TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


dealership news

Chrysler is recalling over 330,000 Jeep Grand Cherokee models due to a critical steering issue that could lead to loss of vehicle control.

Chrysler recalls more than 330,000 Jeep Grand Cherokee vehicles

- February 28, 2024
Chrysler is recalling over 330,000 Jeep Grand Cherokee models due to a critical steering issue that could lead to loss of vehicle control. The recall targets explicitly 338,238 units of the...
Jaguar Land-Rover owner Tata has committed to building a battery manufacturing plant in the U.K. to the tune of more than $5 billion.

Jaguar Land-Rover owner to build biggest battery manufacturing plant in U.K.

- February 28, 2024
Tata, owner of Jaguar Land-Rover, has confirmed it will invest billions of dollars into the creation of a battery manufacturing "gigafactory" at the Gravity Smart Campus in Somerset, England. More specifically,...
The U.S. EV Experience Ownership Study reported public chargers is the least fun aspect of owning a BEV, with satisfaction levels declining.

Public charging woes dampen EV joy, J.D. Power study shows

- February 28, 2024
The J.D. Power 2024 U.S. Electric Vehicle Experience Ownership Study reported that the availability of public chargers is the least satisfying aspect of owning a battery electric vehicle (BEV), with...
On today's edition of Inside Automotive, we're diving into a Digital Shopper Study from Shift Digital with president Matt VanDyke.

High prices, interest rates no match for digitally savvy dealerships – Matt VanDyke | Shift Digital

- February 28, 2024
The auto industry has seen high interest rates and vehicle prices, but that's not stopping deals from being made at the dealership. On today's edition of Inside Automotive, we're diving...
Willie Beck joins CBT Now to share his insights into the 2024 buy/sell market and why some dealers are taking a chance on refinancing.

How dealers are navigating interest rates on their quest for acquisitions — Willie Beck | Bel Air Partners

- February 28, 2024
The dealership buy/sell market remains active in 2024, with major acquisitions arriving every week. But with economic factors, such as interest rates and inflation, making it increasingly difficult to predict...
Adam Robinson explains how proactive recruitment, dedicated HR, and modern hiring practices can transform dealership performance.

How proactive hiring can transform your dealership – Adam Robinson | Hireology

- February 28, 2024
Are you struggling to fill roles at your dealership? If so, then you're not alone. According to a recent report by Hireology, most dealers have admitted to hiring someone who...
The acquisition by Lithia Motors, set to close within the next six to eight weeks, represents a pivotal moment for Carousel Motor Group.

Lithia Motors buys Carousel Motor Group in 9-store deal

- February 27, 2024
The Pohlad family has decided to part ways with Carousel Motor Group, a company it founded 15 years ago. Lithia Motors will scoop up the dealerships and expand its footprint...
Volkswagen and Toyota announced recalls this week over issues creating fuel leaks and unexpected movements in thousands of vehicles.

Volkswagen, Toyota announce recalls impacting more than 500,000 drivers

- February 27, 2024
Two import car manufacturers announced major recalls this week affecting more than half a million drivers in the U.S. On Sunday, February 25, Volkswagen confirmed the recall of 261,257 vehicles over...
A new study highlights the slow progress automakers are making toward sustainable and ethical supply chains.

Automakers drag feet on sustainable, ethical supply chains in 2023

- February 27, 2024
Automakers made significant progress toward clean, ethical, and sustainable supply chains in 2023 but still have immense room for improvement in the years ahead. In its second annual automotive supply chain...
Group 1 owns and runs 200 car dealerships, 262 franchises, and 43 collision centers in the U.S. and the U.K.

Group 1 acquires 2 high-volume Lexus stores in California

- February 27, 2024
Group 1 Automotive, one of the nation's largest and top-selling automotive retailers, announced the acquisition of Newport Lexus and Tustin Lexus from Wilson Automotive. The two high-performing Lexus dealerships are in...


CBT News
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.