Tag: new-car sales

In July, wholesale used-vehicle prices increased, with the Manheim Used Vehicle Value Index (MUVVI) climbing to 201.6, marking a 2.8% rise from June. Despite...

Mercedes-Benz Group has revised its profitability target for the year, citing challenges in the Chinese market and ongoing trade tensions. However, the company predicts...

According to the Cox Automotive/Moody’s Analytics Affordability Index, new vehicle affordability experienced a slight decline in June. Dealers and manufacturers were less aggressive with...

As cities expand and urban living becomes the norm, dealerships must adapt to the changing mobility needs. Urbanization brings unique challenges and opportunities, from...

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: CDK Global announced the successful launch of a small initial test group of dealers on its new dealer management system. The CEO...

May is traditionally one of the strongest months of the year and often sets the pace for summer sales. In today's episode of Inside...

In March 2024, new car sales are poised to make a big leap. Analysts forecast 1,525,700 units sold, a 12.1% increase from the previous...

In a gesture of transparency, I confess that I own one of Audi's quickest sedans. The truth is that I'm biased toward sedans, sportbacks,...

As the automotive retail industry settles into 2024, there's cautious optimism about returning to 'near-normal' vehicle inventory levels. This is a welcome change from...