Fed slashes interest rates, offering relief as inflation eases
The Federal Reserve announced a 50 basis point cut to its benchmark interest rate today, lowering the federal funds rate to a range of 4.75% to 5%. This is the...
TSLA336.870-2.43%
GM83.710-0.66%
F13.945-0.1%
RIVN14.780-0.09%
CYD45.630-0.8%
HMC31.9500.05%
TM188.250-0.93%
CVNA65.000-5.09%
PAG216.210-1.74%
LAD356.550-12.97%
AN196.900-8.06%
GPI250.010-9.67%
ABG203.940-4.6%
SAH77.310-2.95%
TSLA336.870-2.43%
GM83.710-0.66%
F13.945-0.1%
RIVN14.780-0.09%
CYD45.630-0.8%
HMC31.9500.05%
TM188.250-0.93%
CVNA65.000-5.09%
PAG216.210-1.74%
LAD356.550-12.97%
AN196.900-8.06%
GPI250.010-9.67%
ABG203.940-4.6%
SAH77.310-2.95%
TSLA336.870-2.43%
GM83.710-0.66%
F13.945-0.1%
RIVN14.780-0.09%
CYD45.630-0.8%
HMC31.9500.05%
TM188.250-0.93%
CVNA65.000-5.09%
PAG216.210-1.74%
LAD356.550-12.97%
AN196.900-8.06%
GPI250.010-9.67%
ABG203.940-4.6%
SAH77.310-2.95%
Articles
GM launches adapter for Tesla Supercharger access, expanding EV charging options
Starting today, General Motors (GM) is making a major move to expand charging options for its electric vehicle (EV) customers. GM EV owners can now purchase a North American Charging...
Wireless charging technology for EVs gains momentum with new SAE standard
The development of wireless charging technology for electric vehicles (EVs) is accelerating, bringing the prospect of eliminating plug-in chargers closer to reality. This advancement could significantly change how EV owners...
Volkswagen, Audi dealers sue over warranty policy
Volkswagen and Audi dealers in Illinois are suing Volkswagen Group of America over a new policy that recoups warranty-related costs from dealerships. The dispute centers on the automaker’s response to...
Apple’s iOS 18 brings major updates to CarPlay
Apple’s latest mobile operating system, iOS 18, launched on Monday, introduces new features for both iPhones and Apple CarPlay. Among the most significant updates are improvements to Siri and accessibility,...
Decoding the decline in used car prices and what’s next for the market
Once a booming segment during the pandemic, the used car market is experiencing a substantial price dip. Understanding the factors behind this decline and anticipating when the market might rebound...
UAW workers strike at Eaton Aerospace over retirement, wages, and health care dispute
More than 500 UAW-represented workers at Eaton Aerospace in Jackson, Michigan, walked off the job on Monday, Sept. 16, 2024, following months of failed contract negotiations. The strike comes after...
Tesla unleashes new financing incentives to boost end-of-quarter sales
Tesla is ramping up its sales efforts with aggressive financing incentives as part of its routine end-of-quarter push. In a bid to boost deliveries and reduce inventory, the automaker has...
August retail used-vehicle sales surge, highest since October 2021
Retail used-vehicle sales in August saw an impressive 8% month-over-month gain, according to Cox Automotive’s vAuto Live Market View data estimates. This increase pushed retail sales to their highest level...
Dave Cantin Group Announces Biltmore Automotive Services’ Acquisition of DCG’s Capital and Ownership Accelerator Program Lines of Business
NEW YORK, Sept. 16, 2024 – The Dave Cantin Group, a leading mergers and acquisitions advisory company to retail automotive groups and their owners, today announced that Biltmore Automotive Services...
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