Tag: automotive sales news
Consumers paying more for new vehicles as ATP increases in May
Average transaction prices (ATP) for new vehicles increased slightly in May, although consumers continued to pay below the manufacturer's suggested retail price (MSRP) for...
Access to auto loans declines over May, credit tightening continues
Auto loan availability dropped to a two-year low in May under restrictive lending standards as consumers struggled to obtain financing for their vehicle purchases.
According...
How car dealers can beat stereotypes in automotive sales — Matt...
According to the U.S. Department of Labor's data, sales is the largest profession in the country, with a massive concentration in automotive sales. Yet...
U.S. new car sales to surge in May, dealer profitability remains...
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new car sales, including retail and non-retail transactions, are expected to...
April U.S. auto sales see solid year-over-year gains
April 2023 is a tale of two stories. One indicates that buyers are continuing to benefit from increased inventory offerings, while the other shows...
April U.S. auto sales poised to rise on improving inventory levels
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new-vehicle sales, including retail and non-retail transactions, are expected to...
Analysts makes cautiously optimistic prediction for Q1 auto sales
According to Cox Automotive's first quarter sales forecast, the U.S. car market has performed better than analysts expected at the end of last year.
Cox...
Used car prices continue to fall in 2023, EVs impacted most
According to a new report from iSeeCars.com, used car prices have fallen steadily over the last year, with electric vehicles being the most affected.
According...
Carvana announces new debt plan and Q1 loss estimate
On Wednesday, Carvana released an early loss estimate with its first quarter guidance, and shared a new debt plan which would significantly reduce its...
