Inflation slows to 3% in June under volatile food and energy prices
Inflation continued to show signs of stalling in June, as the annual rate slowed to just 3% under the influence of volatile food and energy prices.
This number not only means...
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
Headlines
New car prices stall in June as electric vehicles take a nosedive
Electric vehicle discounts caused rising new car prices to stall in June, with transaction totals rising only 1.6% from the prior year.
This growth is the smallest jump prices have taken...
NHTSA to investigate Ford Escape SUVs over door complaints
The National Highway Traffic Safety Administration (NHTSA) is conducting an investigation into Ford Escape SUVs after receiving complaints of defective door brackets.
The NHTSA notes that 118 consumers have submitted reports...
U.S. Army receives first order of electric pickups from Ford
Ford has completed the first delivery of electric pickups to the U.S. Army as the military looks to transition away from gas-powered vehicles.
The car manufacturer dropped off 25 F-150 Lightning trucks...
Credit access increases in June as auto financing trends stabilize
Auto financing became easier to access in June as lenders began to loosen restrictions placed after the sudden collapse of several banks.
On July 10, Cox Automotive reported a slight increase...
Dealer Abraham Razick and wife Alma die in California plane crash
Six individuals, including a respected dealer and his spouse, perished in a plane crash in Riverside County, California on July 8.Â
All six occupants of the Cessna C550 business jet that...
Power loss issue affecting Hyundai Ioniq 5 and Kia EV6 may be linked
The National Highway Traffic Safety Administration has expanded its investigation into reports of power loss affecting Hyundai electric vehicles with a new probe into the Kia EV6.
According to the regulatory...
Carvana eyes growth in used electric vehicle segment, Model 3 takes crown
Carvana has released its list of the top ten best-selling used electric vehicles for 2023 as it looks to satisfy "exponentially" rising demand for affordable battery-powered cars.
By sales volume, the...
Manheim caught a significant decline in wholesale pricing for used cars
On a mix, mileage, and seasonally adjusted basis, wholesale used-vehicle prices dropped 4.2% from May to June. Manheim's Used Vehicle Value Index (MUVVI) fell to 215.1, a 10.3% decline from...
Cox Auto reports fleet sales boost Q1 and Q2 auto sales
According to an early estimate from Cox Automotive, sales into large fleets—excluding sales into dealer and manufacturer fleets—rose 44.6% year over year to 217,572 vehicles in June.
"The return of fleet...
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