Lithia & Driveway posts record $9.6B Q2 revenue, earnings surge

Jasmine Kiniklis - July 29, 2025

Lithia & Driveway (LAD) reported on Tuesday a record second-quarter revenue of $9.6 billion, 4% year-over-year increase, marking the highest in the company's history. Total gross profits increased 4.3% over...

Articles Headlines

A recent study by AutoPacific revealed a massive shift in consumer attitudes toward hands-free driving technology.

Study finds hands-free driving surges to top of new car shoppers’ wish lists

Jaelyn Campbell - July 29, 2025

A recent study by AutoPacific revealed a massive shift in consumer attitudes toward self-driving technology. Among nearly 18,000 respondents, hands-free, semi-autonomous highway driving has emerged as the most desired feature,...

Headlines Articles

Subaru selects HPE to accelerate AI development for next-generation EyeSight driver assist system

CBT News Editorial Team - July 29, 2025

Tokyo, Japan – July 28, 2024 – HPE (NYSE: HPE) today announced that Subaru selected HPE Cray XD670 servers to orchestrate its image recognition technology and AI. This rollout supports Subaru’s vision of increasing...

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Stellantis posts $2.5B loss, Ford secures $3B loan, US auto sales flat in July

CBT News Editorial Team - July 29, 2025

Top Stories Stellantis reports $2.5B loss amid weak North American performance. Read More Ford secures $3B loan to strengthen liquidity amid tariffs, recession fears. Read More U.S. auto sales remain flat in July...

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Stellantis reports $2.5B loss amid weak North American performance

Colin Fitzpatrick - July 29, 2025

Stellantis reported a net loss of €2.3 billion in the first half of 2025, a sharp decline from a €5.6 billion profit in the same period last year. Revenues fell...

Headlines Articles

Ford secures $3B loan to strengthen liquidity amid tariffs, recession fears

Jasmine Kiniklis - July 29, 2025

Ford Motor Co. secured a $3 billion term loan credit agreement. The loan is divided among multiple lenders and will be administered through JP Morgan Chase. Ford says that the...

Articles Headlines

Cox Automotive projects that July’s U.S. new vehicle sales will hold steady at a SAAR of 15.6 million, marking an increase from June.

U.S. auto sales remain flat in July as tariff pressures and high prices persist

Ashby Lincoln - July 29, 2025

Cox Automotive projects that July’s U.S. new-vehicle sales will hold steady at a seasonally adjusted annual rate (SAAR) of 15.6 million. This marks a slight increase from June’s 15.3 million...

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Don Griffin of CarHop and NIADA shares insights on inventory, affordability, and advocacy shaping independent dealers’ future.

Don Griffin on inventory challenges, affordability, and advocacy goals for independent dealers

Jasmine Kiniklis - July 29, 2025

As affordability tightens and regulatory pressure mounts, independent dealers are navigating a changing automotive market. In today's episode of Inside Automotive, Don Griffin, president of the National Independent Automobile Dealers...

Featured Management & Leadership

On today's Training Camp, we sit down with Judy Lynn Farcus Serra to trace her remarkable rise through the retail automotive industry.

Judy Lynn Farcus Serra reflects on a career built on grit, mentorship and growth

Jaelyn Campbell - July 29, 2025

On this episode of Training Camp, host Adam Marburger sits down with Judy Lynn Farcus Serra, COO and CFO of Headquarter Automotive, to trace her remarkable rise through the retail...

Fixed-Ops Training Camp

Carvana brings inspection and reconditioning center capabilities to ADESA Seattle

CBT News Editorial Team - July 28, 2025

SEATTLE--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced plans to bring Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA...

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Retail Automotive

Lithia & Driveway posts record $9.6B Q2 revenue, earnings surge

Study finds hands-free driving surges to top of new car shoppers’ wish lists

Subaru selects HPE to accelerate AI development for next-generation EyeSight driver assist system

Stellantis posts $2.5B loss, Ford secures $3B loan, US auto sales flat in July

Stellantis reports $2.5B loss amid weak North American performance

Ford secures $3B loan to strengthen liquidity amid tariffs, recession fears

U.S. auto sales remain flat in July as tariff pressures and high prices persist

Don Griffin on inventory challenges, affordability, and advocacy goals for independent dealers

Judy Lynn Farcus Serra reflects on a career built on grit, mentorship and growth

Carvana brings inspection and reconditioning center capabilities to ADESA Seattle

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