TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


Federal Reserve

High rates, high stakes: Scott Dooley on sourcing, selling, and navigating today’s challenges

- November 6, 2024
With auto finance rates remaining stubbornly high despite recent Federal Reserve cuts, independent dealerships like Carbox are feeling the pressure. Scott Dooley, owner of Carbox in Kenosha, Wisconsin, joins us...
On this episode of Inside Automotive, we sit down with Pete MacInnis, CEO of eLEND Solutions, to discuss the Fed's recent interest rate cut

Pete MacInnis on the impact of the Fed’s rate cuts and the future of automotive financing

- October 15, 2024
On this episode of Inside Automotive, we sit down with Pete MacInnis, CEO of eLEND Solutions, to discuss the Federal Reserve’s recent interest rate cut and its implications for the...
interest rates

Fed slashes interest rates, offering relief as inflation eases

- September 18, 2024
The Federal Reserve announced a 50 basis point cut to its benchmark interest rate today, lowering the federal funds rate to a range of 4.75% to 5%. This is the...
The Federal Reserve opted to keep its benchmark rate unchanged during its July meeting, maintaining the target range between 5.25% and 5.5%

Federal Reserve maintains interest rates, keeping vehicle financing costs high

- August 1, 2024
The Federal Reserve opted to keep its benchmark rate unchanged during its July meeting, maintaining the target range between 5.25% and 5.5% to restrict future inflation. This decision, however, continues...
Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders leave its benchmark rate unchanged

Federal Reserve holds interest rates steady, impacting auto loans and dealer sentiment

- June 13, 2024
Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders opted to leave the Fed benchmark rate unchanged. Following the Federal Open Market...
The feds said that "economic activity expanded at a strong pace in the Q3" following policymakers' unanimous decision to keep rates unchanged

Powell: The Federal Reserve leave rates unchanged

- November 2, 2023
The Federal Reserve held interest rates steady on November 1 while policymakers grappled with whether financial conditions would be sufficiently tight enough to contain inflation or if the economy would...
The Feds no longer expect recession policy

Fed maintains interest rates but auto industry still faces economic tension

- September 21, 2023
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 in the future because they are...
inflation interest rates Fed

Fed raises interest rates one more time, indicates hikes could be ending

- March 23, 2023
The Federal Reserve has hiked interest rates once again, this time by 0.25%, but appears poised to discontinue the dis-inflationary tactic. After the last increase in February, Fed Chair Jerome Powell...
interest rates

Federal Reserve slightly raises interest rates, but warns of further increases

- February 6, 2023
The Federal Reserve has again raised interest rates, but this time only by a quarter of a percent to a target range of 4.5% to 4.75%. The announcement marks the eighth...
tax incentive

EV tax incentive delays could work in auto industry’s favor

- December 21, 2022
The U.S. Treasury Department announced it would delay key pieces of its 2023 electric vehicle tax incentive guidelines until March. Originally, the agency aimed to have all relevant regulations published in...


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