TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


Retail Automotive

General Motors (GM) is set to lay off 1,300 workers in Michigan from early 2024 with additional layoffs occurring through March., economic

GM to layoff 1,300 workers in Michigan early next year

- December 15, 2023
Starting early next year, General Motors intends to lay off approximately 1,300 workers in Michigan due to ending production of specific vehicle models. On Dec. 14, the Detroit automaker filed a...
The NHTSA U.S. Office of Defect Investigation announced its plan to initiate a preliminary probe into over 450,000 Nissan vehicles. 

Nissan faces probe due to potential engine failures in over 450,000 vehicles

- December 15, 2023
On Dec. 15, the National Highway of Traffic Safety Administration's (NHTSA) U.S. Office of Defect Investigation (ODI) announced its plan to initiate a preliminary investigation into over 450,000 Nissan Rogue...
Jeff Salier, general manager at Puente Hills Subaru, joins CBT News to discuss his automotive career after becoming a 40 Under 40 honoree.

40 Under 40 Honoree: Jeff Salier | Puente Hills Subaru

- December 15, 2023
Jeff Salier, general manager of Puente Hills Subaru, is a seasoned automotive professional with a prosperous 18-year career in the car industry. Joining the sector just prior to the 2008...

2024 auto industry disruptors, number of dealers selling EVs triples, Cruise lays off 900 workers

- December 15, 2023
Inside Automotive  Dealer association presidents react to Hyundai-Amazon partnership and Biden EV push The last year has been one of the busiest for dealer associations as the industry grapples with a host...
Since 2020, the share of new car dealers selling electric vehicles has risen from 16.5% to 55.1%, defying market headwinds and slow demand.

Number of new car dealers selling electric vehicles triples from 2020

- December 14, 2023
More than half of all car dealers are selling electric vehicles in 2023, according to automotive data platform iSeeCars. Since the onset of the COVID pandemic, the number of non-Tesla dealers...
Scout Motors has announced its plan to expand its footprint in the U.S. by building a new product design and engineering facility in Michigan

Scout Motors to create 200 jobs with new Michigan facility

- December 14, 2023
Volkswagen's electric subsidiary, Scout Motors, has announced its plan to expand its footprint in the U.S. by building a new $11 million product design and engineering facility in Novi, Michigan....
The Edmunds car buying experts predict that 15.7 million new cars will be sold in 2024 due to competing market pressures.

Edmunds experts predict 3 major industry disruptors for 2024

- December 14, 2023
Analysts from Edmunds predict that 15.7 million new cars will be sold in 2024 due to competing market pressures, which should keep new vehicle sales largely stable. The prediction, calculated...
Colin Carrasquillo, digital marketing director at Nielsen Automotive Group, joins CBT News to discuss his newly acquired 40 Under 40 award.

40 Under 40 Honoree: Colin Carrasquillo | Nielsen Automotive Group

- December 14, 2023
Colin Carrasquillo, digital marketing director at Nielsen Automotive Group and frequent CBT News contributor, was first introduced to the car business after landing one of his first post-college jobs with...
The EV mandate, among other challenges, caught Lusk's attention as a significant initiative that substantially impacted the industry.

EV mandates, affordability concerns are challenging the auto industry – Cody Lusk | AIADA

- December 14, 2023
As we reflect on the year 2023, we recognize that dealers have been met with a myriad of challenges and successes along the way. Today, our spotlight is on international...
From airfields to auto shops and beyond: discovering alternative pathways for finding service technicians in the retail automotive industry.

Hiring auto technicians: exploring alternative industries to recruit from

- December 14, 2023
Finding the right automotive technicians for your dealership can be challenging, especially when the pool of traditional candidates seems to have dried up. Yet, there's a wealth of untapped potential...


CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.