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Despite robust auto sales, new-vehicle supply closed March at its highest level in two years, but not be enough to bring prices down.

April U.S. auto sales poised to rise on improving inventory levels

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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...
Charlie Chesbrough Cox Automotive

Better inventory, bigger prices: What Q1 reveals about the 2023 car...

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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

U.S. manufacturing output improves during first-quarter but slides in March

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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...
auto credit report

March auto credit trends a mixed bag, overall accessibility improves

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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...
Ford sales

After restructuring, Ford sales grow 10% in Q1, driven by trucks

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After failing to impress in the previous quarter, Ford has posted stronger Q1 sales numbers, driven in part by its flagship pickups. According to the...
Toyota

Toyota sales decline in first quarter, despite strong EV segment

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Toyota has published its monthly and quarterly results, revealing a decline in overall sales despite its surprisingly strong electric vehicle numbers. The automaker sold 469,558...
debt plan Carvana

Carvana announces new debt plan and Q1 loss estimate

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On Wednesday, Carvana released an early loss estimate with its first quarter guidance, and shared a new debt plan which would significantly reduce its...