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New data suggests that used electric vehicle prices have fallen nearly 30%, boosting affordability at a critical time for the market.

Electric vehicle affordability on the rise as consumers hunt for deals

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Electric vehicle prices are plummeting in the U.S. due to lower-than-expected demand. New data indicates that this may be exactly what the segment needs. Recurrent,...
BMW sales rose marginally during the first quarter, lifted by strong electric vehicle demand despite a cooldown in pricing.

BMW sales rise in Q1 thanks to strong EV performance

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BMW sales rose slightly in the first quarter thanks to a surge in electric vehicle demand, fueling optimistic expectations for the remainder of the...
Leading up to the settlement, Tesla argued that the driver had been playing a game on his phone before the crash.

Tesla settles Autopilot lawsuit over 2018 crash that killed Apple engineer

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Tesla has settled a highly publicized lawsuit over the death of Apple engineer Walter Huang, who crashed his Model X while using Autopilot in...
Car buyers are returning to the new and used vehicle markets in hopes of finding bargain prices, even though affordability remains sparse.

Buyers flooding the market in hopes of improved affordability

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Buyers are returning to the new and used vehicle markets in hopes of finding a good deal, even as pre-pandemic levels of affordability remain...
New report reveals dampening consumer interest in EVs

New report reveals dampening consumer interest in EVs

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The latest Gallup report sheds light on the current state of the electric vehicle (EV) market, which has led to some automakers scaling back...
In an age dominated by electric propulsion, Cox Automotive's Flying Doctor Program helps solve emergencies while championing sustainability.

Cox Automotive’s Flying Doctor Program: A Beacon of Safety in the...

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In the rapidly expanding world of electric vehicles (EVs), Cox Automotive's innovative 'Flying Doctor Program' has emerged as a pioneering force in ensuring safety,...
Sheldon Sandler joins Driving Solutions to share his tips for navigating the complicated dealership M&A market's new landscape.

The dos and don’ts of dealership M&A, for sellers — Sheldon...

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The dealership M&A (mergers and acquisitions) sector has seen high levels of activity in recent years as the retail automotive industry has adjusted to...
Sean Gardner unpacks strategies for effectively bridging the gap and empowering customers to maximize their car-buying budgets.

How sales teams can outperform the competition and close more deals...

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Inventory management is no longer a major issue for many dealerships. Therefore, one key factor in achieving success today is the ability to outperform...
John Bozzella from The Alliance for Automotive Innovation joins CBT News to discuss the emerging electric vehicle sector.

NY Auto Forum 2024: John Bozzella | President, CEO of The...

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At the 2024 New York Automotive Forum, CBT News anchor Jim Fitzpatrick met with John Bozzella, president and CEO of The Alliance for Automotive...
At the event, Jim Appleton, President of the New Jersey Coalition of Automotive Retailers (CAR), joins to discuss the economic disparities

NY Auto Forum 2024: Jim Appleton | President at NJ CAR

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The New York Auto Forum, hosted by J.D. Power, NADA, and the New York International Show, is an event for automotive industry leaders to...