TSLA394.060-8.84%
GM76.2400.21%
F13.490-0.07%
RIVN16.6600.17%
CYD47.0800.29%
HMC27.730-0.77%
TM177.150-2.28%
CVNA66.370-1.12%
PAG182.520-2.45%
LAD302.910-8.78%
AN187.650-4.03%
GPI294.640-1.83%
ABG204.750-3.99%
SAH88.0100.75%
TSLA394.060-8.84%
GM76.2400.21%
F13.490-0.07%
RIVN16.6600.17%
CYD47.0800.29%
HMC27.730-0.77%
TM177.150-2.28%
CVNA66.370-1.12%
PAG182.520-2.45%
LAD302.910-8.78%
AN187.650-4.03%
GPI294.640-1.83%
ABG204.750-3.99%
SAH88.0100.75%
TSLA394.060-8.84%
GM76.2400.21%
F13.490-0.07%
RIVN16.6600.17%
CYD47.0800.29%
HMC27.730-0.77%
TM177.150-2.28%
CVNA66.370-1.12%
PAG182.520-2.45%
LAD302.910-8.78%
AN187.650-4.03%
GPI294.640-1.83%
ABG204.750-3.99%
SAH88.0100.75%

Feds cuts rates again, Ford and SK On end joint venture, Auto loans approval rates rise

Top Stories

Federal Reserve lowers rates to 3.5–3.75%, limits relief for car buyers. Read More

Ford, SK On end US battery joint venture amid EV slowdown. Read More

Auto loan approval rates rise as Dealertrack credit index reaches 99.1. Read More

TransUnion forecasts moderate credit card growth and steady delinquency rates in 2026. Read More

Featured Interviews 

KerriganDealers see record buy-sell activity as luxury demand, AI adoption reshapes the market – Erin Kerrigan | Kerrigan Advisors
Dealership transactions are on track for a record year in 2025, fueled by robust buyer cash reserves, declining interest rates, and high demand in both luxury and ultra-luxury markets. On the latest episode of Driving Solutions, Erin Kerrigan, founder and managing director of Kerrigan Advisors, joins us to break down the company’s recent findings. Watch the full segment here

Paul Brown shares three techniques to alleviate customers' anxiety in the F&I department3 winning strategies to turn F&I anxiety into a positive experience
Buying a new car is an exciting experience for customers—that is, until they enter the F&I department. On today’s episode of F&I Today, Paul Brown, vice president of Ascent Dealer Services, shares insights into customer psychology and techniques to enhance the customer experience and boost CSI scores. Watch the full segment here.

More from Daily Automotive News
KKS Automotive continues growth along East Coast

KKS Automotive continues growth along East Coast

- July 7, 2026
KKS Automotive acquired Crossroads Ford of Prince George in Prince George, Virginia, from Crossroads Automotive Group in a transaction that closed on June 16, 2026. The dealership has been renamed...
Dave Cantin Group pairs athletes and dealers for a winning team

Dave Cantin Group pairs athletes and dealers for a winning team

- July 7, 2026
Professional athletes are increasingly looking past endorsement deals and building real ownership positions in businesses, including car dealerships. Therefore, the Dave Cantin Group (DCG) has responded by launching DCG Athlete Investment Services,...
The CEO behind America's AI camera network calls transparency activists 'terroristic'

The CEO behind America’s AI camera network calls transparency activists ‘terroristic’

- July 7, 2026
For years, Americans have been told not to worry about the explosion of AI surveillance cameras. They're only looking for stolen cars. They're only helping solve crimes. If you're not...
Cannon Motor Co. expands with two Montgomery dealerships

Cannon Motor Co. expands with two Montgomery dealerships

- July 6, 2026
Cannon Motor Co. acquired McConnell Honda and McConnell Acura in Montgomery, Alabama, from Forrest McConnell and William McConnell in a transaction that closed in June 2026. The dealerships have been...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.