Auto Bytes Blog

CDK cyberattack expected to cost car dealers more than $1 billion, Michigan study says

July 16, 2024

Jamie L. LaReau, Detroit Free Press The nation’s car dealerships experienced total losses of more than $1 billion as the result of a nationwide hacking and ransomware attack on their software and systems last month, […]

Foreign carmakers outproduce Detroit brands in U.S. for first time

July 10, 2024

By Luke Ramseth | Bloomberg’s Keith Laing contributed Foreign-owned manufacturers built more vehicles in the United States last year than their rivals in Detroit, a first for the market that underscores major shifts in domestic […]

Car prices are declining. Buyers aren’t seeing it.

July 8, 2024

Average price paid is expected to fall this year for first time since 2008, but interest rates keep payments high Many Americans are hitting their breaking point on what they are willing to spend on […]