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2024 automotive investment outlook: steady growth despite election and economic uncertainty
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent automotive and mobility...
U.S. Senate candidate Bernie Moreno on economic, social policies and electric...
Welcome to another edition of the CBT News original series Inside Automotive. Today, we're joined by United States Senate candidate and former dealer principal,...
Rivian’s CEO RJ Scaringe becomes chief product officer, replacing Nick Kalayjian
Rivian announced on November 20 that CEO RJ Scaringe would take direct control of all product development, effective immediately, as the electric vehicle manufacturer...
Rivian trims losses in Q3 and boosts production targets
EV manufacturer, Rivian reported its third-quarter results beat Wall Street expectations and offered an improved outlook, which includes an increase in its annual production...
Affordable car prices, wage growth negate rate hikes in September
Car buyers enjoyed a more affordable new vehicle market in September in spite of rising interest rates and economic headwinds.
According to Cox Automotive's monthly...
Strong Q3 performance for auto sales defies economic challenges – Cox...
According to an estimate by Cox Automotive, the robust year-over-year sales recovery continued in the third quarter. Despite rising interest rates on new-vehicle loans...
GM and Stellantis layoffs, new UAW proposal, Fed skips rate hike
Inside Automotive
Why Michigan dealers and OEMs are growing together not apart — Eddie Hall III | NAMAD
Michigan dealers have the honor of working within...
Fed maintains interest rates but auto industry still faces economic tension
As anticipated, the Federal Reserve maintained rates regarding the declared short-term rate policy. However, they also clarified that there may be more rate increases...
Why auto industry trendsetters are focused on these 3 things
The 19th-century proverb, “The more things change, the more they stay the same,” couldn’t be more appropriate for today’s car dealers. People still purchase...
Access to auto loans declines over May, credit tightening continues
Auto loan availability dropped to a two-year low in May under restrictive lending standards as consumers struggled to obtain financing for their vehicle purchases.
According...
