Tag: automotive sales reports
Wholesale used vehicle prices rose in early November
Wholesale used vehicle prices increased by 1.6% in the first half of November while the Manheim Used Vehicle Value Index (MUVVI) reached 206.1, up...
KBB reports modest ATP increase for new vehicles in October
Despite the challenges, automakers are demonstrating resilience by working overtime to clear bloated inventory levels and finish out 2024 strong. According to Kelley Blue...
U.S. EV sales take second place worldwide thanks to “crucial” tax...
A sharp rise in electric vehicle sales has made the U.S. the world's second-biggest EV market behind China.
According to technology-market research firm Counterpoint, first-quarter EV...
Consumers paying more for new vehicles as ATP increases in May
Average transaction prices (ATP) for new vehicles increased slightly in May, although consumers continued to pay below the manufacturer's suggested retail price (MSRP) for...
Access to auto loans declines over May, credit tightening continues
Auto loan availability dropped to a two-year low in May under restrictive lending standards as consumers struggled to obtain financing for their vehicle purchases.
According...
U.S. new car sales to surge in May, dealer profitability remains...
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new car sales, including retail and non-retail transactions, are expected to...
April U.S. auto sales poised to rise on improving inventory levels
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new-vehicle sales, including retail and non-retail transactions, are expected to...
Better inventory, bigger prices: What Q1 reveals about the 2023 car...
The car market's strong first-quarter performance surprised many auto industry analysts who expected demand and production to remain suppressed well into the year. However,...
U.S. manufacturing output improves during first-quarter but slides in March
First-quarter data on U.S. manufacturing showed increased production, despite a slight dip reported in March.
Although manufacturing accounts for just over a tenth of the...
March auto credit trends a mixed bag, overall accessibility improves
Auto credit accessibility improved slightly in March but continued to score lower compared to last year, according to a new Cox Automotive report.
The research...