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

Tony Gomez joins Driving Solutions to discuss the need for revitalized training programs in the retail automotive industry.

Improve your customer service and retention with the right training — Tony Gomez | Quantum⁵

- December 18, 2023
 Training is a crucial component of any dealership's success, often determining the business's ability to provide competitive service and retain customers. Unfortunately, many dealers rely on outdated educational practices that...
New vehicle supply rose 57% year-over-year over November and into December, with some automakers adjusting production rates in response.

New vehicle supply reaches two-year high in early December

- December 15, 2023
New vehicle supply has made a substantial recovery throughout 2023, culminating in December's initial inventory total of 2.56 million units, the highest levels seen since early 2021. That number represents a...
General Motors (GM) is set to lay off 1,300 workers in Michigan from early 2024 with additional layoffs occurring through March., economic

GM to layoff 1,300 workers in Michigan early next year

- December 15, 2023
Starting early next year, General Motors intends to lay off approximately 1,300 workers in Michigan due to ending production of specific vehicle models. On Dec. 14, the Detroit automaker filed a...
The NHTSA U.S. Office of Defect Investigation announced its plan to initiate a preliminary probe into over 450,000 Nissan vehicles. 

Nissan faces probe due to potential engine failures in over 450,000 vehicles

- December 15, 2023
On Dec. 15, the National Highway of Traffic Safety Administration's (NHTSA) U.S. Office of Defect Investigation (ODI) announced its plan to initiate a preliminary investigation into over 450,000 Nissan Rogue...
Jaguar Land Rover offered initial details of its upcoming Ranger Rover Electric scheduled for 2024 alongside a new promotional video.

Range Rover shares select details on upcoming electric model

- December 15, 2023
Jaguar Land Rover shared details and first images of the upcoming Range Rover Electric ahead of its scheduled release next year alongside a new promotional video earlier this week. The Range...
Dealer association presidents share their thoughts concerning the Hyundai-Amazon partnership and the White House's electric vehicle push.

Dealer association presidents react to Hyundai-Amazon partnership and Biden EV push

- December 15, 2023
The last year has been one of the busiest for dealer associations as the industry grapples with a host of unprecedented events, some of which could permanently change the face...
Jeff Salier, general manager at Puente Hills Subaru, joins CBT News to discuss his automotive career after becoming a 40 Under 40 honoree.

40 Under 40 Honoree: Jeff Salier | Puente Hills Subaru

- December 15, 2023
Jeff Salier, general manager of Puente Hills Subaru, is a seasoned automotive professional with a prosperous 18-year career in the car industry. Joining the sector just prior to the 2008...
Robotaxi service and General Motors subsidiary Cruise dismissed nine leaders and laid off 900 employees as it grapples with safety inquiries.

Cruise fires 9 leaders, lays off 900 employees amidst safety probes

- December 14, 2023
This week, Robotaxi service and General Motors subsidiary Cruise let go of nine leading team members and revealed it would lay off an additional 900 employees as it faces investigations...
Since 2020, the share of new car dealers selling electric vehicles has risen from 16.5% to 55.1%, defying market headwinds and slow demand.

Number of new car dealers selling electric vehicles triples from 2020

- December 14, 2023
More than half of all car dealers are selling electric vehicles in 2023, according to automotive data platform iSeeCars. Since the onset of the COVID pandemic, the number of non-Tesla dealers...
Scout Motors has announced its plan to expand its footprint in the U.S. by building a new product design and engineering facility in Michigan

Scout Motors to create 200 jobs with new Michigan facility

- December 14, 2023
Volkswagen's electric subsidiary, Scout Motors, has announced its plan to expand its footprint in the U.S. by building a new $11 million product design and engineering facility in Novi, Michigan....


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