CBT News | Automotive Industry | Dealership News
6 天之前 · Vietnamese automaker VinFast is turning up the heat in 2024, offering a lease deal for its VF 8 SUV at $279 per month with $0 down. This move aims to attract U.S. consumers to its flagship electric vehicle, positioning it as one of the most …
California dealers vs. VW, Stellantis reverses layoffs, Musk vs.
2024年12月23日 · Top Stories CNCDA issues cease-and-desist against VW’s direct sales plans for Scout brand. Read More Stellantis u-turns on Ohio layoffs amid leadership challenges. Read More Musk vs. Congress: spending bill sparks dramatic showdown. Read More Nissan, Honda enter formal merger talks to create new industry giant. Read.More Featured Interviews Mastering objection handling with five principles ...
2024 CBT News Year-in-Review
23 小时之前 · As 2024 comes to a close, CBT Automotive News reflects on the shifts and innovations the automotive industry has experienced this year. However, looking to 2025, the future of the industry promises to be just as transformative. For over 11 years, CBT News has been informing and helping automotive ...
Vehicle sales show steady growth as 2024 closes, setting positive ...
1 天前 · As we approach the end of 2024, new vehicle sales in December are expected to show steady growth compared to last year, according to the latest forecast from Cox Automotive.The seasonally adjusted annual rate for December is projected to reach 16.5 million units, matching the sales pace of November and significantly increasing from 15.9 million units in December 2023.
December used-vehicle inventory remains stable, but affordability ...
1 天前 · According to Cox Automotive’s vAuto Live Market View data analysis, the used-vehicle inventory at the start of December remained stable compared to November. Still, it showed a 6% decrease compared to the same period in 2023. As of December 5, 2024, the total unsold used vehicles on dealer lots across the U.S. stood at 2.18 million units.
GM faces $5B restructuring hit, Tesla Cybertruck lease cuts, …
2024年12月4日 · Top stories GM takes $5B hit in restructuring China’s joint venture operations. Read More Tesla’s Cybertruck lease gets cheaper, but expect hidden costs. Read More Volkswagen faces escalating tensions as strikes loom over cost-cutting measures. Read More Mazda braces for U.S. tariffs and EV shifts. Read More Featured Interview Lauren Fix breaks down 2024 LA Auto […]
Stellantis cuts jobs, Ford issues EV warning, GM & Ford face …
2024年10月21日 · Top stories Stellantis cuts jobs, ends Ram 1500 classic production, and closes Arizona Proving Grounds Read More Ford warns EV owners to stop using Tesla Supercharger adapters due to potential charging issues. Read More GM, Ford face investor scrutiny as EV losses persist and gasoline vehicle pricing power wanes. Read More Elon Musk offers $1M […]
Stellantis shipments decline, Tesla robotaxi plan hits hurdles, …
2024年10月16日 · Top stories Stellantis reports 20% drop in shipments, recalls hybrid SUVs over brake issue. Read More Tesla’s ambitious robotaxi Plan faces U.S. regulatory roadblocks. Read More Nissan launches nationwide EV charging network for Ariya owners. Read More Auto credit availability improves in September, reversing a five-month decline. Read More Featured Interview Cox Automotive’s Q3 Dealer […]
New car sales expected to grow in Jan., Independent probe …
2024年1月30日 · Inside Automotive How dealerships can more effectively manage inventory risks – Len Short | Lotlinx Dealerships are in a critical phase as discounts are being applied to aging car inventory. Len Short, the Chairman and CEO of Lotlinx, speaks with anchor Jim Fitzpatrick on the most recent episode of Inside Automotive about strategies dealers can use […]
U.S. EV market on pace for record-breaking year as sales and …
2024年11月25日 · The U.S. electric vehicle (EV) market continues its momentum toward a record-breaking year, with October delivering notable growth in both new and used EV sales. While new EV prices edged lower and used EV prices approached parity with traditional vehicles, inventory dynamics, and transaction pricing painted a clearer picture of the market’s trajectory.