TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%


revenue

Lucid EV production

Lucid’s projected revenue falls short in 2023, prepares for increased EV production

- February 24, 2023
Only days after reducing its reservation total from 34,000 to 28,000, EV brand Lucid revealed plummeting Q4 revenue. The manufacturer earned $257.7 million between October and January or about $45.3...
Retail Automotive Trends

10 Automotive retail trends that will shape the industry in 2023

- December 19, 2022
As we move into 2023, the automotive retail industry faces significant changes and challenges. Here are 10 of the biggest trends that will shape the industry over the next year. These...
Asbury Automotive

Asbury Automotive Group adds eight more storefronts in Stevinson acquisition

- December 8, 2021
The M&A activity continues at a feverish pace in the automotive sector, and Asbury Automotive Group is making yet another acquisition. They’ve completed the purchase of Stevinson Automotive, a group...
collision center

Maximize revenue in the collision center with lean production practices

- December 1, 2021
Collision centers are typically viewed as a standalone business for car dealers that act as a supporting, customer service-oriented role. Their value is often underappreciated and seldom do dealerships invest...

J.D. Power’s Tyson Jominy shares his auto retail predictions for Q4

- November 17, 2021
In the third quarter, as record sales and consumer spending declined, we talked to Tyson Jominy, Vice President of Data and Analytics at J.D. Power to get his insight on...
Carvana

Carvana shows growth but takes a financial loss on Q3 2021 results

- November 10, 2021
Growing sales and great profit margins weren’t enough to push Carvana into the black through the third quarter of 2021. In the shareholder letter issued on November 4 from founder...
Group 1

Group 1 Buys Prime Automotive Dealerships in $880 Million-Dollar Deal

- September 16, 2021
As of Monday, September 13, 2021, Group 1 Automotive Inc. has committed to purchase Prime Automotive Group. The $880 million deal includes Prime’s 30 stores, nearly all of the assets,...
vehicle supply

A new model coming for vehicle supply, AutoNation CEO Mike Jackson predicts

- August 16, 2021
The COVID-19 pandemic could be a watershed for carmakers who have typically kept hundreds of thousands of new vehicles at any given time. AutoNation CEO Mike Jackson surmises that this...
ecommerce

Why eCommerce is here to stay post-pandemic

- August 10, 2021
In 2020 dealers across the country were forced to massively adapt the way they serve their customers. With the rise in safety measures, lockdowns, and broken links in supply chains...
Q2 profit

Carmakers exceed expectations for Q2 profit in the US

- August 5, 2021
As anticipated, the first few days in August have second-quarter financial reports rolling in from carmakers. In large part, Q2 2021 has been one of the best on record with...


CBT News
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