TSLA352.820-7.77%
GM73.4300.89%
F11.6100.01%
RIVN15.290-0.11%
CYD39.7800.37%
HMC23.840-0.31%
TM204.420-2.59%
CVNA316.6402.73%
PAG148.710-0.63%
LAD257.5705.75%
AN196.820-0.86001%
GPI327.000-2.45%
ABG195.4000.64%
SAH63.310-1.56%
TSLA352.820-7.77%
GM73.4300.89%
F11.6100.01%
RIVN15.290-0.11%
CYD39.7800.37%
HMC23.840-0.31%
TM204.420-2.59%
CVNA316.6402.73%
PAG148.710-0.63%
LAD257.5705.75%
AN196.820-0.86001%
GPI327.000-2.45%
ABG195.4000.64%
SAH63.310-1.56%
TSLA352.820-7.77%
GM73.4300.89%
F11.6100.01%
RIVN15.290-0.11%
CYD39.7800.37%
HMC23.840-0.31%
TM204.420-2.59%
CVNA316.6402.73%
PAG148.710-0.63%
LAD257.5705.75%
AN196.820-0.86001%
GPI327.000-2.45%
ABG195.4000.64%
SAH63.310-1.56%


Industry News

What does ‘Carbon Neutral’ mean for auto dealers?

- October 6, 2021
News releases and headlines often feature corporations mentioning their sustainability efforts and pledges to attain carbon neutrality within a certain time frame. As an example, in November 2019, Volvo Cars...
energy

General Motors five years ahead of schedule for 100% renewable energy

- October 4, 2021
On Thursday, September 30, General Motors issued a press release to announce the carmaker plans to acquire 100% of its power from renewable energy sources by 2025. This announcement puts...
EV

Cox Automotive Mobility’s Joe George talks latest acquisition of new EV battery service

- October 1, 2021
As the EV market heats up, Cox Automotive Mobility announced a new acquisition that will provide an EV battery service network for OEMs, dealers, and fleet providers. On today’s show,...
Lordstown

Report says Lordstown will sell Ohio plant to Foxconn

- October 1, 2021
Electric pickup truck makers Lordstown Motors is positioned to sell their plant in Ohio to Foxconn Technology Group out of Taiwan, according to reports. A deal is imminent, according to...

Asbury Automotive Group to acquire Larry H. Miller Dealerships in $3.2B deal

- September 29, 2021
DULUTH, G.A., Sept. 29, 2021— Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., entered into a definitive agreement with Larry H. Miller Group of...
auto

A mixed bag in the latest Cox Automotive Weekly Summary

- September 29, 2021
Cox Automotive released its weekly summary Monday, which included updates on sales and prices across the auto market, the Fed’s potential plans, home sales and construction statistics, consumer sentiment, and...
Polestar

Electric car company Polestar to go public via SPAC

- September 28, 2021
One of the electric car companies that are already producing and delivering new vehicles to consumers is taking the plunge into the stock market. A press release was issued on...
chip shortage

Cost of chip shortage expected to double, but Musk sees an end in sight

- September 27, 2021
In May 2021, AlixPartners predicted that the chip shortage plaguing the auto industry since the middle of the pandemic would end up costing the auto industry $110 billion US in...
Sonic Automotive

Sonic Automotive Pres. Jeff Dyke discusses $700M acquisition of RFJ Auto Partners

- September 24, 2021
Sonic Automotive, one of the nation’s largest retailers, recently announced the acquisition of RFJ Auto Partners. RFJ Auto consists of 33 franchised and used vehicle dealerships. This deal, expected to...
Motor Bella

Motor Bella kicks off this week—Here’s a look into this new type of car show

- September 24, 2021
This week, the M1 Concourse in Pontiac, Michigan is abuzz with activity as the first-ever Motor Bella outdoor event kicks off, with the highly anticipated auto show featuring 350 vehicles...


CBT News
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