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

Sonic Automotive increases minimum hourly wage to $15

- August 19, 2021
CHARLOTTE, N.C., August 19, 2021 – Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announces wage increases to provide all...

July vehicle prices hit all-time high while incentives vaporize

- August 19, 2021
The average transaction prices for new vehicles are pushing vehicle purchases into unaffordable territory for shoppers – at least, for those who can find the vehicle they want. According to...
Tynan

Bloomberg Senior Auto Analyst Kevin Tynan on current supply issues, consumer demand, and inventory variations

- August 18, 2021
On today’s show, we’re pleased to welcome back  Bloomberg Intelligence’s Senior Automotive Analyst, Kevin Tynan. Tynan begins the conversation by sharing his thoughts on Q2 earnings. He says the past...
DealerSocket

DealerSocket lays off large portion of employees as part of restructuring plan

- August 18, 2021
Dozens of DealerSocket employees were let go from their jobs in July effective immediately, just two months after the Software as a Service (SaaS) firm was acquired by Solera Holdings...
strike

Chicago auto mechanics strike continues: Union rep. Ronnie Gonzalez on where negotiations stand

- August 17, 2021
As reported by the Chicago Tribune, more than 800 union auto mechanics are still on strike after failed negotiations of a new four-year labor contract. The strike has shut down...
title brands

The most common types of title brands and how to address them

- August 17, 2021
A vehicle's title brand is a designated record, usually tied to the vehicle registration, VIN number, or permit documents, that indicates whether or not the vehicle has suffered any damage,...
vehicle supply

A new model coming for vehicle supply, AutoNation CEO Mike Jackson predicts

- August 16, 2021
The COVID-19 pandemic could be a watershed for carmakers who have typically kept hundreds of thousands of new vehicles at any given time. AutoNation CEO Mike Jackson surmises that this...
fleet

Fleet servicing is the target for dealers as fleet sales numbers remain low

- August 12, 2021
By the end of July, sales of fleet units in the US have regained some modest ground. Cox Automotive reports that year-to-date fleet sales – a combined tally of commercial,...
dealership

FL car dealership’s huge statement on retail: dealer lots aren’t going anywhere

- August 11, 2021
As you drive along the scenic NE 151st Street in Miami, a stunning seven-story building dominates the south side. It isn’t an apartment complex or an office building, nor is...
gas

Gas prices up around 15 cents since May – why that matters in auto retail

- August 10, 2021
If you’ve noticed your dealership’s fuel costs have been a little higher so far this summer, you’re not alone. According to the American Automobile Association (AAA), gas prices have been...


CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.