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Inflation Reduction Act South Korea

S. Korean President plans US visit to address Inflation Reduction Act...

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South Korean President Yoon Suk-yeol will make his first official trip to the United States this week, and talks about electric vehicle subsidies will...

Ford supplier costs, Tesla Optimus robot, S. Korean President visits Biden

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Inside Automotive: Bloomberg's Kevin Tynan reviews new car supply data, affordability issues, and inflation Inventory and pricing data from August is in, and once again, on...
legacy automakers

Legacy automakers aim to grab more EV market share from Tesla

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Tesla is still number one in the electric vehicle segment, but legacy automakers like Ford and Hyundai are working hard to change that. With...

CBT automotive newscast: September 14, 2022

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Inside Automotive: Is now the time to switch your dealership to a one-person sales model? Changing consumer expectations and behaviors continue to drive many of the...
car prices

Average new car prices increase again in August, setting new record

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Kelley Blue Book released updated data on Monday, showing that new car prices increased in August for the fifth month and set another record...

CBT automotive newscast: September 2, 2022

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Inside Automotive: How service managers can drive profits and keep customer service intact during busy times Welcome to another edition of Inside Automotive with anchor Jim...
automotive

CBT automotive newscast: August 25, 2022

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 Inside Automotive: Dealer Andy Wright weighs in on OEM direct-to-consumer selling models We are hearing even more buzz surrounding the direct-to-consumer model that EV makers and...
certified pre-owned sales

Used car supply and certified pre-owned sales remain stable in July

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According to Cox Automotive data, used vehicle inventory held steady from June to July, while sales and prices saw an increase toward the end of the month. The...

CBT automotive newscast: August 16, 2022

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Inside Automotive: How general manager Eddy Allen fosters an outstanding customer experience despite low inventory Like many other car dealers in retail automotive today, Eddy Allen,...

Average transaction price for new car sales increases $139 for a...

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New data released by Cox Automotive's Kelley Blue Book shows the average transaction price, or ATP, for a new vehicle in the US in July was higher than the...