Tag: automotive industry trends
How dealers can capitalize on service and parts revenue
Hyper-Drive Service Strategies for Today's Dealerships
Being a forward-thinking dealer is not enough in today’s hyper-fast service and parts operations. While fixed operations have always...
Charlie Chesbrough discusses current trends in the auto market
In today’s episode of Inside Automotive, Charlie Chesbrough, senior economist at Cox Automotive, joins us to break down January’s auto sales data and what...
Toyota recalls 106K Tacoma Trucks over brake hose safety issue
Japanese automaker Toyota is recalling approximately 106,000 2024-2025 Tacoma 4-wheel-drive vehicles in North America due to a potential safety issue with the rear brake hoses. The...
Wholesale used-vehicle market sees slight price increases in January
According to the latest data from Cox Automotive, wholesale used-vehicle prices saw a slight uptick of 0.4% in January compared to December. The Manheim...
SparkServ’s AI-driven platform wins Automotive Ventures investment
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Dave Cantin Group’s 2025 Market Outlook Report Forecasts that U.S. Has...
Top findings in DCG’s leading semiannual report, produced in partnership with Kaiser Associates, include:
The market for trucks in the U.S. has peaked
Hybrid...
New-vehicle prices hit near-record highs as luxury and EV sales surge
According to the latest data from Cox Automotive's Kelley Blue Book, the average new-vehicle prices continued to climb for the fourth consecutive month, with...
Biden-Harris administration allocates $635M in EV charging grants
With less than a week until President-elect Donald Trump assumes office, the Biden-Harris administration awarded $635 million in electric vehicle (EV) charging grants. This...
Stellantis successfully cuts U.S. inventory by over 100,000 vehicles
According to Antonio Filosa, Stellantis's North American chief, he recently revealed that the automaker has successfully reduced its U.S. inventory by more than 100,000...
GM and TWG Motorsports launch powertrain development for Cadillac’s Formula 1...
General Motors and TWG Motorsports have joined forces to develop cutting-edge powertrains for the Cadillac's Foruma 1 team, marking a significant milestone in the...
