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May’s auto sales are defying even Cox Automotive’s initial expectations, as it looks like many automakers are reporting year-over-year gains

May auto sales come in hotter than projections but cool down...

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May’s new auto sales are defying even Cox Automotive’s initial expectations. It looks like the release of pent-up demand due to an increase in...
Analysts expect to see car prices drop in the coming months as automakers overproduce in the face of declining demand.

Car prices in flux, may decline from overproduction, ‘price wars’

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Analysts expect to see car prices drop in the coming months as automakers overproduce in the face of declining demand. A report by UBS predicts...
Kia and its parent company Hyundai published monthly reports for the U.S. showing higher auto sales numbers throughout May

Hyundai and Kia report higher auto sales for May, see EV...

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Kia and its parent company Hyundai published monthly reports for the U.S. showing higher auto sales numbers throughout May than during the year-prior period. Hyundai Motor America's retail...
First-quarter data is expected to show the Model Y as the world's best-selling car, becoming the first EV to dominate the global auto market

Model Y projected to world’s best-selling car, first EV to top...

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First-quarter data is expected to show Tesla's Model Y as the world's best-selling car, beating the Toyota Corolla and becoming the first electric vehicle to...
Data from Cox Automotive suggests that vehicle affordability improved slightly in April, although pricing pressures remain high

Affordability improves in April, but new car prices remain high

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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...
According to a new S&P Global study, U.S. drivers are holding onto their used vehicles longer than ever before

S&P Global reports average car age of 12.5 years, setting new...

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According to a new S&P Global study, U.S. drivers are holding onto their used vehicles longer than ever before. The firm's research found that light...
Tim Jackson joins Inside Automotive to discuss how the car business's transformation is testing OEM and dealer relations like never before

OEMs want to transform the car business: Should dealers be worried?...

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Automakers are pushing for sweeping changes to way vehicles are sold, but how do franchisees factor into their plans? On this episode of Inside...
Multiple automakers are signaling the return of incentives as they consider options to address rampant unaffordability in the car market

OEMs actively discussing affordability, expect to see discounts and incentives

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Multiple automakers are signaling the return of incentives as they consider options to address rampant unaffordability in the current car market. In comments made to...
Matt Easton joins Inside Automotive once more to discuss one of the more difficult situations a dealer can face: disinterested customers

The pitch-less sales pitch: How successful dealers win over difficult clients...

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How do successful salespeople persuade guarded or disinterested car buyers? On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Matt Easton,...
Rivian

Rivian slows Q1 losses, eyes profitability by 2024

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Rivian ended the first quarter with a smaller loss than last year thanks to greater revenue and successful cost-cutting measures. The electric vehicle manufacturer saw...