TSLA381.145-9.91501%
GM77.200-0.52%
F14.3850.195%
RIVN17.073-0.0169%
CYD43.600-1.12%
HMC28.305-0.465%
TM178.610-1.15%
CVNA69.690-0.97%
PAG203.880-0.86%
LAD338.200-0.96%
AN207.690-1.31%
GPI329.000-2.62%
ABG225.860-0.8%
SAH101.260-1.46%
TSLA381.145-9.91501%
GM77.200-0.52%
F14.3850.195%
RIVN17.073-0.0169%
CYD43.600-1.12%
HMC28.305-0.465%
TM178.610-1.15%
CVNA69.690-0.97%
PAG203.880-0.86%
LAD338.200-0.96%
AN207.690-1.31%
GPI329.000-2.62%
ABG225.860-0.8%
SAH101.260-1.46%
TSLA381.145-9.91501%
GM77.200-0.52%
F14.3850.195%
RIVN17.073-0.0169%
CYD43.600-1.12%
HMC28.305-0.465%
TM178.610-1.15%
CVNA69.690-0.97%
PAG203.880-0.86%
LAD338.200-0.96%
AN207.690-1.31%
GPI329.000-2.62%
ABG225.860-0.8%
SAH101.260-1.46%


CBT News

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
On this edition of CBT Now, Jim Fitzpatrick speaks with J.D. Power's Tyson Jominy about the current state of the U.S. new car market.

Where does the new car market stand today? — Tyson Jominy | J.D. Power

- July 20, 2023
On this edition of CBT Now, Jim Fitzpatrick speaks with Tyson Jominy, the Vice President of Data and Analytics at J.D. Power, about the current state of the U.S. new...
Sales & Marketing CBT Now
Deep website personalization is the key to generating more leads and more return shoppers, and so many dealers are falling behind.

Website personalization is the key to attracting the modern car buyer

- July 20, 2023
The automotive retail industry has long been shifting away from physical-only stores towards online shopping experiences that complement the physical showroom. However, the COVID-19 pandemic forced this shift to happen...
Sales & Marketing Articles
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
Last week, Garcia Subaru North joined the Make-A-Wish foundation and fulfilled a special wish from a teenage brain cancer survivor.

Teen’s dream shopping spree comes true thanks to Garcia Subaru North, Make-A-Wish

- July 19, 2023
In northeast Albuquerque, New Mexico, Garcia Subaru North joined the Make-A-Wish foundation and fulfilled a special wish from a teenage brain cancer survivor. As reported by KOB4 in New Mexico, this...
Headlines Articles
Ujj Nath joins Inside Automotive to discuss how platforms like myKaarma can boost BDC performance and improve fixed ops profitability.

Enhancing fixed ops performance with BDC software — Ujj Nath | myKaarma

- July 19, 2023
It is important to partner with the right vendors, especially when it comes to entrusting your dealership's fixed operations to a business development company or BDC. On this episode of...
Inside Automotive Fixed-Ops
CDK Global's 2023 Trendsetter’s Guide to Automotive Retail explores what these forward-thinking dealers use to stay ahead of the game.

Why auto industry trendsetters are focused on these 3 things

- July 19, 2023
The 19th-century proverb, “The more things change, the more they stay the same,” couldn’t be more appropriate for today’s car dealers. People still purchase cars despite inventory challenges, rising interest...
Daily Automotive News Articles
Get ready to explore the dynamics of key industry players as they forge strategic partnerships and accelerate the growth and success of their dealerships.

Lithia sells 3 dealerships, Young Auto Group expands into Montana

- July 18, 2023
The summer heat has ignited a wave of merger and acquisition (M&A) activity in the automotive industry. As the temperature rises, so does the excitement surrounding notable deals that unfolded...
Daily Automotive News Articles
Lotlinx hires, promotes four with more than 85 combined years of industry experience to grow dealer partnerships and automate inventory management.

Lotlinx expands executive team to help dealers take control of inventory with data-driven solutions

- July 18, 2023
Peterborough, N.H. (July 17, 2023) – Lotlinx, the auto industry’s leading VIN-specific data solution for inventory management, expanded its executive team to better help dealers leverage real-time data at a...
Headlines Articles
One thing’s for sure: open lines of communication are key. Dealerships and OEMs must work together to maximize the benefits of subscription services.

The changing tide: auto subscription services and the impact on dealerships

- July 17, 2023
Picture this: you’ve just moved into your dream home, complete with a state-of-the-art kitchen. But you’re stunned to learn there’s an extra monthly fee to use the stove. It’s installed...
Daily Automotive News Articles


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CBT News
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