TSLA376.020-2.65%
GM78.9500.99%
F12.390-0.105%
RIVN16.140-0.58%
CYD40.770-1.06%
HMC24.200-0.17%
TM192.9800.81%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%
TSLA376.020-2.65%
GM78.9500.99%
F12.390-0.105%
RIVN16.140-0.58%
CYD40.770-1.06%
HMC24.200-0.17%
TM192.9800.81%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%
TSLA376.020-2.65%
GM78.9500.99%
F12.390-0.105%
RIVN16.140-0.58%
CYD40.770-1.06%
HMC24.200-0.17%
TM192.9800.81%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%


cars

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...

Leading digital dealer-to-dealer auction marketplace expands inventory access in U.S.

- March 9, 2022
Burlington, VT – EBlock enables dealers to buy and sell inventory in less time through its dealer-to-dealer digital auction marketplace that captures the energy and urgency of a live auction.  “Dealers...
Carvana, car

KAR Global sells ADESA auction business to Carvana in $2.2B deal

- February 25, 2022
On Thursday, KAR Global agreed to terms of a deal that sees all ADESA auction operations and businesses in the US transfer to Carvana. The deal is worth $2.2 billion...
Tesla

Tesla surpasses Q4 projections despite obstacles

- January 5, 2022
Tesla is continuing to maintain its ownership of the electric vehicle (EV) industry, as a report this week indicated the automaker had delivered 308,600 Tesla vehicles in Q4 2021. This...
industry

2021: Auto industry stories that made headlines

- January 3, 2022
As always, this year has been an interesting one as the auto industry has continued to struggle with shortages and delays, but there have also been major announcements from automakers...
EV

As more Americans choose EVs, price and range continue to hold back the market, according to new Cox Automotive study

- November 16, 2021
ATLANTA, Nov. 16, 2021 – Sales of battery-powered electric vehicles (EVs) in the United States are on track to set an all-time record in 2021, with sales up more than 88%...
Volkswagen

Sonic Automotive continues expansion of its franchised dealership network with the acquisition of Cook Volkswagen

- November 9, 2021
CHARLOTTE, N.C. – November 9, 2021 – Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the acquisition of...
CARS

CARS acquires CreditIQ Automotive Fintech Platform, enabling instant financing for consumers, dealers and lenders

- November 4, 2021
Transaction Highlights: Advances CARS’ growth strategy and expands TAM into the multi-billion dollar Auto Finance segment, which is rapidly growing as online car buying transactions accelerate Builds additional revenue streams...
Jenell Ross

Jenell Ross to join CARS Board of Directors

- April 15, 2021
Cars.com has announced that Jenell Ross will join Jill Greenthal and Jerri Devard on its 11-person board of directors. Ross has 28 years of leadership experience in the auto industry....
oil

Oil Prices Expected to Rise to $60 in 2021 – What Does it Mean for the Auto Industry?

- August 19, 2020
After hitting an all-time low earlier in 2020, crude oil prices are expected to rise to more normal levels in the first half of 2021. Bank of America says in...


CBT News
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