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Auto loan rates to fall in 2025, Biden allocates $635M for EV chargers, Tesla’s global sales surpasses Audi

CBT News -
Top Stories Auto loan interest rates set to fall in 2025, offering relief to dealers and consumers. Read More Biden-Harris administration allocates $635M in EV charging grants....

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Easing credit conditions mark a robust end to auto finance in 2024

CBT News - 0
Cox Automotive's Dealertrack Credit Availability Index revealed improved auto credit availability across all channels and lender types in December 2024. The All-Loans Index reached...
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Tesla, GM, and Honda drive U.S. EV sales to new heights

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Electric vehicle (EV) sales in the U.S. surged in 2024, with a 15.2% year-over-year increase in the fourth quarter, totaling a record 365,824 units....
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Auto loan interest rates set to fall in 2025, offering relief to dealers and consumers

Jaelyn Campbell - 0
As 2025 begins, auto loan interest rates are showing signs of improvement, offering hope to both car dealerships and consumers who have struggled with...
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Biden-Harris administration allocates $635M in EV charging grants

Jasmine Daniel - 0
With less than a week until President-elect Donald Trump assumes office, the Biden-Harris administration awarded $635 million in electric vehicle (EV) charging grants. This...
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Data reveals that Tesla’s FSD capabilities are still years away despite Musk’s claims

Jasmine Daniel - 0
Tesla CEO Elon Musk publically praised data and claims about Tesla's Full Self-Driving (FSD) progress. However, data indicates that FSD capabilities are still years...
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Tesla surpasses Audi in global sales despite decline, ending decade of growth

Jaelyn Campbell - 0
In a surprising turn of events, Tesla, despite a slight dip in sales, managed to surpass premium rival Audi in 2024, marking a significant...
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Tesla CEO Elon Musk donates fleet of Cybertrucks to assist in L.A. wildfires

Jasmine Daniel - 0
Tesla CEO Elon Musk is jumping in headfirst to support first responders, employees, and displaced citizens during the tragic L.A. wildfires. The catastrophic disaster...
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Reputation scores propel growth for leading American dealerships

CBT News - 0
Reputation, the global leader in reputation performance management, has released its annual North American automotive industry report, revealing that all 152 top-performing dealerships achieved...
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