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According to the Cox Automotive/Moody’s Analytics Affordability Index, new vehicle affordability experienced a slight decline in June.

New vehicle affordability sees slight decline in June despite rising incomes

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According to the Cox Automotive/Moody’s Analytics Affordability Index, new vehicle affordability experienced a slight decline in June. Dealers and manufacturers were less aggressive with...
Here’s a closer look at the top automotive stories and more headlines to catch up on this week in automotive industry news.

Automotive weekly roundup: Vinfast’s EV charging network, new vehicle affordability, Biden...

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Earlier this week: Pham Nhat Vuong, founder of VinFast, launched V-Green to develop a global EV charging network, aiming to enhance VinFast's market presence...
As the industry shifts its focus to larger, more expensive vehicles, Hyundai is positioning itself for affordability and practicality.

Opinion | Hyundai boldly bets on sedans: is the OEM a step...

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In a gesture of transparency, I confess that I own one of Audi's quickest sedans. The truth is that I'm biased toward sedans, sportbacks,...
Experts expect vehicle affordability to remain a problem in 2024. Check out my conversation with Lotlinx CEO Len Short to find out why.

2024 auto industry steers through vehicle affordability, inventory roadblocks

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As the automotive retail industry settles into 2024, there's cautious optimism about returning to 'near-normal' vehicle inventory levels. This is a welcome change from...
As we navigate the automotive landscape in 2024, understanding the factors influencing new vehicle affordability is crucial.

Navigating vehicle affordability challenges in 2024

The automotive industry is constantly evolving, influenced by market conditions, consumer preferences, and various economic factors. The current affordability crisis is no exception, as...
As new vehicle affordability increased again in August income and vehicle market fundamentals continued to benefit customers.

New vehicle affordability continues to rise in August

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As new vehicle affordability increased again in August, extending the monthly trend of moderate improvement throughout the year, income and vehicle market fundamentals continued...

Where does the used car market stand?

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There is no doubt the auto industry as a whole has been drastically shaken up since the beginning of the pandemic, and this includes...
auto sales

US auto sales improved in September, Toyota, Honda, Nissan slide in...

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September's auto sales performance has come with both good and bad news for the automotive industry. The good news is that September performed better...
vehicle affordability

How declining new vehicle affordability is rattling consumer budgets

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Vehicle affordability has become a massive obstacle that car buyers must overcome. The problem has loomed large and shows no signs of slowing up...
car loan

Average new car loan reaches record high of $40,290 in the...

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The auto industry regularly encounters market reports filled with optimistic projections and doom-and-gloom forecasts, with the latter getting more attention these days. But the...