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

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...
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,...


CBT News
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