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U.S. Commerce to propose rules on connected vehicles, BMW recalls 1,145 vehicles, Penske acquires world’s largest Ford Dealership

Top stories

U.S. Commerce Department to propose rules on connected vehicles & limits Chinese software. Read More

BMW recalls 1,145 vehicles due to potentially explosive airbag issues. Read More

Penske Automotive acquires world’s largest Ford dealership, Bill Brown Ford. Read More

Car prices drop as interest rates may follow: Tips for buying new and used vehicles. Read More

Featured Interview

The cost of vehicle ownership is on the rise, and one key factor is insurance rates. Tim Jackson joins us to discuss the industry's impactHow rising insurance rates are impacting vehicle ownership – Tim Jackson
The cost of vehicle ownership is on the rise, and one key factor is insurance rates. On today’s episode of Inside Automotive, Tim Jackson, the Former President and CEO of the Colorado Automobile Dealers Association, will once again join us to share his thoughts and discuss the industry’s impact. Watch the full segment here.

Eric DeMont will join us on today's episode of Driving Solutions to share insights from Urban Science's 2024 Harris Poll study and analysis.Navigating affordability and consumer resilience: Insights from Urban Science’s 2024 Harris Poll Study – Eric DeMont
In the ever-evolving automotive landscape, understanding car buyers’ intricate behaviors and sentiments is paramount for dealers striving to stay ahead. Joining us on today’s episode of Driving Solutions with insights derived from Urban Science’s 2024 Harris Poll study and analysis is Eric DeMont, Global Practice Director at Urban Science. With insights from over 250 dealers and 3,000 automotive shoppers, this interview uncovers the critical trends and actionable strategies that can drive success in the automotive industry. Watch the full segment here.

For Dealers

Where inventory levels are up along with interest rates and expenses, while customer interest in vehicle purchases and net profits are down.How dealers can maximize net profits amid inventory surpluses and declining sales
Halfway through 2024 we are being challenged with another uncommon year in the car business, where inventory levels are up along with interest rates and expenses, while customer interest in vehicle purchases and net profits are down from expected forecasts. Read More

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CBT News
CBT News
For over 11 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

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