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Retail sales

U.S. retail sales see largest growth in two years despite inflation...

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U.S. retail sales rose 3% in January, according to the U.S. Commerce Department, the biggest monthly increase since March of 2021. Analysts had originally expected...
recession

Inflation growth in January surprises analysts, but recession remains uncertain

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Inflation outpaced expectations in January as the consumer price index (CPI) gained 0.5%, but despite the new numbers the recession debate remains unresolved. The CPI...

Tesla workers seek to unionize, Honda and Kia software updates, latest...

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Inside Automotive Roadblocks to racial diversity in automotive retail and how to remove them Although automotive retail is teaming with successful businesspeople from all parts of...
auto sales

Retail sales dipped in December despite small inflation improvements

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Monthly U.S. retail sales dipped 1.1% in December, despite small but noticeable improvements to inflation and pricing. The end of 2022 was a stressful time...
USPS vehicles

USPS vehicles to be electrified by 2028, thanks to Inflation Reduction...

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United States Postal Service vehicles will be partially electrified by 2028, according to a recent press release. The 230,000 USPS vehicles currently in operation have...
EU tax credits, human rights abuses

EU seeks changes to ‘discriminatory’ U.S. Inflation Reduction Act

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The Inflation Reduction Act, which is set to go into effect this January, might make America a global leader in the electric vehicle market...
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EU opposes Inflation Reduction Act, VinFast ships first EVs to U.S.,...

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Inside Automotive: Trade associations warn Ford is undermining the franchise system Many dealers feel that the franchise system is under attack following the announcement of Ford's...
Fed interest rates

The Fed approves another 0.75-point interest rate hike to combat stubbornly...

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The Federal Reserve approved a fourth consecutive three-quarter point hike in interest rates this week and hinted at a likely shift in its monetary...
inflation

US inflation accelerated again in September, rising 8.2%

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The month of September saw inflation accelerate rather than the decline economists hoped to see. Housing costs and the price of other goods increased...

Elon Musk Twitter saga, inflation accelerates in Sept., new Ford R&D...

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Inside Automotive: Glenn Pasch shares automotive marketing insights for modern retailing Disruptive marketing strategies are swiftly emerging as the realities of dealership marketing change more quickly...