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Auto credit availability declines for fourth straight month as lenders tighten...
According to the Dealertrack Credit Availability Index, auto credit availability in the U.S. fell for the fourth consecutive month in July 2024, with all...
Highway expansions fail to reduce congestion, impacting future automotive mobility trends
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Cox Automotive expands Ken Kraft’s role to lead sales and marketing
Cox Automotive has announced an expanded leadership role for Executive Vice President and Chief Marketing Officer Ken Kraft, who will oversee the company’s sales...
Practical ways to boost sales
In 2024, franchised new car dealerships face many challenges to their operations. The automotive sales landscape is more competitive than ever, from economic uncertainties...
Federal Reserve maintains interest rates, keeping vehicle financing costs high
The Federal Reserve opted to keep its benchmark rate unchanged during its July meeting, maintaining the target range between 5.25% and 5.5% to restrict...
Ford adds AWD to 2025 Maverick hybrid to boost sales momentum
Ford is enhancing the 2025 Maverick with an all-wheel-drive (AWD) option for its hybrid powertrain, responding to a major customer request since the compact...
Auto repossessions surge amid economic strain: A looming crisis for dealerships
In the wake of mounting inflation and soaring interest rates, millions of Americans face a harsh reality—the inability to sustain exorbitant monthly vehicle payments....
Weekly roundup: CDK Global outage impacts Q2 earnings, New U.S. rules...
Earlier this week: CDK Global outage set to hit AutoNation and Sonic Automotive hardest in Q2 earnings. The U.S. Commerce Department is set to issue...
Mercedes-Benz and Starbucks collaborate on EV charging stations along I-5
Mercedes-Benz and Starbucks have announced a collaboration to install fast electric vehicle chargers at 100 Starbucks locations along Interstate 5, which spans the West...
U.S. Commerce to propose rules on connected vehicles, BMW recalls 1,145...
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...
