to the experts

- June 23, 2022
Each year, the editors at Kelley Blue Book evaluate and test drive the latest electric cars on the market and then rank them according to consumer priorities like features, safety,...

Tesla comes out on top in the 2022 Cars.com American-Made Index

- June 23, 2022
Cars.com recently released its American-Made Index, which ranks all qualified automobiles made and purchased in the United States. 95 cars were ranked using the same five criteria in years past—assembly...

Major automakers pen letter to Congress requesting more chip funding

- June 23, 2022
According to a letter obtained by Reuters, major automakers and industry suppliers asked Congress on Wednesday to act promptly and approve $52 billion in subsidies for American semiconductor manufacturing. The electronics and...

Electric vehicle tax credit bonus cut from spending bill says Senator Joe Manchin

- June 23, 2022
Democrats have given up on the $4,500 electric car tax credit extra for union-made EVs as part of the Build Back Better Act, according to Democratic Senator from West Virginia...


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