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Weekly roundup: UAW strike — week 1 recap and expert insights
Earlier this week: Tensions escalated between the United Auto Workers (UAW) and Detroit-Three automakers, with the situation rapidly capturing national attention. General Motors president...
New vehicle affordability continues to rise in August
As new vehicle affordability increased again in August, extending the monthly trend of moderate improvement throughout the year, income and vehicle market fundamentals continued...
New vehicle affordability improves in July as monthly payments fall
Purchasing a new vehicle became easier in July, according to Cox Automotive, as the post-pandemic car market normalized under growing inventory and more incentives.
After...
Economy outpaces Q2 forecasts, Fed hikes interest rates
The American economy grew faster than expected in the second quarter, leading the Federal Reserve to raise interest rates once more in an effort...
Electric vehicle supply beats ICE for first time as sales improve
Electric vehicle inventory rose to new heights over the second quarter, dwarfing supplies of gas-powered cars in the U.S.
According to Cox Automotive, the average...
New vehicle affordability improved in May despite higher prices and interest...
In May, the affordability of new vehicles experienced a slight improvement compared to previous months, according to new data from Cox Automotive. This positive...
Vehicle affordability slightly improves, Musk loses appeal, Stellantis recall
Inside Automotive
Northwood University students discuss upcoming auto show
Northwood University students are gearing up for the 60th Northwood University International Auto Show. This annual event...
Affordability improves in April, but new car prices remain high
Data from Cox Automotive suggests that vehicle affordability improved slightly in April, although pricing pressures remain high.
The Vehicle Affordability Index found that the median...
AutoNation Q1 results, Tesla backlash, March service revenue
Inside Automotive
How Honda dealers are preparing for the future of automotive retailing – Bill Feinstein
Honda’s U.S. Segment is off to a strong start in...
Dealership service revenue set a new March record — Xtime report
The latest Cox Automotive analysis of Xtime metrics reveals that service activity rose steadily month over month in March. U.S. franchised dealers saw repair order index volume lower than last...