California is once again at the center of the nation’s automotive and energy policy debate. With federal electric vehicle (EV) tax credits set to expire this September, the state is considering whether to create its own replacement program. This would not only affect car buyers but could also reshape the national conversation on emissions rules, […] The post What happens to California when federal EV tax credits END? appeared first on CBT News.| CBT News
Lithia Motors Inc. has acquired two dealerships in West Palm Beach, Florida, from Napleton Automotive Group. The locations will now operate as Palm Beach Acura and West Palm Beach Hyundai-Genesis of West Palm Beach, strengthening Lithia’s regional operations and brand offerings. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered […] The post Lithia Motors acquires two West Palm Beach dealerships from Napleton Automotive appeared first on CBT News.| CBT News
On the Dash: EV insurance premiums are 49% higher than for gas cars, adding $1,326 annually. Insurance rates for EVs vary widely by region, with high-adoption areas like California seeing lower costs. While EVs cost more to insure, savings on maintenance and fuel may offset some expenses. While EVs cost more to insure, lower maintenance […] The post Insurify data shows EV insurance costs nearly 50% more than traditional cars appeared first on CBT News.| CBT News
On the Dash: Jaguar Land Rover confirmed a cyberattack has compromised some data and disrupted production across multiple facilities. Factory closures affect plants in the UK, Slovakia, China, and India, halting vehicle assembly and delaying new registrations. The breach compounds challenges from U.S. tariffs and Jaguar’s paused production ahead of its EV relaunch. Jaguar Land […] The post JLR cyberattack disrupts production, compromises data appeared first on CBT News.| CBT News
Molle Auto Group acquired Max Chrysler-Dodge-Jeep-Ram of Belton, Missouri, from Max Motors Dealerships in August 2025. Following the sale, the store was rebranded as Molle Chrysler-Dodge-Jeep-Ram. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox. Deal Details: Seller: Max Motors Dealerships Buyer: Molle Auto Group Transaction […] The post Molle Auto Group acquires Max CDJR of Belton, renames It Molle CDJR appeared first on CBT News.| CBT News
On the Dash: Ford launched Ready Set Ford, its first global campaign in over 15 years, to modernize the brand and deepen customer connections. The company is restructuring around four core promises: Capability, Passion, Community, and Trust, to align its products and customer experience. Ford plans to shift focus from individual nameplates to customer lifestyles, […] The post Ford launches first global campaign in 15 years to re-energize brand appeared first on CBT News.| CBT News
Car dealerships and other organizations can unintentionally foster entitlement. Dave Anderson explains how to build an earn & deserve culture| CBT News
Honda reported a steep 50% drop in net profit for the April-June quarter, citing a $844.1 million tariff-related and EV losses| CBT News
Rivian reported a higher-than-expected Q2 loss, driven by rare earth material shortages and declining revenue from regulatory credits.| CBT News
Cox Automotive recently released its latest Kelley Blue Book EV sales report, offering a snapshot of current electric vehicle market dynamics.| CBT News
President Donald Trump has extended Mexico’s current tariff rates for 90 days, temporarily holding off on a threatened 30% hike.| CBT News
Carvana reported its strongest quarter ever in Q2 2025, delivering all-time records in retail unit sales, revenue, and profitability.| CBT News
Sen. Bernie Moreno outlines major auto reforms including EV rollback, Trump tariffs, new tax breaks, and pro-dealer trade policy.| CBT News
I’m Steve Greenfield and I was back in Kazakhstan this week, this time for their first-ever dealership conference.| CBT News
Ford has appointed Alicia Boler Davis as the new president of Ford Pro, its global commercial vehicle and service divisions, effective Oct.1| CBT News
The Federal Reserve voted to hold its benchmark interest rate steady for the fifth time this year, keeping it in the range of 4.25% to 4.50%.| CBT News
Toyota reported record global sales for the first half of 2025, driven by robust demand for hybrid vehicles in core markets.| CBT News
Aston Martin Lagonda Global Holdings Plc is scaling back U.S. shipments to cushion the impact of new auto tariffs imposed by President Trump.| CBT News
Work Truck Solutions® released its Q1 2025 Commercial Vehicle Market Analysis, highlighting ongoing market adjustments.| CBT News
President Trump is expected to ease the financial blow of his newly imposed auto tariffs by allowing reimbursements for automakers.| CBT News
Ahmed Iqbal, Head of Industry for Automotive at TikTok, joins us to explain how the platform is shaping the future of car buying.| CBT News
Starting March 3, Stellantis is requiring its U.S. workers to report to the office three to five days a week at its Auburn Hills headquarters| CBT News
Toyota reported it sold 10.8 million vehicles globally, securing its position as the world’s top-selling automaker for the fifth year.| CBT News
As EV adoption continues to surge across the nation, Tom Kondrat, breaks down the data, revealing key insights into the growing role of EVs| CBT News
The goal of the DOGE is to cut through the red tape, reduce unnecessary bureaucracy, and eliminate wasteful spending.| CBT News
On today’s episode of Inside Automotive, Hovik shares his strategy for EV success, the changing landscape, and what dealers can learn| CBT News
With the current buzz around the great buy/sell market, many are eager to capitalize on this trend, but how? Joining us is Todd Berko.| CBT News
Cox Automotive's 2024 Power of Data study is a crucial resource that gathered feedback from franchise dealers and their management| CBT News