TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%


inflation

According to the U.S. Commerce Department, sales rose 0.3% rise from April to May, driven by stronger retail sales at auto and parts dealers.

Retail sales rose 0.3% in May, beating analyst expectations

- June 15, 2023
Despite the challenges posed by persistent inflation and rising borrowing costs, Americans increased their spending at retailers in the month of May. According to the latest U.S. Commerce Department report released...
Federal Reserve inflation

Is the Federal Reserve winning in the battle against inflation?

- March 3, 2023
This year, two indicators of U.S. inflation are likely to diverge, with one indicating that the Federal Reserve's job is almost complete and the other indicating the opposite. Investors are currently...
Kelleher economic challenges

Why this dealer expects the industry to adjust to economic challenges ahead

- February 21, 2023
As the year progresses, auto dealers will need to monitor and adjust their business practices to fit the modern landscape. On this episode of CBT Now, David Kelleher, President of...
Retail sales

U.S. retail sales see largest growth in two years despite inflation concerns

- February 16, 2023
U.S. retail sales rose 3% in January, according to the U.S. Commerce Department, the biggest monthly increase since March of 2021. Analysts had originally expected U.S. retail sales to climb 1.8%...
inflation

US inflation accelerated again in September, rising 8.2%

- October 17, 2022
The month of September saw inflation accelerate rather than the decline economists hoped to see. Housing costs and the price of other goods increased over the month, likely cementing the...
CarMax

CarMax Q2 earnings fall short, says inflation is shrinking car demand

- October 3, 2022
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 shares are now down almost 50%...
Forbes

Steve Forbes: Biden Administration ignoring ‘real cure’ for inflation

- September 27, 2022
According to Steve Forbes, chair of Forbes Media, the US is too focused on raising interest rates in an effort to curb inflation and should be paying more attention to...
used car prices

Used car prices could indicate what’s next for inflation

- September 26, 2022
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 rate increase from the Federal Reserve,...
inflation interest rates Fed

The Fed will likely get more aggressive in tackling inflation this week

- September 19, 2022
A number of recently released reports show a combination of positive and negative outlooks for the economy and labor market, just ahead of another likely interest rate hike from the...
Ray Dalio

Billionaire investor Ray Dalio predicts recession, high interest rates

- September 16, 2022
Ray Dalio, a prominent investor, and Bridgewater Associates founder, shared his opinion about inflation, falling stock prices, and future interest rate increases on social media this week. According to Dalio,...


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