Tag: vehicle affordability
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...
How declining new vehicle affordability is rattling consumer budgets
Vehicle affordability has become a massive obstacle that car buyers must overcome. The problem has loomed large and shows no signs of slowing up...
Average new car loan reaches record high of $40,290 in the...
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...