The Federal Reserve today raised its benchmark interest rate by twenty five basis points. Those sweetheart zero percent loan deals were already hard to come by, now they are likely to all bu... Read more
Online sales is a topic that seems to be showing up in the auto retail world more and more. Used car giant CarMax is piloting online sales, and new car retail behemoth AutoNation invested in... Read more
One could be forgiven for feeling confused about what actually happened with November new light vehicle sales. Some descriptions of the market from U.S. and U.K. publications: sales “beat ex... Read more
I am writing this from the LA Auto Show press room. If I had to decide on a theme for this year’s show it would be trucks and technology. Trucks in the broader sense of SUVs and pickups, but... Read more
The LA Auto Show – now called Automobility LA – kicks off here next week. I hope to see some of you at the Women in Automotive conference or at the JDPA/NADA AutoConference LA (spaces betwee... Read more
One of this week’s stories looks at the disconnect between what consumers want when shopping for a car and what dealers believe they want. It is based on a new report from Jumpstart Automot... Read more
October auto sales were a pleasant surprise – they rose 0.4 percent though most forecasts had them showing a decline. Also good news, the uptick occurred even though incentive spending decre... Read more
Waymo, an independent company previously the self-driving car unit of Google, has just received permission to test its autonomous vehicles without a driver here in California. Thus far, the... Read more