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Mercedes-Benz Group has revised its profitability target for the year, citing challenges in the Chinese market and ongoing trade tensions.

Mercedes-Benz lowers profitability target amid tough Chinese market and trade tensions

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Mercedes-Benz Group has revised its profitability target for the year, citing challenges in the Chinese market and ongoing trade tensions. However, the company predicts...
According to the Cox Automotive/Moody’s Analytics Affordability Index, new vehicle affordability experienced a slight decline in June.

New vehicle affordability sees slight decline in June despite rising incomes

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According to the Cox Automotive/Moody’s Analytics Affordability Index, new vehicle affordability experienced a slight decline in June. Dealers and manufacturers were less aggressive with...
As cities expand dealerships must adapt to the changing mobility needs- Urbanization has led to changing preferences in vehicle ownership.

The impact of urbanization on dealerships

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As cities expand and urban living becomes the norm, dealerships must adapt to the changing mobility needs. Urbanization brings unique challenges and opportunities, from...
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news. electric vehicles

Volkswagen and Rivian form joint venture to advance EV technology and...

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Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
CDK CEO Brian MacDonald has defended CDK's handling of the situation amid the already filed lawsuits, compounding the company's problems.

Weekly roundup: CDK Global’s cyberattack/recovery, Volkswagen’s $5 billion investment

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Earlier this week: CDK Global announced the successful launch of a small initial test group of dealers on its new dealer management system. The CEO...
In today's episode of Inside Automotive, we're looking at May Sales and the pricing forecast with Tyson Jominy, VP of Analytics at J.D. Power

May auto sales surge heralds positive summer outlook – Tyson Jominy...

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May is traditionally one of the strongest months of the year and often sets the pace for summer sales. In today's episode of Inside...
In March 2024, new car sales are poised to make a big leap. Analysts forecast 1,525,700 units sold, a 12.1% increase from the previous year

March sees 12.1% new car sales surge amid market adjustments

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In March 2024, new car sales are poised to make a big leap. Analysts forecast 1,525,700 units sold, a 12.1% increase from the previous...
As the industry shifts its focus to larger, more expensive vehicles, Hyundai is positioning itself for affordability and practicality.

Opinion | Hyundai boldly bets on sedans: is the OEM a step...

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In a gesture of transparency, I confess that I own one of Audi's quickest sedans. The truth is that I'm biased toward sedans, sportbacks,...
Experts expect vehicle affordability to remain a problem in 2024. Check out my conversation with Lotlinx CEO Len Short to find out why.

2024 auto industry steers through vehicle affordability, inventory roadblocks

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As the automotive retail industry settles into 2024, there's cautious optimism about returning to 'near-normal' vehicle inventory levels. This is a welcome change from...
The industry must help entry-level new car buyers, especially younger consumers trying to establish lives already burdened with high costs.

With the high cost of new cars, can entry-level buyers stay...

Someday, we’ll be able to move around in flying cars and bring to life those Star Wars highways in the skies. I’ve been making...