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New-vehicle affordability declines in November

New vehicle affordability declines in November, but still better than 2023

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According to the latest Cox Automotive/Moody's Analytics Vehicle Affordability Index data, new vehicle affordability declined slightly in November. Despite factors that should increase affordability,...
According to Kelley Blue Book data, the ATP for new vehicles in the U.S. in September reached $48,397, a slight increase from August.

U.S. new vehicle prices hold steady in September amid rising incentives

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According to Kelley Blue Book data, the average transaction price (ATP) for new vehicles in the U.S. in September reached $48,397, a slight increase...
Tesla will report its second-quarter earnings today. This earnings call will provide investors with insights into what's to come.

Tesla to report Q2 earnings amid decline in deliveries and investor...

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Tesla will report its second-quarter earnings after the bell today. This follows a July 2 report on vehicle deliveries that, while better than analysts...
In May, wholesale used-vehicle prices experienced a notable decrease, which fell to 197.3, marking a 12.1% drop from last year.

May sees a decline in wholesale used-vehicle prices amid seasonal trends

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In May, wholesale used-vehicle prices experienced a notable decrease, according to the Manheim Used Vehicle Value Index (MUVVI), which fell to 197.3, marking a...
As the tax refund season concluded, sales in both new and used vehicle markets slowed, contributing to the rise in inventory levels.

Used vehicle inventory rises in May as tax refund season fails...

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According to Cox Automotive's analysis of vAuto Live Market data, the inventory of used vehicles at the start of May increased compared to April....
According to Edmunds, incentives are re-emerging in the auto market, but high interest rates are diminishing their appeal to car shoppers.

High interest rates undermine new auto incentives for car shoppers

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Incentives are re-emerging in the auto market, but high interest rates are diminishing their appeal to car shoppers. According to Edmunds, the average annual...
In today's episode of CBT Now, we explore data and learn what may lie ahead. Charlie Chesbrough, Cox Automotive's Senior Economist, joins us.

Consumer demand shifts towards smaller vehicles due to affordability concerns –...

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In today's episode of CBT Now, we delve into April sales and what they mean for the automotive industry's trajectory. Charlie Chesbrough, Cox Automotive...
The Edmunds car buying experts predict that 15.7 million new cars will be sold in 2024 due to competing market pressures.

Edmunds experts predict 3 major industry disruptors for 2024

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Analysts from Edmunds predict that 15.7 million new cars will be sold in 2024 due to competing market pressures, which should keep new vehicle...
According to an estimate by Cox Automotive, the robust year-over-year sales recovery continued in the Q3

Strong Q3 performance for auto sales defies economic challenges – Cox...

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According to an estimate by Cox Automotive, the robust year-over-year sales recovery continued in the third quarter. Despite rising interest rates on new-vehicle loans...

Price control meets traction control

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Demand is a slippery road. Sometimes the wheels spin, but the vehicle doesn’t move. So you lower the price to get some traction. But...