CBT News | Automotive Industry | Dealership News
WEB6 days ago · GM launches adapter for Tesla Supercharger access, expanding EV charging options. Starting today, General Motors (GM) is making a major move to expand charging options for its electric vehicle (EV) customers. GM EV owners can now purchase a North American Charging Standard (NACS) DC adapter …
GM layoffs, Major Ford/GM recalls, Lucid expands to Detroit
WEB1 day ago · Top stories. GM to lay off 680 workers at Fairfax plant as production shifts to new Chevrolet Bolt EV. Read More. Ford and GM issue major recalls impacting over 590,000 vehicles in the U.S. Read More. Lucid expands to Detroit, taps local talent for growth and upcoming electric SUV launch. Read …
New vehicle sales stabilize, days’ supply and inventory trends …
WEB2 days ago · A recent analysis of vAuto Live Market View data reveals that new vehicle sales volume and average days’ supply have stabilized after experiencing fluctuations due to a cyber breach at a major dealer management system (DMS) supplier. As of September 5, 2024, the total inventory of unsold new vehicles in the U.S. stands at 2.84 million units, with a days’ supply averaging 77—lower than ...
New Treasury rule offers tax credits for EV chargers, UAW strikes …
WEB2 days ago · Top stories New Treasury rule proposes tax credits to boost EV charger installations nationwide. Read More Ford’s River Rouge Tool and Die unit faces strike deadline amid ongoing UAW disputes. Read More UAW eyes strike against Stellantis amid contract disputes and U.S. market struggles. Read More Wholesale used vehicle prices show modest decline in September. Read […]
Decoding the decline in used car prices and what's next for the …
WEB4 days ago · Increased Supply of New Vehicles. One of the primary factors driving the current decline in used car prices is the increased supply of new vehicles. Over the past few years, OEMs have grappled with supply chain disruptions, particularly the semiconductor shortage. These disruptions led to the limited availability of new cars, pushing consumers ...
August retail used-vehicle sales surge, highest since October 2021
WEB4 days ago · By CBT News. September 17, 2024. Retail used-vehicle sales in August saw an impressive 8% month-over-month gain, according to Cox Automotive’s vAuto Live Market View data estimates. This increase pushed retail sales to their highest level since October 2021, with a total of 1.7 million used vehicles sold …
About Us - CBT News
WEBFor over 11 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. An expansive, on-demand library of over 5,000 video segments featuring dealership best practices, recommendations, and …
Record EV sales in Q2 as new models boost competition and
WEBAug 22, 2024 · According to a recent Kelly Blue Book study, electric vehicle (EV) sales in the U.S. reached new heights in the second quarter of 2024, with 320,463 units sold—a notable 23% increase from the previous quarter and an 11% rise compared to the same period last year. Despite discussions of a potential EV market slowdown, more models are hitting the streets, intensifying competition and ...
CBT News | The Future of Automotive Show
WEBWelcome to the Future of Automotive, a forward-thinking and dynamic show that looks ahead at emerging automotive industry trends and insights. Hosted by Automotive Ventures founder Steve Greenfield, this weekly show offers a thoughtful exploration of cutting-edge automotive technology, including electric vehicles, autonomous driving, connected ...
Inside Automotive | CBT Automotive Network - CBT News
WEBInside Automotive is a groundbreaking network show that offers a captivating blend of dealership news, automotive retailing best practices, and cutting-edge industry insights from top executives and analysts. Featuring trailblazing industry insiders, this show offers a comprehensive look into the latest happenings within dealerships ...
Skip to content