Tag: vehicle affordability
Edmunds’ Jessica Caldwell on tariffs’ impact on vehicle affordability
As the auto industry celebrates a powerful start to 2025, a new challenge is already shaking market expectations: President Trump's implementation of sweeping tariffs....
Navigating vehicle affordability challenges – Laura Perrotta | NJ CAR
With 25% tariffs on imported vehicles and parts now in effect, dealers across the country—and especially in New Jersey—are grappling with the potential fallout....
New vehicle affordability sees slight decline in June despite rising incomes
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...
Automotive weekly roundup: Vinfast’s EV charging network, new vehicle affordability, Biden...
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...
Opinion | Hyundai boldly bets on sedans: is the OEM a step...
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,...
2024 auto industry steers through vehicle affordability, inventory roadblocks
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...
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...
New vehicle affordability continues to rise in August
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?
There is no doubt the auto industry as a whole has been drastically shaken up since the beginning of the pandemic, and this includes...
US auto sales improved in September, Toyota, Honda, Nissan slide in...
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...