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A sharp rise in EV sales has made the U.S. the world's second-biggest EV market behind China.

U.S. EV sales take second place worldwide thanks to “crucial” tax...

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A sharp rise in electric vehicle sales has made the U.S. the world's second-biggest EV market behind China. According to technology-market research firm Counterpoint, first-quarter EV...
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...
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...
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...
Charlie Chesbrough Cox Automotive

Better inventory, bigger prices: What Q1 reveals about the 2023 car...

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The car market's strong first-quarter performance surprised many auto industry analysts who expected demand and production to remain suppressed well into the year. However,...
U.S. manufacturing

U.S. manufacturing output improves during first-quarter but slides in March

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First-quarter data on U.S. manufacturing showed increased production, despite a slight dip reported in March. Although manufacturing accounts for just over a tenth of the...
auto credit report

March auto credit trends a mixed bag, overall accessibility improves

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Auto credit accessibility improved slightly in March but continued to score lower compared to last year, according to a new Cox Automotive report. The research...
Ford sales

After restructuring, Ford sales grow 10% in Q1, driven by trucks

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After failing to impress in the previous quarter, Ford has posted stronger Q1 sales numbers, driven in part by its flagship pickups. According to the...
Toyota

Toyota sales decline in first quarter, despite strong EV segment

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Toyota has published its monthly and quarterly results, revealing a decline in overall sales despite its surprisingly strong electric vehicle numbers. The automaker sold 469,558...