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New vehicle sales for October 2024 are projected to increase compared to September despite maintaining the same SAAR of 15.8 million.

October new vehicle sales expected to rise by 10% amid steady...

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In October 2024, new vehicle sales are expected to rise by 10% compared to September, while maintaining a seasonally adjusted annual rate (SAAR) of...
U.S. new vehicle sales struggled in Q3 of 2024 due to economic and political uncertainty & high interest rates.

U.S. new vehicle sales dip in Q3 amid economic uncertainty and...

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U.S. new vehicle sales struggled in the third quarter of 2024, as economic and political uncertainty, high interest rates, and elevated vehicle prices deterred...
Cox Automotive's latest forecast anticipates that U.S. new vehicle sales for August will remain relatively stable when adjusted seasonality

Stable outlook for U.S. new vehicle sales in August, forecast shows

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Cox Automotive's latest forecast anticipates that U.S. new vehicle sales for August will remain relatively stable when adjusted for significant seasonality. The seasonally adjusted...
The Federal Reserve opted to keep its benchmark rate unchanged during its July meeting, maintaining the target range between 5.25% and 5.5%

Federal Reserve maintains interest rates, keeping vehicle financing costs high

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The Federal Reserve opted to keep its benchmark rate unchanged during its July meeting, maintaining the target range between 5.25% and 5.5% to restrict...
Cox Automotive suggests a notable bounce-back in U.S. new-vehicle sales for July, following a widespread software outage.

U.S. July new vehicle sales forecast shows recovery post-software outage

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The latest forecast from Cox Automotive suggests a notable bounce-back in U.S. new-vehicle sales for July, following a widespread software outage that affected sales...
U.S. auto sales through the first half of the year are up by 2.9% compared to a year ago. But, concerns loom over if the industry can sustain

Uncertainty looms over U.S. auto sales momentum

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U.S. auto sales through the first half of the year are up by 2.9% compared to a year ago. However, concerns loom about whether...
Cox Automotive anticipates a positive trend in May for new-vehicle sales compared to last year, buoyed by higher inventory levels.

Cox Automotive forecasts improved May new-vehicle sales driven by increased inventory/incentives

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Cox Automotive anticipates a positive trend in May's new-vehicle sales compared to last year, buoyed by significantly higher inventory levels leading to more attractive...

Merdeces-Benz vote to unionize, Subaru collaborates with Toyota, Tesla offers 0.99%...

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Top StoriesĀ  Mercedes-Benz Alabama plant workers vote on unionization. Read More Subaru partners with Toyota on all electric crossovers. Read More Tesla offers 0.99% financing on Model...
New vehicle demand remains on track to make 2024 the best sales year since the COVID-19 pandemic, despite a small speed bump in April.

New vehicle sales set to fall in April but maintain healthy...

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New vehicle sales are set to decline in April after a strong first quarter but will maintain a healthy pace thanks to better affordability,...
Auto industry news: Apple car project ends, EVs rise, new charging solutions, and the launch of innovative electric supercars.

Weekly roundup: Apple Car shelved, hybrids gain traction, new EV superchargers...

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Earlier this week: Apple's car project was shelved due to various challenges, leaving the fate of 2,000 jobs in limbo. Consumer Reports' latest vehicle...