TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%


Industry News

vAuto

Update Your Vehicle Appraising System to Boost Profits in 2019 – Dale Pollak, vAuto

- December 18, 2018
Determining the profitability of your dealership’s used vehicle inventory is critical to maintaining success. Are you still using ‘number of days on the lot’ to measure this value? Well, our...
GM

How GM’s Layoffs will Affect the Auto Industry in 2019

- December 14, 2018
GM announced last week that it would close five factories and lay off nearly 15,000 workers in a move that may be indicative of an economy preparing to slow down....
GM

GM to Move Forward with Transformation Plans

- December 10, 2018
This past month, GM rocked the automotive industry when the company announced wide-scale changes, including layoffs that would “reduce salaried and salaried contract staff by 15 percent, which includes 25...
General Motors

Trump Unhappy with General Motors Cuts

- December 3, 2018
Last week’s announcement by General Motors to cease production at various plants has been met with severe disapproval from lawmakers on both sides of the aisle in both the US...
Carlos Ghosn

Arrest of Carlos Ghosn Rocks Automotive Industry

- November 27, 2018
Monday’s arrest of Carlos Ghosn, who serves as Chairman and CEO of Renault and the Renault–Nissan–Mitsubishi Alliance, as well as chairman of Nissan Motors and Mitsubishi Motors, has sent shockwaves...
general motors

General Motors Hedging Bets on the Future with Layoffs

- November 26, 2018
This morning, Monday, November 26th, General Motors (GM) announced sweeping changes to their operation, sending waves throughout the automotive industry. The proposed realignment includes layoffs of 15 percent of salaried...
F&I profit

5 of 6 Public Dealer Groups Report F&I Profit Increases for Q3

- November 14, 2018
F&I per vehicle profits appear to be on the rise. Reports from five of the six publicly traded auto groups indicate that F&I gross profit per vehicle was up an...
volkswagen

What Does VW’s New European Dealer Agreement Mean for US Dealers?

- November 1, 2018
A new 500 page rewrite of Volkswagen’s European dealer agreement is set to take effect in April 2020.  The new agreement is a result of 2 years of negotiation and...
Tesla

Who are the Buyers behind Tesla’s Earth-Shattering Q3 Earnings?

- October 30, 2018
If you paid any attention to the news last month, it would have looked like the end of the world was coming for Tesla. Elon Musk appeared to have gone...
TIME

TIME Magazine and Ally Financial to Honor 2019 Dealer of the Year Nominees

- October 26, 2018
Jorg Stratmann of TIME and Doug Timmerman of Ally Financial have announced the 51 nominees for the 2019 TIME Dealer of the Year award that will be given at the...


CBT News
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