Tag: automotive industry

Volkswagen’s already struggling finances took another hit as it reported a 42% drop in third-quarter profits, reaching a three-year low. This economic blow came...

The automotive industry has become a centerpiece in the 2024 presidential election, with Michigan, the heartland of U.S. auto manufacturing and home to over...

Penske Automotive Group reported a 14% drop in net income in Q3 due to the BMW recall and rising interest costs. Penske, a diverse...

With a staggering increase in Americans using the internet as their first step in their hunt for a new vehicle, BDCs are proving to...

In a market where consumers stay longer in the sales funnel, April Simmons, Corporate Internet and Marketing Director at Horne Auto Group is reshaping...

Fall is here, which means the model-year changeover is upon us—and dealers will be looking to move current inventory off their lots to make...

As the automotive market undergoes significant transformations, affordability remains a critical issue for consumers. However, emerging trends in leasing and cash transactions offer a...

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

Earlier this week: GM surpassed Wall Street Expectations with robust Q3 earnings. The U.S. electric vehicle market sees record growth as EV sales hit...

In today’s competitive automotive market, selling your dealership can be daunting, whether you're planning to retire, shift industries, or capitalize on favorable market conditions....