TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%
TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%
TSLA346.650-6.17%
GM72.760-0.67%
F11.530-0.08%
RIVN14.690-0.6%
CYD39.600-0.18%
HMC23.490-0.35%
TM203.660-0.76%
CVNA320.2503.4%
PAG148.170-0.54%
LAD261.5403.97%
AN193.510-3.31%
GPI323.960-3.04%
ABG195.140-0.26%
SAH63.5000.19%


Industry News

stimulus

Stimulus Package Delayed, Not Expected Until September

- August 18, 2020
As is the trend with most negotiations lately, Congress cannot agree on a stimulus package that would assist the U.S. amid the unforgiving coronavirus pandemic. Arguments over what payments should...
FCA

FCA’s Dedication to Building a More Diverse and Inclusive Dealer Body

- August 18, 2020
At CBT News, we’ve talked a lot about diversity and the evident lack of minority representation in the retail automotive industry. This subject alone has left many companies scrambling to...
penske automotive

Penske Automotive and Other Larger Dealer Groups Continue to Cut Jobs

- August 17, 2020
When the COVID-19 pandemic struck the United States in full force mid-March, hundreds of thousands of dealership employees nationwide stayed at home to ride out shutdowns and lock-ins. Despite auto...
Ellena Woodhams

How Ellena Woodhams Stepped Up the COVID Response Across her Family’s 4 Dealerships

- August 17, 2020
Up until the COVID-19 virus hit the state of California this past March, Ellena Woodhams' job as the compliance and outreach director for Stevens Management Co., had been relatively straightforward....

Rivian R1T Tops List of Most Anticipated Electric Trucks

- August 17, 2020
It’s been highly speculated whether or not truck shoppers would generate enough interest in all-electric pickups to give them staying power on the market. However, recent interest spikes show that...

Staff Shortages Continue Delaying Inventories

- August 14, 2020
OEMs have started the process of resuming operations at plants as they were pre-pandemic. While many employees have returned, most factories are still lacking key personnel. This creates extremely difficult...
consumer price index

Consumer Price Index Grows in July, Especially in Automotive

- August 13, 2020
The US Bureau of Labor Statistics (BLS) announced on Wednesday that the Consumer Price Index for July 2020 rose by 0.6 percent including seasonal adjustment. Consumer Price Index, or CPI,...
NADA

NADA, NAMAD Officials Open Up About the Lack of Diversity in Automotive

- August 13, 2020
Black representation in the automotive dealer body has been severely lacking for decades. In fact, there are only 265 African-American owned dealerships out a total of 18,200 in the country....

Tesla’s Stock Soars After Its Historic Split

- August 13, 2020
Investors' most common complaint with Tesla’s stock has been expensive share prices. However, that’s all about to change. The electric automaker announced late Tuesday that they are planning to split...
EV

New EV Competitors Try to Dethrone Tesla

- August 12, 2020
The EV market has been dominated by Tesla in 2020, with little resistance from any other company in the market. However, Elon Musk’s auto brand is certainly setting the stage...


CBT News
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