TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


dealership news

New car prices declined slightly in March due to recoveries in inventory and incentive levels, but failed to boost monthly sales.

Average new car prices dip in March, but affordability remains distant

- April 15, 2024
New car prices dipped again in March amidst a resurgence in inventory and manufacturer incentives. Kelley Blue Book data indicates the average new car transaction price dipped 1% on a monthly...
Dealers have received reimbursement from point-of-sale customer EV tax credit payments in advance, according to a Treasury report.

Treasury reports U.S. auto dealers get $580M in advance EV tax credit payments

- April 15, 2024
Since January 1, auto dealers have received reimbursement from the U.S. government for nearly $580 million in advance point-of-sale customer electric vehicle (EV) tax credit payments, according to a Treasury...
An internal memo indicates that Tesla is planning to cut 10% of its global workforce following a slowdown in electric vehicle sales.

Tesla to lay off thousands of employees worldwide after Q1 sales disappoint

- April 15, 2024
Tesla plans to lay off more than 10% of its employees worldwide, according to an internal memo leaked earlier today. In the document, Tesla CEO Elon Musk wrote, "As we prepare...
Joining us on today's episode of Inside Automotive is Karl Brauer, Executive Analyst for iSeecars, highlights EVs depreciating value

Depreciation study shows EVs lose value fastest – Karl Brauer | iSeecars

- April 15, 2024
A study by iSeecars.com sheds insight on cars that lose the most value after just one year and those that retain the most value. It may be surprising to some,...
Ford has slashed prices on its 2024 F-150 Lighting electric pickup amidst a modest surge in EV affordability.

Ford confirms Lightning pickup price cuts ahead of release

- April 12, 2024
Ford has confirmed price cuts to the F-150 Lightning battery-powered pickup, joining automakers such as Tesla in efforts to improve electric vehicle affordability. On April 11, a leaked dealership memo indicated...
Ohio Senator Sherrod Brown is calling on the White House to implement an outright ban on electric vehicle imports from China.

Lawmaker escalates attack on China-made electric vehicles, calls for ban

- April 12, 2024
Calls for a ban on China-made electric vehicles have escalated in recent weeks following the launch of an investigation in February into whether such products present a risk to the...
Daly emphasizes that ASOTU CON is an event that brings together different automotive industry sectors, including fixed-ops, M&A and more!

Paul J. Daly unveils ASOTU CONs’ unique blend of trade shows and networking hub

- April 12, 2024
ASOTU CON 2024 is right around the corner [May 14-17]. In just about a month, many in the industry will gather in Baltimore for this convention and all things automotive!...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

Car thefts on the rise as criminals adapt to new technology

- April 12, 2024
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 the...
Rising car insurance costs have risen rapidly in recent years, nearly negating recent improvements in affordability.

Rising car insurance costs threaten affordability surge

- April 11, 2024
Car insurance costs have surged without any sign of slowing down for the last three years, offsetting affordability improvements gained by falling car prices. Economic data suggests that car insurance premiums...
Auto credit availability rose again in March thanks to increases in approval rates, amidst a small gain in affordability.

Auto credit access improves in March amidst affordability rise

- April 11, 2024
Auto credit availability, a measure of the ease with which consumers can obtain loans for car purchases, improved in March amidst a slight gain in affordability. Cox Automotive reports that the...


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.