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

Stellantis

Stellantis to invest $35 billion in EV development through 2025

- July 9, 2021
On Thursday, Stellantis announced a comprehensive electrification plan for all 14 brands at their EV Day 2021 virtual event. Stellantis CEO Carlos Tavares detailed the carmaker’s intentions to invest $35...
EVs

Newly proposed EV legislation sparks controversy

- July 8, 2021
As the push towards the electrification of the auto industry continues, questions about incentives and discounts remain a point of contention for lawmakers, automakers, and consumers. Back in April, the...
automotive finance

Experian’s Melinda Zabritski shares key insights into the state of automotive finance

- July 2, 2021
Total open loan balances are on the rise, according to Experian's Q1 2021 State of the Automotive Finance Market Report. So what does this mean for car dealers? Joining us...
tire safety

National Tire Safety Week offers service departments the perfect opportunity

- July 1, 2021
The U.S. Tire Manufacturers Association set this year’s dates for National Tire Safety Week as June 28 through July 4. If you ever wanted to maximize tire sales at your...
Bob Johnson

Bob Johnson Auto Group expands with acquisition of Dorschel Automotive Group

- July 1, 2021
On Tuesday, Bob Johnson Auto Group announced that they’ve purchased all nine dealerships in the Dorschel Automotive Group. The Dorschel dealerships are all located along W Henrietta Blvd in Rochester,...
microchip shortage

How the microchip shortage is progressing

- June 30, 2021
Like most industries, the auto industry has continued to grapple with the effects of the pandemic while trying to find ways to overcome them. Despite revamped planning and operations, many...
remote

Is there a case for remote vehicle servicing?

- June 30, 2021
According to the 2020 NADA Data Financial Profile, dealers commonly expect around three of every ten dollars of net profit to be generated by the service department. Another goal that’s...
inventory

Demand is high but low inventory will temper results, according to June 2021 forecast

- June 28, 2021
As June brings the first half of a historic 2021 to a close, the forecast for the month’s end remains largely positive. JD Power and LMC Automotive predict that retail...
payment

Americans spend nearly $5k per year on car payments. Here’s why it matters.

- June 25, 2021
In the US, the average household carrying an auto loan spends $412 per month on payments, according to a doxoINSIGHTS US Auto Loans Market Size and Household Spending Report issued...
auto

Auto Market Summary points to slight market correction

- June 24, 2021
Cox Automotive released its latest auto market weekly summary Monday and while some trends continued, others slightly veered off course. Jobless claims were up, consumer sentiment and retail sales for...


CBT News
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