Ford recalls 312K vehicles over brake assist defect
Ford is recalling 312,120 vehicles in the United States due to a defect in the electronic brake booster that could result in longer stopping distances and a higher risk of...
TSLA354.000-8.86%
GM87.180-0.75%
F14.060-0.35%
RIVN16.9760.0058%
CYD39.430-0.45%
HMC32.675-0.69%
TM195.040-2.31%
CVNA72.1902.285%
PAG218.5101.64%
LAD373.4202.69%
AN199.8900.4%
GPI263.4201.57%
ABG216.2901.48%
SAH77.210-0.24%
TSLA354.000-8.86%
GM87.180-0.75%
F14.060-0.35%
RIVN16.9760.0058%
CYD39.430-0.45%
HMC32.675-0.69%
TM195.040-2.31%
CVNA72.1902.285%
PAG218.5101.64%
LAD373.4202.69%
AN199.8900.4%
GPI263.4201.57%
ABG216.2901.48%
SAH77.210-0.24%
TSLA354.000-8.86%
GM87.180-0.75%
F14.060-0.35%
RIVN16.9760.0058%
CYD39.430-0.45%
HMC32.675-0.69%
TM195.040-2.31%
CVNA72.1902.285%
PAG218.5101.64%
LAD373.4202.69%
AN199.8900.4%
GPI263.4201.57%
ABG216.2901.48%
SAH77.210-0.24%
dealership news
Trump extends Mexico’s tariff rates for 90 days to allow trade talks to continue
President Donald Trump has extended Mexico’s current tariff rates for 90 days, temporarily holding off on a threatened 30% hike as both countries seek to hammer out a broader trade...
Carvana posts record Q2 results, lifts 2025 forecast amid profit surge
Carvana reported its strongest quarter ever in Q2 2025, delivering all-time records in retail unit sales, revenue, and profitability. The online used car retailer sold 143,280 vehicles, up 41% year-over-year,...
One Big Beautiful Bill: Sen. Bernie Moreno unpacks sweeping auto, tax, and trade overhaul
From his roots in retail automotive to his bold push for policy reform, former car dealer turned U.S. Senator, Bernie Moreno, is uniquely positioned to speak to the challenges and...
Kazakhstan hosts first-ever dealer conference with U.S. industry veterans
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Toyota Manufacturing executive Janette Hostettler to retire in Sept. 2025
Toyota Motor North America (TMNA) announced that Janette Hostettler, group vice president at TMNA and vice president of Manufacturing at Toyota Kentucky, will retire on September 15, 2025.
Over her 25-year...
Ford names Alicia Boler Davis as new Ford Pro president, effective Oct. 1
Ford Motor Company has appointed Alicia Boler Davis as the new president of Ford Pro, its global commercial vehicle and service divisions, effective October 1. Davis, a seasoned executive with...
Fed holds rates steady as auto financing improves for top-tier buyers
The Federal Reserve voted to hold its benchmark interest rate steady for the fifth time this year, keeping it in the range of 4.25% to 4.50%, despite growing political pressure...
Mercedes-Benz to halt U.S. EQ delivery, slash pricing amid weak demand
On Wednesday, Mercedes-Benz reported it will pause U.S. deliveries of its EQ electric vehicle lineup and reduce prices on several EQ models due to slowing demand and excess inventory at...
Fullerton Auto Group sells NJ Operations to Performance Auto Group
Fullerton Auto Group in Somerville, NJ, sold its multi-franchise operation to Performance Auto Group. Haig Partners served as the exclusive sell-side advisor.
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