Tag: car dealership

Tesla announced its third-quarter earnings this week, reporting financial results that set new company records but still fell short of Wall Street expectations. The electric...

Lithia Motors reported its highest third-quarter revenue results and earnings per share in the company’s history. Revenue increased 18% to $7.3 billion compared to $6.2...

The Biden administration announced it is awarding $2.8 billion in grants for projects in the United States that will help expand the manufacturing of electric...

BMW Group plans to invest $1.7 billion in its US operations to build electric vehicles and batteries. $1 billion is earmarked for the automaker's existing...

Dealers around the country are spending less on marketing and redistributing those efforts in less traditional ways like social media. Today on CBT Now,...

Among auto enthusiasts, there are few names as legendary as Carroll Shelby, a pioneer in vehicle performance. Over the years, Shelby's accomplishments include helping...

Mullen Automotive announced yesterday that it had acquired Electric Last Mile Solutions in a $240 million cash purchase, a deal that will allow the...

New data from the National Highway Traffic Safety Administration shows that 10 people were killed in crashes in the US involving vehicles using automated...

New data from Cox Automotive shows average new vehicle transaction prices (ATPs) declined from August to September but remained well above sticker price. According to...

As the auto industry continues to evolve, car dealers must understand consumer demands and concerns and learn how to best address them. On today’s...