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Experts expect vehicle affordability to remain a problem in 2024. Check out my conversation with Lotlinx CEO Len Short to find out why.

2024 auto industry steers through vehicle affordability, inventory roadblocks

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As the automotive retail industry settles into 2024, there's cautious optimism about returning to 'near-normal' vehicle inventory levels. This is a welcome change from...
Despite the tighter tax credits, all EVs receive the full $7,500 when leasing. Thus, more people than ever before are leasing EVs. 

Top 9 EVs for lease, best monthly deals and features

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The tighter federal tax credit for the Inflation Reduction Act (IRA) has a loophole that limits the rebates to $3,750 for vehicles made in...
JT Taylor joins CBT Now to discuss the latest financial trends impacting the retail automotive sector in 2024.

How the car market is adjusting to interest rates and inflation...

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In 2023, the U.S. faced increased interest rates and rapid inflation, both of which placed heavy pressure on car buyers and retailers alike. On...

New vehicle transaction prices decline, Treasury’s new EV credit process, Sonic...

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Executive Profile  The Executive Profile: What's next for dealer and philanthropist Rita Case? Welcome to another edition of the Executive Profile on CBT News. Recently, anchor...
Group 1 owns and operates 198 automotive dealerships, 262 franchises, and 43 collision centers in the United States and the United Kingdom.

Group 1 Automotive supercharges Mid-Atlantic footprint with latest acquisition

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Group 1 Automotive, one of the nation's largest auto retailing groups, announced today that it is expanding its U.S. portfolio in the greater Baltimore/Washington...

Vandals set fire to Waymo robotaxi, vehicle financing trends, Rivian slashes...

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Inside Automotive  How this independent dealership prioritizes affordability and beats the odds – Scott Dooley | Carbox Independent car dealers are essential in offering diverse and...
Edmunds analyzed website traffic following the airing of the four car commercials shown during the 2024 Super Bowl. Which models stood out?

Which 2024 Super Bowl car commercial caught the most attention?

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Few automakers participated in Super Bowl advertising this year, but the ones who did saw notable increases in internet traffic following the airing of...
Ionna, an electric vehicle charging network backed by seven major automakers, has officially commenced operations in North America.

OEM-backed Ionna EV charging network gets a CEO and regulator approval

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Ionna, a joint-venture project involving seven automakers to build a massive electric vehicle charging network across the U.S. and Canada, has officially launched following...
We’ll explore some emerging trends within the automotive industry that make some dealers wonder if it’s worth advertising on TV anymore. 

Trends in automotive TV advertising—still worth it for dealers?

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Television advertisements are a big deal for car manufacturers. Minding our language, and depending on who you ask, it might be fair to say...
Cars.com has recognized the best in terms of innovation, quality, and value and has released a list of the 2024 model-year best vehicles.

Top 2024 model-year vehicles taking the industry by storm

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The year 2024 has already brought a wave of newly redesigned and innovative vehicles that have taken the automobile industry by storm. Cars.com, a...