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Inflation Reduction Act

Senate passes Inflation Reduction Act, expands EV tax credits with conditions

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Controversial news for the electric vehicle industry and automakers as the Senate passed a slimmed-down version of the Inflation Reduction Act. The bill now...
On this episode of Inside Automotive, we sit down with Pete MacInnis, CEO of eLEND Solutions, to discuss the Fed's recent interest rate cut

Pete MacInnis on the impact of the Fed’s rate cuts and...

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On this episode of Inside Automotive, we sit down with Pete MacInnis, CEO of eLEND Solutions, to discuss the Federal Reserve’s recent interest rate...
During Tuesday's vice presidential debate, JD Vance and Tim Walz sparred over clean energy policy and manufacturing jobs.

Vance and Walz debate clean energy, manufacturing, and U.S. competitiveness in...

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During Tuesday's vice presidential debate, Republican Sen. JD Vance and Democratic Gov. Tim Walz sparred over clean energy policy and manufacturing jobs, laying out...
interest rates

Fed slashes interest rates, offering relief as inflation eases

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The Federal Reserve announced a 50 basis point cut to its benchmark interest rate today, lowering the federal funds rate to a range of...
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...
Automakers have started the process of re-evaluating which models qualify for the full electric vehicle tax credit following new regulations.

GM, Tesla react to Biden Admin’s new EV tax credit rules

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Last week, the Biden Administration announced new electric vehicle tax credit guidelines, causing U.S. automakers to re-evaluate which models will qualify for the government's...

Automotive lobbyists target EPA, Q2 car sales, Michigan residents sue over...

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CBT Now Leading dealership teams through uncertainty — Meridith Elliott Powell In recent years, dealership teams have undergone significant changes and uncertainty from inventory, inflation costs,...
Stellantis is pondering more electric vehicle battery facilities in North America, in addition to the two it currently owns

Stellantis considering even more U.S. EV battery factories

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Stellantis is pondering more electric vehicle battery facilities in North America, in addition to the two it currently owns in the U.S. and Canada. Speaking...
Lucid

Lucid sales and manufacturing stumble in Q1, brand recognition an issue

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Electric vehicle brand Lucid revealed its quarterly production and sales numbers, shedding light on the automaker's struggle to build a following. On Thursday, the automaker...

Average transaction prices drop, EPA introduces emissions proposal, Mercedes sales improve

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Inside Automotive Playing the long-game with CDPs and unified data - Aaron Baldwin | automotiveMastermind On the last episode of Auto Marketing Now, we discussed the...