TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%


carvana

In the latest episode of Inside Automotive, Mark Cannon shares his insights on the current trends in the retail automotive industry.

Former AutoNation Exec. Mark Cannon on EVs, price sensitivity, and the upcoming election

- January 29, 2024
In the latest episode of Inside Automotive, anchor Jim Fitzpatrick interviews Mark Cannon, the former Chief Customer Experience Officer at AutoNation. Cannon, who had a successful career spanning 27 years...
Featured Daily Automotive News
Illinois lawmakers have passed an amendment to the state's vehicle code allowing car dealers to sell and deliver vehicles online.

Illinois establishes digital retail guidelines for car dealers

- August 30, 2023
Illinois lawmakers have passed an amendment to the state's vehicle code allowing car dealers to sell and deliver vehicles online, after facing pressure from e-commerce platform Carvana. Although dealerships in the state...
Articles Headlines
Earlier this week, Carvana revealed its Q2 earnings, meanwhile, Ford made a bold move by lowering the price of its electric F-150 Lightning truck.

Weekly roundup: Carvana aims to trim debt under new agreement, Fords slashes price for F-150 Lightning

- July 21, 2023
Earlier this week: Carvana, the used-car mega-retailer, revealed its second-quarter earnings and also announced a significant agreement to reduce its total debt by over $1.2 billion. Meanwhile, Ford made a...
Articles Daily Automotive News
Carvana revealed its plans to raise capital and restructure operations by selling up to $1 billion in shares. 

Carvana announces Q2 earnings, reaches debt restructuring agreement

- July 19, 2023
On July 19, used-car retailing giant Carvana released its second-quarter earnings and announced an agreement to reduce the company's total debt by over $1.2 billion. In a statement, Carvana said the agreement...
Headlines Articles
Hyundai has overtaken General Motors in EV sales, however, Tesla remains the dominant force in the EV market.

Weekly roundup: Price cuts aid EV sales, Carvana’s best-selling used EVs, Hyundai Ioniq 5 N debuts

- July 14, 2023
Earlier this week: Hyundai has overtaken General Motors in EV sales, however, Tesla remains the dominant force in the EV market. Tesla's Model 3 tops Carvana's list of the ten...
Daily Automotive News Articles
Carvana has released its list of the best-selling used electric vehicles in 2023 as it looks to satisfy "exponentially" rising demand.

Carvana eyes growth in used electric vehicle segment, Model 3 takes crown

- July 10, 2023
Carvana has released its list of the top ten best-selling used electric vehicles for 2023 as it looks to satisfy "exponentially" rising demand for affordable battery-powered cars. By sales volume, the...
Headlines Articles
Earlier this week: Tesla broke ground on its brand new lithium refinery, Group 1 buys three stores, and more auto industry news headlines.

Weekly roundup: Carvana’s Q1 results, Tesla’s new lithium refinery, Group 1 acquisitions

- May 12, 2023
Earlier this week: Tesla CEO Elon Musk was joined by Texas Governor Greg Abbott during a ground-breaking ceremony for a brand new lithium refinery, Ford CEO Jim Farley confirms Apply...
Articles Daily Automotive News
Carvana

Carvana beats expectations in Q1, narrows losses in bid for profitable future

- May 5, 2023
Used car retailer Carvana has released its first-quarter earnings report and revealed a quarterly loss of $1.51 per share, resulting in an earnings surprise of 19.5% over Wall Street forecasts.  Additionally, Carvana...
Articles Headlines
debt plan Carvana

Carvana announces new debt plan and Q1 loss estimate

- March 24, 2023
On Wednesday, Carvana released an early loss estimate with its first quarter guidance, and shared a new debt plan which would significantly reduce its overall burden. According to the guidance updates,...
Articles Headlines
new restrictions

Carvana to continue operations in Illinois, but not without new restrictions

- January 26, 2023
Illinois and Carvana have reached an agreement that will allow it to continue its business in the state with new restrictions, after an investigation resulted in the suspension of its...
Articles Headlines

Latest Articles

GM leans on global production to supply U.S. market amid cost pressures
Latest Articles 04/17/26

GM leans on global production to supply U.S. market amid cost pressures

Volkswagen ends U.S. EV output, triggering $600 million financial hit 
Latest Articles 04/17/26

Volkswagen ends U.S. EV output, triggering $600 million financial hit 

March sales surge tightens inventory, affordability gaps persist
Latest Articles 04/17/26

March sales surge tightens inventory, affordability gaps persist

2026 Genesis G90 black edition: Luxury with a performance edge
Latest Articles 04/17/26

2026 Genesis G90 black edition: Luxury with a performance edge

$99M John Deere settlement accelerates high-stakes right to repair movement
Latest Articles 04/17/26

$99M John Deere settlement accelerates high-stakes right to repair movement

TrueCar achieves profitability and calls for a new standard in automotive pricing
Latest Articles 04/16/26

TrueCar achieves profitability and calls for a new standard in automotive pricing

Stellantis, Microsoft deepen alliance to supercharge AI and cybersecurity capabilities 
Latest Articles 04/16/26

Stellantis, Microsoft deepen alliance to supercharge AI and cybersecurity capabilities 
Latest Articles 04/16/26

Pentagon boosts weapons production with automakers, Ford unifies EV strategy, Tesla outlook improves

Pentagon taps automakers to boost weapons production capacity
Latest Articles 04/16/26

Pentagon taps automakers to boost weapons production capacity

Ford creates unified product organization to accelerate EV, software rollout and margin goals
Latest Articles 04/16/26

Ford creates unified product organization to accelerate EV, software rollout


CBT News
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.