Welcome to From the Newsroom, a roundup of news from Cox Automotive and perspectives from its analysts and experts on topics dominating the automotive industry. With autumn officially here, the auto industry is wrapping up the third quarter and looking ahead to the end of the year.
It may not be obvious to auto industry followers, but the Federal Open Market Committee (FOMC) has been meeting this week and will be providing an update on the federal funds rate later today. The UAW strike is our industry’s headline right now, of course, but loan rates are having a far greater impact.
Welcome to From the Newsroom, a roundup of news from Cox Automotive and perspectives from its analysts and experts on topics dominating the automotive industry. Automakers are exploring new revenue streams, with subscription-based Features on Demand (FoD) being of particular interest.