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According to the Dealertrack Credit Availability Index, auto credit availability in the U.S. fell for the fourth consecutive month in July.

Auto credit availability declines for fourth straight month as lenders tighten...

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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...
So, how can dealerships empower their service teams to drive customer satisfaction and retention? Let’s review strategies.

Empowering dealership service teams to drive customer satisfaction post-sale

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Is sealing the deal and making that sale the endgame? Think again. Today, the real battle for customer loyalty starts after the car leaves...
In 2024, franchised car dealerships face challenges due to economic uncertainties, consumer behaviors, and rapid technological advancements.

Practical ways to boost sales

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In 2024, franchised new car dealerships face many challenges to their operations. The automotive sales landscape is more competitive than ever, from economic uncertainties...
BMW's key automotive unit reported slightly lower-than-forecast profitability in the second quarter, impacted by competition in China

BMW’s Q2 profitability slightly below expectations amid intense competition in China

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BMW's key automotive unit reported slightly lower-than-forecast profitability in the second quarter, impacted by heightened competition and weaker consumer sentiment in China. The German...
Automakers are adjusting their strategies in response to cooling EV sales growth, high vehicle prices, and uncertain political outcomes.

Automakers pivot strategies amid cooling EV enthusiasm and market challenges

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Automakers are adjusting their strategies in response to cooling electric vehicle (EV) sales growth, high vehicle prices, and uncertain political outcomes. This shift significantly...
Join us for an exclusive update on the booming buy-sell market from Erin Kerrigan, founder and managing director of Kerrigan Advisors.

Erin Kerrigan reveals record-breaking activity in the buy-sell market

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In today's episode of Driving Solutions, we're thrilled to have Erin Kerrigan, founder and managing director of Kerrigan Advisors, join us for an exclusive...
Stellantis reported a decline in first-half net profit, attributed to reduced volumes, temporary production gaps, and lower market share

Stellantis reports a steep decline in first-half profits amid production and...

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Auto giant Stellantis reported a significant decline in first-half net profit, attributed to reduced volumes, temporary production gaps, and lower market share in North...
According to a Cox Automotive analysis of vAuto data, used vehicle inventory levels at the start of July were lower than in June

Used vehicle inventory falls as DMS outage disrupts sales

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According to a Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of July were lower than in...
Ben Keating is joining us on the latest episode of Inside Automotive with an update on post-hurricane operations. 

Ben Keating reveals recovery and resilience post-hurricane and CDK outage

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Earlier this month, Hurricane Beryl made its way to the city of Houston and surrounding areas causing death, damage, and left many residents without...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

Are electric vehicles the future of planned obsolescence in the automotive...

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Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...