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News

@carbiztoday
cbtnews.com > reynolds-amplify-2026-turns-innovation-into-action

Reynolds Amplify 2026 turns innovation into action

1+ week, 4+ day ago   (171+ words) Rey, the agentic AI assistant, uses the Spark AI Unified Data Layer to help dealerships turn trusted information into immediate action. During hands-on workshops, attendees explored how it can deliver complex reporting, strategic recommendations, customer communication, deal structure, operational analysis,…...

@carbiztoday
cbtnews.com > white-house-asks-congress-for-1b-delphi-pensions

White House asks Congress for $1B to restore Delphi pensions

1+ mon, 4+ week ago   (192+ words) The White House is backing a $1 billion plan to repay the Delphi salaried retirees who lost much of their pensions in General Motors’ 2009 bankruptcy. The White House asked Congress for $1 billion to restore pensions for former Delphi workers whose benefits…...

@carbiztoday
cbtnews.com > rising-gas-prices-hit-suv-owners

Rising gas prices hit SUV owners and rural drivers hardest, study finds

2+ mon, 3+ week ago   (219+ words) According to the latest iSeeCars study, rising gas prices added an average of $706 to U.S. drivers’ annual fuel costs between January and April 2026. The impact varied sharply by location and vehicle type, with some drivers facing annual cost increases exceeding $2,000. Drivers…...

@carbiztoday
cbtnews.com > suv-fatigue-is-fueling-renewed-interest-in-sedans

SUV fatigue is fueling renewed interest in sedans

2+ mon, 4+ week ago   (400+ words) Rising vehicle prices, fuel costs, and “SUV fatigue” are renewing interest in affordable passenger cars. After years of SUV dominance in the U.S. market, sedans may be poised for a comeback as consumers grow frustrated with rising vehicle prices,…...

@carbiztoday
cbtnews.com > rising-prices-push-americans-toward-longer-auto-loans

Rising car prices push Americans toward longer auto loans

6+ mon, 4+ week ago   (261+ words) Nearly half of American auto loan borrowers are relying on terms longer than 72 months to manage monthly payments. As the average transaction price for new vehicles exceeds $50,000, more Americans are finding vehicle ownership increasingly costly, leading many buyers to take…...

cbtnews.com
cbtnews.com > vehicle-affordability-crisis-deepens-as-1000-payments-become-more-common

Vehicle affordability crisis deepens as $1,000 payments become more common

7+ mon, 2+ week ago   (352+ words) New-vehicle financing and affordability challenges continue to put pressure on car shoppers. More than one in five new-car buyers committed to monthly payments surpassing $1,000 during the final quarter of 2025, according to Edmunds data. This surge hit an all-time high, growing…...

@carbiztoday
cbtnews.com > the-silent-strain-auto-finance-customers-under-pressure

The silent strain: Auto finance customers under pressure

8+ mon, 2+ week ago   (615+ words) For years, auto financing operated in a fairly predictable rhythm. Interest rates fluctuated within an acceptable range; leasing offered an affordable entry point, and customers traded vehicles like clockwork every few years. But that world is behind us. Today, the…...