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Average transaction prices (ATP) for new vehicles increased slightly in May, although consumers continued to pay below MSRP.

Consumers paying more for new vehicles as ATP increases in May

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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...
Auto loan availability dropped to a two-year low in May under restrictive lending standards as consumers struggled to obtain financing.

Access to auto loans declines over May, credit tightening continues

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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...
Matt Easton joins Inside Automotive once more to discuss the negative stereotypes surrounding automotive sales and how to overcome them.

How car dealers can beat stereotypes in automotive sales — Matt...

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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...
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new car sales in May are expected to increase 15.6% YoY.

U.S. new car sales to surge in May, dealer profitability remains...

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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's U.S. auto sales are projected to have a 2.3% rise compared to last year, likely due to increased inventory supply.

April U.S. auto sales see solid year-over-year gains

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April 2023 is a tale of two stories. One indicates that buyers are continuing to benefit from increased inventory offerings, while the other shows...
Despite robust auto sales, new-vehicle supply closed March at its highest level in two years, but not be enough to bring prices down.

April U.S. auto sales poised to rise on improving inventory levels

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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...
Cox Auto prediction

Analysts makes cautiously optimistic prediction for Q1 auto sales

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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...
sentiment index, used car prices

Used car prices continue to fall in 2023, EVs impacted most

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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...
debt plan Carvana

Carvana announces new debt plan and Q1 loss estimate

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On Wednesday, Carvana released an early loss estimate with its first quarter guidance, and shared a new debt plan which would significantly reduce its...