TSLA401.725-2.93499%
GM82.080-0.43%
F14.303-0.1073%
RIVN16.4950.565%
CYD51.4900.92%
HMC26.490-0.36%
TM176.320-1.87%
CVNA65.480-4.56%
PAG179.745-1.015%
LAD304.630-2.87%
AN195.705-0.155%
GPI323.800-1.8%
ABG199.760-0.06%
SAH83.250-0.4%
TSLA401.725-2.93499%
GM82.080-0.43%
F14.303-0.1073%
RIVN16.4950.565%
CYD51.4900.92%
HMC26.490-0.36%
TM176.320-1.87%
CVNA65.480-4.56%
PAG179.745-1.015%
LAD304.630-2.87%
AN195.705-0.155%
GPI323.800-1.8%
ABG199.760-0.06%
SAH83.250-0.4%
TSLA401.725-2.93499%
GM82.080-0.43%
F14.303-0.1073%
RIVN16.4950.565%
CYD51.4900.92%
HMC26.490-0.36%
TM176.320-1.87%
CVNA65.480-4.56%
PAG179.745-1.015%
LAD304.630-2.87%
AN195.705-0.155%
GPI323.800-1.8%
ABG199.760-0.06%
SAH83.250-0.4%

Morningstar Senior Equity Analyst on the state of the auto sector

 

David Whiston, Morningstar Senior Equity Analyst, shares his take on the health of the auto sector with CNBC. He believes 2016 was the top of the boom. Although he does not predict a crash, he does say volume is down 1.5% which are healthy levels of decline and overall new car sales should expect to be “sitting along the top” for now.
When questioned on confidence highs in spending in the marketplace, David blames the declines on the high used car surplus and how that affects both new and used car sales.

 

Watch the full interview from CNBC

More from Daily Automotive News
Young Automotive Group expands into Nissan brand with Riverdale dealership acquisition

Young Automotive Group expands into Nissan brand with Riverdale dealership acquisition

- June 16, 2026
Young Automotive Group has acquired Ken Garff Nissan Riverdale in Riverdale, Utah, in a transaction that closed June 16, 2026. The dealership will be renamed Young Nissan and marks the...
Sewell acquires Mercedes-Benz of Selma, expanding San Antonio presence

Sewell acquires Mercedes-Benz of Selma, expanding San Antonio presence

- June 12, 2026
Sewell Automotive Companies has acquired Mercedes-Benz of Selma from Kollective Auto Group in a transaction that closed June 1, 2026. The dealership was renamed Sewell Mercedes-Benz of Selma the following...
America's savage yards are burning. Drivers are the ones paying the price

America’s salvage yards are burning. Drivers are the ones paying the price

- June 12, 2026
While most Americans see scrapyard fires as local news, the real story may be unfolding in repair shops, insurance offices, and family budgets across the country. Americans don't need another reason...
Stellantis' China gamble could reshape America's auto industry forever

Stellantis’ China gamble could reshape America’s auto industry forever

- June 10, 2026
Americans were told Chinese cars were being kept out of the United States for security reasons. Washington has imposed massive tariffs, politicians promised tougher restrictions, and consumers were reassured that...