TSLA400.4904.11%
GM79.290-0.29%
F14.0400.08%
RIVN16.5200.26%
CYD48.700-2.35%
HMC26.2600.07%
TM173.9401.17%
CVNA66.5503.69%
PAG175.2003.87%
LAD294.8501.83%
AN188.7402.38%
GPI313.1608.09%
ABG197.0506.92%
SAH80.7302.6%
TSLA400.4904.11%
GM79.290-0.29%
F14.0400.08%
RIVN16.5200.26%
CYD48.700-2.35%
HMC26.2600.07%
TM173.9401.17%
CVNA66.5503.69%
PAG175.2003.87%
LAD294.8501.83%
AN188.7402.38%
GPI313.1608.09%
ABG197.0506.92%
SAH80.7302.6%
TSLA400.4904.11%
GM79.290-0.29%
F14.0400.08%
RIVN16.5200.26%
CYD48.700-2.35%
HMC26.2600.07%
TM173.9401.17%
CVNA66.5503.69%
PAG175.2003.87%
LAD294.8501.83%
AN188.7402.38%
GPI313.1608.09%
ABG197.0506.92%
SAH80.7302.6%


New Car Sales

Car subscription services are gaining traction as an alternative to traditional car ownership models by offering flexibility and convenience

Car subscription services: A new model for car ownership

- October 24, 2024
Car subscription services are gaining traction as an alternative to traditional car ownership models by offering flexibility and convenience in an all-inclusive package. Here, we look into the rise of...
According to Kelley Blue Book data, the ATP for new vehicles in the U.S. in September reached $48,397, a slight increase from August.

U.S. new vehicle prices hold steady in September amid rising incentives

- October 10, 2024
According to Kelley Blue Book data, the average transaction price (ATP) for new vehicles in the U.S. in September reached $48,397, a slight increase from August but a 0.4% drop...
As the tax refund season concluded, sales in both new and used vehicle markets slowed, contributing to the rise in inventory levels.

New vehicle sales stabilize, days’ supply and inventory trends improve

- September 20, 2024
A recent analysis of vAuto Live Market View data reveals that new vehicle sales volume and average days' supply have stabilized after experiencing fluctuations due to a cyber breach at...
In today's episode of CBT Now, Karl Brauer shares insights into the increasing market share of 10+ year-old vehicles.

How consumers are navigating rising vehicle costs – Karl Brauer | iSeeCars.com

- September 17, 2024
In today's episode of CBT Now, Karl Brauer, Executive Analyst for iSeeCars.com, shares insights into the increasing market share of 10+ year-old vehicles. With rising costs for both new and...
As the auto industry shifts toward a future dominated by EVs, car dealers must adapt their sales strategies to meet this growing demand.

Maximizing EV sales: A dealer’s guide to available resources

- September 11, 2024
As the automotive industry shifts toward an inevitable future dominated by electric vehicles (EVs), car dealers must adapt their sales strategies to meet this growing demand. We've collected a number...
I’m equal parts excited by and concerned by the threat of Chinese EVs- which are high quality, cheap, and rapidly taking market share.

Chinese EVs and autonomous tech set to disrupt global automotive markets

- August 23, 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Maintaining steady sales and profits can be challenging with fluctuating consumer demands, high vehicle prices, and low inventory. 

How dealerships can grow sales and profits by adopting resilient marketing strategies

- August 20, 2024
In this competitive market, car dealerships face numerous challenges. Maintaining steady sales and profits can be challenging with fluctuating consumer demands, high vehicle prices, and low inventory.  As market conditions and...
Automotive Ventures’ latest investment- Chaiz, the first price comparison site to research, purchase vehicle protection products 100% online

Automotive Ventures invests $3.7 million in Chaiz to revolutionize vehicle protection

- August 16, 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
In July, wholesale used-vehicle prices increased, with Cox Automotive's MUVVI climbing to 201.6, marking a 2.8% rise from June.

Wholesale used-vehicle prices rise in July, reflecting market trends

- August 8, 2024
In July, wholesale used-vehicle prices increased, with the Manheim Used Vehicle Value Index (MUVVI) climbing to 201.6, marking a 2.8% rise from June. Despite this uptick, prices remain 4.8% lower...
In 2024, franchised car dealerships face challenges due to economic uncertainties, consumer behaviors, and rapid technological advancements.

Practical ways to boost sales

- August 7, 2024
In 2024, franchised new car dealerships face many challenges to their operations. The automotive sales landscape is more competitive than ever, from economic uncertainties to shifting consumer behaviors to rapid...