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

Sonic Automotive

Sonic Automotive Buys 33-store RFJ Auto Partners in deal worth $700 million

- September 23, 2021
North Carolina-based Sonic Automotive has confirmed a blockbuster deal, announcing the purchase of the RFJ Auto Partners group. The enormous transaction adds 33 storefronts to the Sonic Automotive group. When...
AutoNation

Former FCA CEO Mike Manley to lead AutoNation

- September 22, 2021
The largest dealer group in the United States, AutoNation, has announced a new CEO to succeed Mike Jackson. As of November 1, Mike Manley will step into the role of...
airbag

NHTSA probe launched into 30 million more Takata airbags

- September 21, 2021
On Monday, the National Highway Traffic Safety Administration announced that yet another potential airbag inflator recall could be on the way. Takata airbag inflators in as many as 30 million...
hydrogen

Is hydrogen gaining steam to power past the EV?

- September 20, 2021
Conversation at this year's 24 Hours of Le Mans on upcoming classes piqued interest, especially regarding the new Hydrogen class. Racecar Engineering reported that the LMP2HG Hydrogen-powered class is on target...
Chesbrough

Cox Automotive’s Charlie Chesbrough reveals forecast for Q4 and how car dealers can prepare

- September 17, 2021
The shortage of new vehicle inventory has led to a decline in sales and an uptick in stress for many of you. Cox Automotive is reporting that August was the...
Rivian

First electric pickup truck rolls off Rivian assembly line

- September 16, 2021
On Tuesday, Rivian achieved a monumental milestone for the electrified auto market by becoming the first carmaker to produce a sale-able mass-market EV pickup truck. The company produced the first...
Group 1

Group 1 Buys Prime Automotive Dealerships in $880 Million-Dollar Deal

- September 16, 2021
As of Monday, September 13, 2021, Group 1 Automotive Inc. has committed to purchase Prime Automotive Group. The $880 million deal includes Prime’s 30 stores, nearly all of the assets,...
Jominy

J.D. Power’s Tyson Jominy on the state of the automotive industry today

- September 15, 2021
We were all anticipating relief from the inventory and chip shortages by now, but unfortunately, as most experts predicted, we are still dealing with the crisis in the third quarter...
GM

GM to start building trucks again, Bolt production still sidelined

- September 15, 2021
The news is bittersweet this week for General Motors as production resumes for one of their most popular lineups, while another model remains idled with problems. Full-size pickup truck production...
companies

Hurricane season and its impact on auto players

- September 15, 2021
Hurricane Ida swept across many Gulf Coast states through the northeast leaving a path of destruction, displacements, and power outages in its wake. Storms continue to hit the southern states...


CBT News
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