Tag: automotive industry insights
Ford may increase prices if auto tariffs continue
Ford Motor Company may increase prices on new vehicles if President Donald Trump's auto tariffs continue. A memo sent to dealers on Wednesday, reviewed...
Hyundai will hold prices steady and ‘sell like hell’ despite tariff...
Hyundai and Genesis Motor North America CEO Randy Parker is confident that the company will maintain its winning streak despite the tariff turmoil that's...
Erin Kerrigan breaks down current trends in the buy-sell market
In today's episode of CBT Now, we're joined by Erin Kerrigan, founder and managing director of Kerrigan Advisors, to discuss current market trends in...
Auto stocks dip after Barclays downgrades U.S. auto and mobility sector
Barclays downgraded the U.S. auto and mobility sector from "neutral" to "negative" on Tuesday, sending several auto stocks lower in premarket trading. The downgrade...
New-vehicle affordability hits 45-month high in March
March 2025 marked the best new-vehicle affordability level in 45 months, according to the Cox Automotive/Moody's Analytics Vehicle Affordability Index. While affordability has remained...
Mercedes-Benz USA appoints Adam Chamberlain as new CEO
Mercedes-Benz has announced a major shift in leadership in its North American operations. Effective July 1, Adam Chamberlain will take over as CEO of...
GM CEO Mary Barra tops Detroit executive pay with $29.5M compensation...
General Motors CEO Mary Barra earned $29.5 million in total compensation in 2024, a 6% increase from the previous year, after meeting key performance...
U.S. launches national security probe into semiconductor imports
The U.S. Commerce Department has launched a Section 232 investigation into semiconductor imports. Commerce Secretary Howard Lutnick will lead the probe and assess national...
U.S. used-vehicle inventory declines as prices rise amid strong sales
According to the latest vAuto Live Market View data, at the start of April, used-vehicle inventory levels declined month-over-month and compared to last year....
U.S. electric vehicle sales surge despite Tesla’s decline
The U.S. electric vehicle (EV) market saw significant gains in Q1 2025, growing by 11.4% year-over-year, according to the latest data from Kelley Blue...
