Tag: market trends
The evolution of auto consumer finances in the wake of economic...
With a possible recession on the horizon for the U.S., it is more important than ever for dealers to understand the status of consumer...
Hyundai and Kia post record-breaking February sales
In separate monthly reports, automakers Hyundai and Kia posted record-breaking sales numbers for February, reaching a combined total of 117,903 units.
Hyundai sold 57,044 units...
S&P Global Mobility acquires Market Scan to boost digital retailing portfolio
Automotive analytics firm S&P Global Mobility recently announced the acquisition of digital retailing platform Market Scan. On this episode of Inside Automotive the Managing...
Secretary Yellen says foreign car brands may be able to qualify...
U.S. Treasury Secretary Yellen said that free trade agreements may give overseas automakers a way to earn electric vehicle tax credits without an act...
Cox Auto expecting new light vehicle sales to grow 4% in...
In its February forecast, Cox Automotive revealed expectations for new light vehicle sales to grow 3.9% from January and 4% from the same time...
Second year of growth in U.S. dealership count, franchises dip slightly
According to research by auto marketing company Urban Science, the number of U.S. dealerships grew for the second consecutive year, despite a slight decline...
Stellantis posts $17.9 billion net profit, promises $14,760 employee payout
Global automaker Stellantis revealed a record-breaking year for net profit, and nearly $15,000 per qualifying employee in profit-shares.
The brand, a result of a 2021...
Automotive tech innovations present new opportunities for M&A — Steve Greenfield
Dealers want to be sure they are making the right investments for their business, which is why on this episode of CBT Now anchor...
How much should legacy automakers worry about smaller startups in the...
Will automaker newcomers like Rivian disrupt the industry, or will they go the way of most tech startups and disappear in a few years?...
Used EV prices fell in January in response to $4,000 tax...
Used electric vehicle values continued to decline in January, as sellers lowered their prices to accommodate tax credit eligibility requirements set in the Biden...