New-car loans reach record highs, even with rates flat at 7%
On the Dash:
Average new-car amount financed hit a record $44,664, and average monthly payments reached a record $787.
Loans of 84 months or longer made up a record 25.5%...
TSLA376.040-10.43%
GM76.8800.77%
F11.884-0.0157%
RIVN12.046-0.4138%
CYD23.570-1.92%
HMC34.5750.605%
TM198.3903.53%
CVNA58.990-0.2%
PAG212.1400.09%
LAD288.09018.96%
AN161.0007.99%
GPI242.86018.01%
ABG172.5408.49%
SAH63.3202.64%
TSLA376.040-10.43%
GM76.8800.77%
F11.884-0.0157%
RIVN12.046-0.4138%
CYD23.570-1.92%
HMC34.5750.605%
TM198.3903.53%
CVNA58.990-0.2%
PAG212.1400.09%
LAD288.09018.96%
AN161.0007.99%
GPI242.86018.01%
ABG172.5408.49%
SAH63.3202.64%
TSLA376.040-10.43%
GM76.8800.77%
F11.884-0.0157%
RIVN12.046-0.4138%
CYD23.570-1.92%
HMC34.5750.605%
TM198.3903.53%
CVNA58.990-0.2%
PAG212.1400.09%
LAD288.09018.96%
AN161.0007.99%
GPI242.86018.01%
ABG172.5408.49%
SAH63.3202.64%
Market Reports
Car buying got harder in September, CDK reports
On the Dash:
Ease of Purchase fell to 79% in September, the first reading below 80% since December.
Only 45% of buyers selected a vehicle from the lot, and 13%...
Don’t let used inventory opportunities sit in the service lane
Used inventory acquisition doesn’t have to start when your lot gets thin.
Some of your best future inventory opportunities may already be inside your dealership. They emerge through service visits, ownership...
GM, Ford to lose share as Asian brands top half of U.S. sales, Cox Automotive forecasts
On the Dash:
Asian brands are forecast to top half of U.S. new-vehicle sales for a second straight quarter.
Hyundai Motor Group is projected to outsell Ford as the Detroit...
Hyundai on track to pass Ford in quarterly sales for first time
On the Dash:
Cox forecasts Hyundai Motor Group Q3 sales of 511,421, up 6.5% year over year.
Hybrids hit a record 29% of Hyundai brand sales in August, up 33%.
...
September new-vehicle sales pace reaches 16.1M
On the Dash:
September total new-vehicle sales are projected at 1.33 million units, up 2.6% year over year.
Hybrid share is projected to reach 17%, while EV share falls to...
Wholesale used car prices fall for the first time in 2026
On the Dash:
The Manheim index fell 1% from August to 206.2, down 0.4% from a year ago.
Compact cars and EVs were the only major segments above year-ago values.
...
New-vehicle affordability improves 1.2% year over year
On the Dash:
The average new-vehicle price rose 0.5% in August to $50,090, putting renewed pressure on affordability.
The typical payment reached $770, up 0.5% monthly and 2.6% year over...
Chinese vehicle entry looks unlikely as U.S. brands face a shifting market
On the Dash:Â
Chinese automakers face significant barriers to U.S. market entry, including tariffs and restrictions on connected-vehicle technology.
Hybrids could reach 34% of the U.S. market by 2030, giving...
Used-vehicle prices jump 7% to highest average since 2022
On the Dash:
Used-vehicle listing prices averaged $27,239 in August, the highest monthly figure since December 2022.
Inventory slipped 1.1% from July to 2.13 million units, tightening days' supply to...
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