TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%


market trends

downgraded

AutoNation stock downgraded by JPMorgan after sales take a hit in 2022

- February 22, 2023
JPMorgan Chase & Co. downgraded AutoNation's stock to "underweight" from "neutral" following a decrease in vehicle sales in 2022. The downgrade echoes the industry's mixed reactions over AutoNation's quarterly and full...
Articles Headlines
Lithia Motors CEO

Lithia Motors beats AutoNation to become top selling dealership group in 2022

- February 21, 2023
Lithia Motors revealed it had sold 271,596 new vehicles in 2022, beating the nation's longtime frontrunner AutoNation by 40,000 units. In Q4 alone, Lithia made 68,159 new vehicle sales, a 5.2%...
Articles Headlines
Vaughn perspectives

Facing diversity, sales and electrification challenges in the dealership — Lawrence Vaughn

- February 20, 2023
Dealers are anxious to know what challenges await the automotive industry in 2023, which is why they are paying close attention to experienced perspectives. Lawrence Vaughn is the Dealer Principal...
Management & Leadership Inside Automotive
car buying experience, Isabelle helms

Why are customers less satisfied with the car buying experience?

- February 20, 2023
Dealers have transformed the car buying experience with customers in mind, but many question the success of these changes. Recently, Cox Automotive published its 13th annual Car Buyer Journey Study,...
Featured Daily Automotive News
U.S. luxury market

Tesla wins top spot in U.S. luxury market, first American winner in 25 years

- February 17, 2023
Tesla has become the first American brand in 25 years to reach the top of the U.S. luxury market, beating out 2021's winner BMW. In total, the EV maker sold 491,000...
Articles Headlines
Sonic Automotive

Sonic Automotive posts record breaking Q4 results for 2022

- February 17, 2023
Sonic Automotive has revealed record-breaking fourth quarter results in its earnings report, with sizable gains in revenue and profit. In Q4, the North Carolina dealer group earned $3.59 billion in revenue...
Articles Headlines

Why preparation and adaptability are key for auto dealers in 2023 — Mike Maroone

- February 16, 2023
Although the 2023 car business is off to a strong start, dealers are anxious to avoid a false sense of security, and want to know what challenges lie in wait....
Management & Leadership Inside Automotive
Retail sales

U.S. retail sales see largest growth in two years despite inflation concerns

- February 16, 2023
U.S. retail sales rose 3% in January, according to the U.S. Commerce Department, the biggest monthly increase since March of 2021. Analysts had originally expected U.S. retail sales to climb 1.8%...
Articles Headlines
Jonathan Smoke 2023 car market

What January’s success can tell us about the 2023 car market — Jonathan Smoke

- February 15, 2023
As the dust settles on the 2023 car market, dealers are obsessively watching for signs of change. The year promises to be pivotal for the automotive industry, and even though...
Sales & Marketing CBT Now
recession

Inflation growth in January surprises analysts, but recession remains uncertain

- February 15, 2023
Inflation outpaced expectations in January as the consumer price index (CPI) gained 0.5%, but despite the new numbers the recession debate remains unresolved. The CPI uses changes in the costs of...
Articles Headlines

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CBT News
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