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October new vehicle sales expected to rise by 10% amid steady...
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 dip in Q3 amid economic uncertainty and...
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...
Stable outlook for U.S. new vehicle sales in August, forecast shows
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...
Federal Reserve maintains interest rates, keeping vehicle financing costs high
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...
U.S. July new vehicle sales forecast shows recovery post-software outage
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...
Uncertainty looms over U.S. auto sales momentum
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 forecasts improved May new-vehicle sales driven by increased inventory/incentives
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%...
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 sales set to fall in April but maintain healthy...
New vehicle sales are set to decline in April after a strong first quarter but will maintain a healthy pace thanks to better affordability,...
Weekly roundup: Apple Car shelved, hybrids gain traction, new EV superchargers...
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...