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%


Industry News

Highlights from AutoNation’s First Quarter Results

- April 21, 2022
AutoNation, the nation's largest automotive retailer, announced record first-quarter earnings per share in a press release yesterday. Revenue for the first quarter of 2022 was $6.8 billion, up 14% from...

Toyota makes $383 million investment in U.S. manufacturing

- April 21, 2022
Toyota said Tuesday it would be investing $383 million into increasing the production of hybrid vehicles at four of its U.S.-based manufacturing plants. The investment builds on the automaker’s earlier announcement that...

Stellantis suspends manufacturing operations in Russia

- April 20, 2022
Stellantis said on Tuesday that it would be following several other automakers in shutting down its plant in Russia due to issues with logistics and ongoing sanctions on the country. The announcement...

Volkswagen CEO Herbert Diess talks EVs and production disruptors in 60 Minutes interview

- April 18, 2022
Despite being one of the most profitable automakers last year, Volkswagen is now feeling immense pressure amidst the turmoil overseas. While high prices and environmental issues have been stressors for Volkswagen, the...
CDK Global

COO Joe Tautges on recent acquisition of CDK Global: ‘we see a bright future ahead’

- April 18, 2022
In case you missed what could likely be one of the most significant acquisitions this year for retail automotive, CDK Global has agreed to be acquired by Brookfield Business Partners for a...

Russia-Ukraine conflict intensifies pressure on U.S. auto market

- April 18, 2022
By now, you are probably well aware of how the War in Ukraine has led to drastic implications felt worldwide.  For those of us in the automotive sector, this has caused...

Economy and job market lead to pay compression in over half of U.S. companies

- April 11, 2022
Research from talent solutions and business consulting firm Robert Half has revealed that a growing number of American companies are experiencing pay compression. Of executives surveyed, 56% say they have...

How automotive manufacturers can create resilient supply chains in uncertain times

2022 is off to an unexpected start. While it may have seemed that disruptions in supply chains are lessening as COVID-19 restrictions are relaxed, that hasn’t been the case. Ramifications...
CDK Global

Brookfield enters formal agreement to acquire CDK Global in multi-billion dollar deal

- April 7, 2022
Automotive Ventures CEO Steve Greenfield recaps this breaking news bulletin Together with institutional partners, Brookfield Business Partners (collectively "Brookfield") have entered into a formal agreement to purchase CDK Global, a leading...

High gas prices lead to greater EV awareness, used car payments near $500 – Jessica Caldwell | Edmunds

- April 7, 2022
As gas prices continue to climb, more shoppers are turning their attention to EVs, according to Edmunds. Today on inside Automotive, we’re pleased to welcome back Jessica Caldwell, Executive Director...


CBT News
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