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

inflation

Lower energy prices a bright spot in August CPI data, inflation remains high

- September 14, 2022
The Bureau of Labor Statistics released the monthly consumer price index on Tuesday and revealed that inflation increased again in August. Economists predicted a decrease of 0.1% in headline inflation and...
Tom Maoli

New Jersey dealer Tom Maoli on inflation, EVs, interest rates, and more

- September 8, 2022
Welcome to another edition of Inside Automotive with Jim Fitzpatrick. Today, we're pleased to welcome back Tom Maoli, President and CEO of Celebrity Motor Car and host of Go Big...
consumer confidence

Consumer confidence rose in August thanks to moderated gas prices and inflation

- September 1, 2022
Consumer confidence is on the rise following three straight months of declines. The good news is attributed chiefly to declining gas prices and an inflation rate that seems to have...
Jonathan Smoke

Chief Economist Jonathan Smoke breaks down findings from Cox Automotive’s Q2 Dealer Sentiment Index

- August 29, 2022
Cox Automotive released its Q2 Dealer Sentiment Index, which provides a current view of dealer sentiment and looks ahead to the next 90 days. The study reveals that COVID concerns...
Bugatti

Bugatti sold out into 2025 despite rising inflation and economic concerns

- August 26, 2022
It seems rising inflation and economic concerns aren’t slowing the spending habits of the ultra-wealthy in the United States. At least not according to Bugatti Rimac CEO Mate Rimac. “We don’t...
interest rates

Fed raises interest rates 0.75 points for the second time as inflation soars

- July 28, 2022
In an effort to curb rising prices, the Federal Reserve hiked interest rates by another 0.75% Wednesday afternoon, the same amount as its last move in June. Following the announcement, markets surged,...
tax incentive

U.S. weighs option to roll back China tariffs to ease inflation

- July 6, 2022
U.S. Treasury Secretary Janet Yellen and the Senior Economic Official in Beijing, Vice Premier Liu He of China, met earlier this week to discuss ways to decrease inflation and balance...

Consumer spending increases, inflation eases slightly in May

- July 1, 2022
According to a Commerce Department gauge used by the Federal Reserve, the rate of inflation during May was consistent and while it did rise, it was slightly less than expected. Core...
Tom Maoli

Luxury dealer Tom Maoli on economic and industry trends shaping auto retail today

- June 20, 2022
How is the lack of new and used vehicle inventory impacting luxury buyers? To help us answer this question, we're pleased to welcome back Tom Maoli, President and CEO of Celebrity...

Fed raises interest rates by 0.75%, sees more hikes coming down the pipeline

- June 17, 2022
The Federal Reserve is finally stepping in once again to fight inflation and the tumultuous housing market. The Fed raised interest rates by 0.75% on Wednesday, the highest in over...


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