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%


Industry News

Unemployment claims decline slightly, labor market remains tight

- June 24, 2022
While labor market conditions remained tight last week, the number of Americans submitting new claims for unemployment benefits decreased somewhat. Since falling to more than a 53-year low of 166,000 in...

Tesla comes out on top in the 2022 Cars.com American-Made Index

- June 23, 2022
Cars.com recently released its American-Made Index, which ranks all qualified automobiles made and purchased in the United States. 95 cars were ranked using the same five criteria in years past—assembly...

Electric vehicle tax credit bonus cut from spending bill says Senator Joe Manchin

- June 23, 2022
Democrats have given up on the $4,500 electric car tax credit extra for union-made EVs as part of the Build Back Better Act, according to Democratic Senator from West Virginia...
acquisition

Florida dealer Brett Morgan discusses his group’s bullish acquisition strategy

- June 22, 2022
Despite inventory shortages and supply chain concerns, many car dealers are experiencing record profitability and capitalizing on expansion opportunities. In 2021, when we spoke to Brett Morgan, the CEO of...

AAA predicts 42 million road travelers over the July 4 holiday

- June 22, 2022
According to AAA, a record 42 million people are expected to travel for the July 4 Independence Day weekend in the United States, swallowing historically high fuel expenses to clog...
customer retention

How to foster outstanding customer retention at your dealership – Paul Burkemper | Vinsyt

- June 15, 2022
Car dealers have learned now, more than ever, about the importance of customer retention within their dealerships. Today on Inside Automotive, we're joined by Paul Burkemper, Co-Founder and CEO of...

Study finds Americans are driving less as gas prices soar

- June 15, 2022
California's price for a gallon of regular unleaded gasoline hovered around $6.42 per gallon on Tuesday, the highest fuel price in the country. The national average has broken the $5 per gallon...
franchise dealers

What legal protections do franchise dealers have against direct manufacturer sales? – Len Bellavia, Esq.

- June 14, 2022
Automakers have made some bold moves concerning electric vehicles, with many franchise dealers wondering if the future of their business is in jeopardy. Today on Inside Automotive, we're pleased to...
Electric Last Mile Solutions

Commercial EV startup Electric Last Mile Solutions faces new financial challenges

- June 14, 2022
After a grueling start to the year, commercial electric vehicle company Electric Last Mile Solutions will cut its losses. On June 12, interim CEO and president Shauna McIntyre announced that...
Capital One

Capital One 2022 Car Buying Outlook reveals consumers’ perceptions of today’s car buying experience

- June 13, 2022
With growing digitization  in the auto industry, consumers are looking for more transparency in the car buying process, and dealers who wish to stay competitive are encouraged to meet this...


CBT News
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