CBT News | Automotive Industry | Dealership News
网页4 天之前 · Lithia Motors expands into North Florida, adding $200 million in revenue. September 11, 2024. Lithia Motors has expanded its U.S. dealership portfolio by entering the North Florida market by acquiring three dealerships expected to generate more than $200... Get the latest headlines in automotive, delivered straight to your inbox.
GM layoffs, Major Ford/GM recalls, Lucid expands to Detroit
网页3 小时之前 · 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 …
网页5 小时之前 · 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 …
网页1 天前 · 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 […]
Weekly roundup: Treasury proposes EV charger tax credits, Ford …
网页17 小时之前 · 1. New Treasury rule proposes tax credits to boost EV charger installations nationwide On Wednesday, the U.S. Treasury Department proposed a new rule that could provide substantial tax credits for installing electric vehicle (EV) chargers. Under the proposal, individuals would be eligible for credits of up to $1,000, while businesses could receive up to $100,000 for each installed charger.
Decoding the decline in used car prices and what's next for the …
网页2 天之前 · 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
网页3 天之前 · 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 at both franchised and independent ...
Trump and Harris clash over U.S. auto industry, Stellantis invests ...
网页2024年9月12日 · Top stories Trump and Harris clash over U.S. auto industry at debate. Read More Stellantis invests $406M in Michigan plants to accelerate EV and hybrid production. Read More GM, Hyundai to explore collaboration on EVs and clean energy. Read More Jeep and dealers urge Stellantis to reverse market-share losses. Read More Featured Interview How dealers navigate […]
CBT News | The Future of Automotive Show
网页Welcome 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 ...
Auto News | Automotive News, Training and Insights
网页How dealers can build a better customer experience through employee-centric leadership – Blake Morgan. CBT News - August 16, 2024. 1 2 3 ... 692 Page 1 of 692. CBT Automotive Network is the official automotive news source for the retail automotive industry featuring industry highlights and training for selling cars.