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CarMax Q2 earnings fall short, says inflation is shrinking car demand
CarMax saw its stock plummet after an announcement that it missed second-quarter earnings expectations. Shares dropped nearly 25%, marking a new 52-week low. CarMax...
Steve Forbes: Biden Administration ignoring ‘real cure’ for inflation
According to Steve Forbes, chair of Forbes Media, the US is too focused on raising interest rates in an effort to curb inflation and...
Steve Forbes shares insight into inflation, new EV buyer survey
Inside Automotive:
Dealer Alex Casebeer is keeping his eye on the prize despite low vehicle inventory
While new vehicle inventory improved slightly in August, supply is...
Used car prices could indicate what’s next for inflation
According to Wall Street experts, the decline in used car prices could signify that inflation is easing. That’s good news, especially after another interest...
China speaks out against Inflation Reduction Act, GM closes orders for...
Inside Automotive:
How Cox Automotive Mobility is using innovation to improve the EV battery lifecycle — Lea Malloy
Billions are being invested in the design and...
Fed raises interest rates by another 0.75 points to curb US...
In a highly anticipated move, the Federal Reserve raised benchmark interest rates by another three-quarters of a percentage point on Wednesday and indicated that...
Bloomberg’s Kevin Tynan reviews new car supply data, affordability issues, and...
Inventory and pricing data from August is in, and once again, on Inside Automotive, we're joined by Kevin Tynan, Bloomberg Intelligence's Senior Automotive Analyst,...
S. Korean President plans US visit to address Inflation Reduction Act...
South Korean President Yoon Suk-yeol will make his first official trip to the United States this week, and talks about electric vehicle subsidies will...
Ford says it could face $1 billion in extra supplier costs...
Ford Motor Company says it is facing an extra $1 billion in supplier costs in the third quarter, echoing the problem faced by other...
The Fed will likely get more aggressive in tackling inflation this...
A number of recently released reports show a combination of positive and negative outlooks for the economy and labor market, just ahead of another...