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%


used cars

unemployment jobs

October jobs report stronger than expected, employers added 261,000 jobs

- November 7, 2022
The US Labor Department reported job growth in October was better than expected on Friday, despite efforts by the Federal Reserve to slow the labor market through interest rate hikes. Nonfarm...
Headlines Articles
Lucid Motors

Lucid Motors announces live stream event to debut Air Pure, Touring trims

- November 7, 2022
In a press release, Lucid Motors announced it will live-stream a global launch event called "In the Air and Beyond" on November 15, as it debuts the final two trim...
Headlines Articles
Carvana used car

Carvana’s Q3 losses shed light on slowing used car demand

- November 7, 2022
Carvana shares fell in extended trading after the company announced its third-quarter financial results were worse than expected and reflected a decline in nearly every aspect of the used car...
Headlines Articles
Brian Finkelmeyer New Cars

How dealers can better manage their new and used car business today — Brian Finkelmeyer

- November 1, 2022
Today on Inside Automotive, we’re joined in the studio by Brian Finkelmeyer, Senior Director of New Vehicle Solutions at Cox Automotive, to discuss the latest trends for the new and...
Daily Automotive News Inside Automotive
inventory

Can dealers avoid overpaying for used inventory with the economy in flux?

- June 6, 2022
From May 2021 to May 2022, the prices of used cars at auction rose more than 12% according to the Manheim Used Vehicle Value Index. The blistering-hot pre-owned market has...
Sales & Marketing Articles
reconditioning

The importance of reducing time-on-task in your car dealership’s recon department

- January 17, 2022
As auto dealerships continue to navigate the challenges of a prolonged new vehicle inventory shortage and disruptions within the supply chain, many now face mounting pressure to find or better...
Fixed-Ops Sales & Marketing
car dealers

How car dealers can better source used car inventory in 2022

- January 17, 2022
Dealerships faced major headwinds in 2021 as an anticipated shortage of critical vehicle components like semiconductor chips put the brakes on new car production. This challenged car dealers to turn...
Sales & Marketing Articles
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...
Daily Automotive News Articles
Price

The secrets to marketing used cars successfully

- October 28, 2021
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer interviews,...
Headlines
wholesale

Wholesale prices expected to climb even higher after setting September record

- October 15, 2021
The Manheim Market Report for September 2021 showed that wholesale used vehicle prices have risen to an all-time high once again, and the increase isn’t expected to be at its...
Sales & Marketing Daily Automotive News

Latest Articles

TrueCar achieves profitability and calls for a new standard in automotive pricing
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Stellantis, Microsoft deepen alliance to supercharge AI and cybersecurity capabilities 
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Pentagon boosts weapons production with automakers, Ford unifies EV strategy, Tesla outlook improves

Pentagon taps automakers to boost weapons production capacity
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Ford creates unified product organization to accelerate EV, software rollout and margin goals
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Tesla outlook strengthens as software updates fuel investor confidence
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New-vehicle affordability improves for fifth straight month
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Auto retail holds firm as Kerrigan flags geopolitical pressure, policy resets and M&A surge
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Paul Brown, Vice President of Ascent Dealer Services, explains how negative equity affects trade-in values and how dealerships can protect themselves and customers with gap insurance.
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The key to closing deals underwater

CarMax shares fall 14% as new CEO Keith Barr unveils turnaround plan focused on lower-priced vehicles amid softening consumer demand.
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CarMax pivots to lower-priced vehicles as investors remain skeptical


CBT News
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