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Lithia Motors CEO

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

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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...
Sonic Automotive

Sonic Automotive posts record breaking Q4 results for 2022

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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...
GM, General Motor delivered

General Motors reports new Q4 sales record for plug-in BEVs

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General Motors sales reach another record result. GM said 623,261 vehicles were delivered in the United States during the fourth quarter. In 2022, that...
U.S. recalls, Jim Farley CEO Ford

Ford U.S. sales dip in Q4, F-Series remains top selling truck

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Contrasted with 2021, Ford Motor Company announced lower U.S. sales for the last three months of 2022. However, the carmaker continued to dominate the...
Rivian

Rivian narrowly misses it 2022 production target of 25,000 EVs

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As the year begins, Rivian Automotive claims it fell shy of its 2022 production target of 25,000 vehicles due to supply chain issues and...
Cox, used-car

Dealers report worst attitudes on record, according to Cox Automotive

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Dealerships are less confident than ever about the car market, according to a new report released by Cox Automotive. The study, which obtains quarterly data...
Q4

Used Vehicle Sales High Among Consumers with High Credit

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Experian has released its Q4 2019 State of the Automotive Finance Market Report, which found that many of the trends in the automotive market...
2019

CBT Automotive Newscast for December 9, 2019

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Today on CBTNews.com - Monday, December 9th, 2019: What November Sales Numbers Indicate for the Close of 2019 Here to give us an overview of this...
Ford

Ford Sales Decline for a Fourth Straight Quarter

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Founded in 1903 by Henry Ford, the Ford Motor Company revolutionized the industry many times over. As part of the “Big Three” US automakers,...