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%


US economy

Hyundai

Hyundai plans to modify vehicle software to support over-the-air updates by 2025

- October 13, 2022
At Hyundai Motor Group's global forum dubbed "Unlock the Software Age," the Korean automaker announced plans to transform its entire lineup of vehicles into software defined vehicles, or SDVs, by...
Headlines Articles
Honda

Honda, LG choose Ohio for new $4.4 billion EV battery plant

- October 13, 2022
A new production facility jointly owned by Honda Motor and LG Energy Solutions finally has a future location. This week, the companies announced plans to build a new multibillion-dollar plant...
Headlines Articles
recession

JPMorgan Chase CEO Jamie Dimon predicts US recession in 6 to 9 months

- October 12, 2022
JPMorgan Chase CEO Jamie Dimon made predictions about a future economic recession while speaking to CNBC's Julianna Tatelbaum on Monday. Dimon said a "very serious" mix of headwinds would likely...
Headlines Articles
interest rate

What the latest Fed interest rate hike means for auto dealers — Ryan Kerrigan

- September 28, 2022
Today on CBT Now, we're joined by Ryan Kerrigan, Managing Director of Kerrigan Advisors, to update us on what the recent interest rate hike means for your car dealership and...
Sales & Marketing CBT Now
interest rates FED

Fed raises interest rates by another 0.75 points to curb US inflation

- September 23, 2022
In a highly anticipated move, the Federal Reserve raised benchmark interest rates by another three-quarters of a percentage point on Wednesday and indicated that the rate hikes would keep coming...
Headlines Articles
inflation interest rates Fed

The Fed will likely get more aggressive in tackling inflation this week

- September 19, 2022
A number of recently released reports show a combination of positive and negative outlooks for the economy and labor market, just ahead of another likely interest rate hike from the...
Articles Headlines
Tom Maoli

New Jersey dealer Tom Maoli on inflation, EVs, interest rates, and more

- September 8, 2022
Welcome to another edition of Inside Automotive with Jim Fitzpatrick. Today, we're pleased to welcome back Tom Maoli, President and CEO of Celebrity Motor Car and host of Go Big...
Management & Leadership Inside Automotive
Fed interest rates

Fed officials likely to hike interest rates another 0.75 percentage point

- September 8, 2022
On August 26, in Jackson Hole, Wyoming, Federal Reserve Chairman Jerome Powell made a public pledge to reduce inflation, even at the expense of the unemployment rate. “We will keep at...
Articles Headlines
jobs

US adds 315,000 jobs in August, unemployment creeps up to 3.7%

- September 6, 2022
The Bureau of Labor Statistics released a new report on Friday, which showed that despite a still struggling unemployment rate, the country saw some good news regarding rising wages and payroll. Nonfarm payrolls rose...
Articles Headlines
interest rate

Interest rate hikes drive monthly loan and lease payments to 4-year highs — S&P Global

- September 6, 2022
In an effort to curb out-of-control inflation, the Fed's recent interest rate hikes are starting to be felt by dealers and consumers alike. However, struggling inventory levels could prevent the...
Articles Headlines

Latest Articles
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Independent shops are gaining ground, but dealerships retain advantages in expertise, loyalty, and digital tools: New CDK Service Shopper 5.0 survey shows
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TrueCar achieves profitability and calls for a new standard in automotive pricing
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CBT News
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