Tag: interest rates
Rivian confirms at least 800 layoffs, shifts focus to accelerating production
Amy Mast, a spokesperson for Rivian Automotive, has confirmed in an email that at least 6% or 800 out of 14,000 of its employees will be...
Fed raises interest rates 0.75 points for the second time as...
In an effort to curb rising prices, the Federal Reserve hiked interest rates by another 0.75% Wednesday afternoon, the same amount as its last move in...
Edmunds’ Jessica Caldwell shares update on inventory shortages, interest rates, and...
Back in 2020, the automotive industry started experiencing supply chain delays that continue to impact the market today. On this edition of Inside Automotive,...
Fed raises interest rates by 0.75%, sees more hikes coming down...
The Federal Reserve is finally stepping in once again to fight inflation and the tumultuous housing market. The Fed raised interest rates by 0.75%...
Buy/Sell transactions skyrocketed in 2021 indicating more consolidation ahead
On this edition of Inside Automotive, we’re pleased to welcome back Erin Kerrigan, Founder, and Managing Director of Kerrigan Advisors. Today Kerrigan walks us...
U.S. mortgage market signals a cooldown in purchasing, but what about...
The cost of financing a home purchase has risen substantially since the start of the year, throwing water on a blazing-hot housing market. Interest...
High gas prices lead to greater EV awareness, used car payments...
As gas prices continue to climb, more shoppers are turning their attention to EVs, according to Edmunds. Today on inside Automotive, we’re pleased to...
How customer budget restraints affect your car dealership’s inventory and lead...
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for...
Social media marketing for car dealers: What is different in 2022?
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for...
Pop goes the used car market bubble? Lucky Lopez weighs in.
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for...
