What the Fed’s rate hike means for car buyers and your F&I office
On the Dash:
The Fed raised rates a quarter point to 3.75% to 4%, its first hike since 2023.
Most Fed officials project at least one more rate increase before...
TSLA357.640-9.51988%
GM83.7200.67%
F12.1720.122%
RIVN12.865-0.085%
CYD26.6500.08%
HMC34.0700.62%
TM193.0204.4199%
CVNA60.1202.16%
PAG211.12016.33%
LAD301.19019.7%
AN162.5209.33%
GPI244.82016.45%
ABG174.09012.12%
SAH65.5805.53%
TSLA357.640-9.51988%
GM83.7200.67%
F12.1720.122%
RIVN12.865-0.085%
CYD26.6500.08%
HMC34.0700.62%
TM193.0204.4199%
CVNA60.1202.16%
PAG211.12016.33%
LAD301.19019.7%
AN162.5209.33%
GPI244.82016.45%
ABG174.09012.12%
SAH65.5805.53%
TSLA357.640-9.51988%
GM83.7200.67%
F12.1720.122%
RIVN12.865-0.085%
CYD26.6500.08%
HMC34.0700.62%
TM193.0204.4199%
CVNA60.1202.16%
PAG211.12016.33%
LAD301.19019.7%
AN162.5209.33%
GPI244.82016.45%
ABG174.09012.12%
SAH65.5805.53%
auto industry news
CarJiffy helps Carhub sell $2.9 million in vehicles online after hours
Car shoppers do much of their browsing long after most showrooms are closed. Most dealer websites let them view inventory and estimate a payment, but then ask them to wait...
Former Chick-Fil-A VP on finding, hiring and keeping great talent
Many dealers fill open positions as quickly as they can, especially when good applicants are hard to find. The dealerships that pull ahead take more care in choosing their people...
Canadian dealer Glen Trafford talks tariffs, tight inventory and a record year
Canadian dealers are working through a new round of cross-border tariffs while still looking for ways to grow sales and service. On today's CBT Live segment, we're joined by Glen Trafford, General...
Copart to acquire ACV, expanding position across the vehicle remarketing ecosystem
DALLAS & BUFFALO, N.Y.--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT), a global leader in online vehicle auctions, and ACV (NYSE: ACVA), a leading digital automotive marketplace and data services partner for dealers...
New and used EV sales jump as prices fall
On the Dash:
New EV inventory ended August two days above gas-powered vehicles, the closest spread this year.
Used EV sales jumped 25.9% from July as off-lease returns expanded supply.
...
Audi bets big on EV lease buyout incentives, $500 bonuses for dealers
On the Dash:
Audi is offering e-tron lessees up to $10,000 off buyouts through Sept. 30, plus $500 per deal to dealers.
Buyout incentives help automakers limit off-lease EV returns...
How Lasco Ford rode Ford Blue Advantage to CPO success
Certified pre-owned vehicles are carrying more weight as affordability pushes longtime new car buyers toward other options. On today's episode of CBT Live, Jay Lasco, Dealer Partner at Lasco Ford and...
Service scheduling improves industry-wide, Volkswagen dealers lead the pack
On the Dash:
Every brand in the study improved its service scheduling score, lifting the industry average 7 points
Volkswagen ranked first overall, Volvo second, with Acura, BMW, Mazda and...
Hyundai moves toward autonomous driving, partners with Nvidia on 2028 driver-assist system
On the Dash:
Nvidia-based Level 2+ systems arrive in early 2028, with Hyundai's own Atria AI in 2029.
Level 2+ and Level 2++ stay supervised, so drivers remain responsible for...
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