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In May, wholesale used-vehicle prices experienced a notable decrease, which fell to 197.3, marking a 12.1% drop from last year.

May sees a decline in wholesale used-vehicle prices amid seasonal trends

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In May, wholesale used-vehicle prices experienced a notable decrease, according to the Manheim Used Vehicle Value Index (MUVVI), which fell to 197.3, marking a...
Joining us on the latest episode of Inside Automotive is Ted Smith, President of the Florida Automobile Dealers Association.

FADA President Ted Smith discusses challenges and advocacy efforts for 2024-2025

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As you know, dealer state associations tirelessly advocate for their members. In response to recent challenges to franchise laws, the Florida Automobile Dealers Association...
The automotive marketplace constantly evolves, and one of the most crucial aspects of a dealership's success is its service drive.

How a new car dealership service drive can dominate: Key areas...

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The automotive marketplace constantly evolves, and franchised new car dealerships must adapt to stay competitive. One of the most crucial aspects of a dealership's...
Chevy Blazer EV leases now offer unprecedented value for shoppers

Chevy Blazer EV leases now offer unprecedented value for shoppers

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Chevy Blazer shoppers have a compelling reason to consider upgrading to the new 2024 Chevy Blazer EV this month. Based on dealer incentive bulletins,...
Rivian unveiled redesigned versions of its all-electric R1 pickup and SUV models, the R1T and R1S, featuring improved range.

Rivian redesigns R1 models to enhance range, performance, and computing power

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Rivian has unveiled redesigned versions of its all-electric R1 pickup and SUV models, the R1T and R1S, featuring improved range, performance, and computing power...
Hertz Global has put 20,000 electric vehicles from its global fleet, including nearly a third of its existing EV inventory, up for sale.

Hertz sells Tesla’s fleet amid the slowing EV market

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Hertz Global Holdings has put 20,000 electric vehicles from its global fleet, including nearly a third of its existing EV inventory, up for sale....
Hybrids are taking center stage. In today's episode of Inside Automotive, we’re joined by Tom Kondrat, to share the latest Urban Science study

How the surge in hybrids reflects the growing consumer interest in...

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Hybrids are taking center stage. In fact, according to Urban Science, HEV sales surged the most among all electrified powertrains. In today's episode of...
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

Legacy automakers struggle with EV transition, hybrids offer profitability amid uncertainty

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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...

Weekly roundup: Sen Joe Manchin urges U.S. companies to sue Treasury,...

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Earlier this week: Senator Joe Machin urges U.S. companies to sue the treasury over the clean energy tax credit. Ford restores its historic Detriot...
One effective technique for service advisors is assumptive communication, which can significantly enhance customer responsiveness.

The Importance of Assumptive Communication in Automotive Dealerships

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In the fast-paced, exciting world of automotive service, the role of service advisors is crucial! They bridge the gap between technical solutions and customer...