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

General Motors and Samsung SDI are poised to build their first joint-venture electric vehicle battery plant in Indiana

Indiana courts GM and Samsung EV battery plant with tax incentives

- May 24, 2023
General Motors and Samsung SDI are poised to build their first joint-venture electric vehicle battery plant in Indiana, after local officials approved massive tax incentives for the $3.5 billion project. While...
Paul Daly and Kyle Mountsier join CBT Now to discuss their new show "More Than Cars" and how it challenges dealership stereotypes

More Than Cars: The docuseries dismantling dealership stereotypes

- May 24, 2023
"More Than Cars" is a new docuseries produced by TrueCar and Automotive State of the Union (ASOTU), which seeks to challenge dealership stereotypes. On this episode of CBT Now, news...
investor day Ford

Ford reveals plans to ramp up EV production and boost profits

- May 23, 2023
On May 22, Ford presented its case to Wall Street at an investor event by outlining its plan to build millions of EVs while expanding its traditional operations.  Ford's CEO, Jim...
A Michigan dealership has adopted a payment system making electric vehicle charging more expensive for local drivers

Dealer charges drivers by minute to use new EV charging stations

- May 23, 2023
A Michigan dealership has adopted a payment system making electric vehicle charging more expensive for local drivers. Initially, Williams Hyundai of Lansing, Michigan,  charged customers $1 per minute to use its...
Alan Haig joins Inside Automotive to discuss the current trends influencing dealership valuations and why he thinks the market will change

Dealership valuation trends: Has it become more difficult to sell? — Alan Haig | Haig Partners

- May 23, 2023
Dealership valuations have become challenging to decipher in the post-COVID economy. On this episode of Inside Automotive, CBT News anchor Jim Fitzpatrick is joined by Alan Haig, president and founder...
KPMG has shed more light on the relationship between electric vehicle hesitancy and the market's limited ability to address consumer needs

Massive EV demand stifled by prices, driving range concerns

- May 22, 2023
New research from professional services provider KPMG has shed more light on the relationship between electric vehicle hesitancy and the market's limited ability to address consumer needs. According to the company's...
Ford revealed multiple agreements with lithium suppliers which it says will allow for a massive increase in electric vehicle production

Ford announces several new deals with lithium suppliers

- May 22, 2023
Ford has revealed multiple agreements with lithium suppliers which it says will allow for a massive increase in electric vehicle production. Five partners were named in the announcement, each of whom...
Dallas attendance

Dallas dealer partners with high school to boost attendance with car giveaways

- May 22, 2023
In Dallas, Texas, a used car dealership gave away a 2016 Jeep Patriot to a high school sophomore with perfect attendance.  Faith Family Academy, a charter school, teamed up with the...
McGovern Automotive

McGovern Automotive adds CDJR dealership, Asbury sells Acura store in Texas

- May 22, 2023
The buy/sell market for dealerships is a dynamic environment influenced by various factors, including economic conditions, consumer preferences, manufacturer requirements, and regulatory changes. Despite the ongoing economic challenges from the...
Toyota is urging other automakers to continue developing hybrid vehicles over concerns that full-scale electrification is unsustainable

Toyota warns against full-scale electrification, says hybrids still needed

- May 19, 2023
Toyota executives are urging other automakers to continue developing hybrid and alternative-fueled vehicles, citing concerns that the industry's rush toward electrification is unsustainable. Ahead of the G7 summit in Japan, Toyota...


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