Fed holds rates steady as auto financing improves for top-tier buyers
The Federal Reserve voted to hold its benchmark interest rate steady for the fifth time this year, keeping it in the range of 4.25% to 4.50%, despite growing political pressure...
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
car business
Mercedes-Benz to halt U.S. EQ delivery, slash pricing amid weak demand
On Wednesday, Mercedes-Benz reported it will pause U.S. deliveries of its EQ electric vehicle lineup and reduce prices on several EQ models due to slowing demand and excess inventory at...
Why tech-literate teams will thrive in AI-driven dealerships
As artificial intelligence (AI) rapidly reshapes the automotive retail landscape, President and founder of eDealer Solutions, Jen Suzuki, urges dealership leaders to embrace digital transformation, not just with tools, but...
Porsche Taycan wins Car and Driver EV of the Year award
Atlanta., July 29, 2025 (GLOBE NEWSWIRE) -- The Porsche Taycan model range has been selected as the EV of the Year for 2025 by Car and Driver magazine. The 2025 Car...
Fullerton Auto Group sells NJ Operations to Performance Auto Group
Fullerton Auto Group in Somerville, NJ, sold its multi-franchise operation to Performance Auto Group. Haig Partners served as the exclusive sell-side advisor.
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Chesrown Automotive enters Sidney, OH market with Germain Dealership acquisition
Chesrown Automotive, led by the Gill family, acquired three Germain Motor Company dealerships and rebranded them in early June.
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Cox Automotive signs intent to acquire Bel Air and Tallahassee Auto Auctions from BSC America
ATLANTA – July 29, 2025 – Cox Automotive has signed an agreement with BSC America (BSC) indicating the intent to acquire its Bel Air Auto Auction near Baltimore, Maryland and Tallahassee...
Graff Family of Dealerships acquires final five Bosak stores in Indiana
Bosak Auto Group, a third-generation dealer in northwest Indiana, exited the auto retail business after selling nine stores. Graff Family of Dealerships acquired five rooftops, while Victory Automotive Group acquired...
Toyota posts record first-half 2025 sales as hybrid demand offsets tariff impact
Toyota Motor Corp. reported record global sales for the first half of 2025, driven by robust demand for hybrid vehicles in core markets like the U.S., Japan, and China. The...
EPA targets emissions rule rollback, Tesla signs $4.3B LG battery deal, luxury brands hit by $889M in tariffs
Top Stories
EPA proposes rescinding key climate change rule, challenging auto emission standards. Read More
Tesla signs $4.3B battery deal with LG Energy, Reuters reports. Read More
Luxury automakers face $889M hit from...
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