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Q2 profit

Carmakers exceed expectations for Q2 profit in the US

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As anticipated, the first few days in August have second-quarter financial reports rolling in from carmakers. In large part, Q2 2021 has been one...

CBT automotive newscast: August 5, 2021

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Featured Interview: How car dealers can increase their brand awareness and engage with customers on Twitter - Guy Schueller, Industry Director for Autos If a topic...
Mask mandates

Mask mandates return for the Big Three U.S. auto plants

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On Tuesday, the United Auto Workers union and the Big Three carmakers announced that mandatory mask mandates would be reinstated for all corporate locations...

CBT automotive newscast: August 4, 2021

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Featured Interview: Sonic Automotive Pres. Jeff Dyke discusses all-time record for quarterly revenue and EchoPark expansion Sonic Automotive recently announced an all-time record quarterly revenue of...
Rivian

Rivian factory in UK possible as carmaker reportedly in talks with...

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Rivian Automotive has been in discussions with UK ministers about building the first factory outside of the United States to produce their all-electric vehicles....
car leasing

Could used car leasing tide over ravenous car buyers?

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Dealers nationwide are experiencing or expecting shortages on their new car lots. Some manufacturers have fared better than others, but as a whole, the...

CBT automotive newscast: August 2, 2021

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Featured Interview: Economic indicators that could impact auto sales for the rest of 2021 - Patrick Manzi, NADA Chief Economist Most major automakers and dealer groups...

CBT automotive newscast: July 27, 2021

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Featured Interview: What is driving the increased volume of auto technology deals? - Steve Greenfield It has been quite an active year for mergers and acquisitions...
shortage

GM full-size truck production to be halted next week due to...

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As of next week, General Motors will be pausing production lines for nearly all full-size pickup trucks manufactured in the US and Mexico. The shutdowns are...

CBT automotive newscast: July 22, 2021

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Featured Interview: J.D. Power's Jonathan Banks on the future landscape for new and used vehicles Will the used car market continue to grow? On today’s show,...