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2023 outlook

Porsche optimistic on 2023 outlook, expects near 20% return on sales

Luxury German automaker Porsche has published its 2023 outlook, predicting it will earn nearly 20% back on sales. The optimistic forecast arrives just after Porsche...
2023 dealerships

What must auto dealerships focus on this coming year? — Tyson...

After a challenging and disappointing year, dealerships are anxious to know what's in store for retail auto in 2023. Consumer research firm J.D. Power...
used-car dealerships

Best practices used car retailers must prioritize in 2023

Last year was one of the most challenging on record for the pre-owned vehicle market. Despite a strong performance in 2021, many used car...
Q4 of 2022

Lucid finished Q4 of 2022 strong, but still faces challenges

Electric Vehicle newcomer Lucid announced it had beaten last year's production target thanks to a strong performance in Q4 of 2022. The automaker's revised manufacturing...

Manheim forecasts used vehicle market will perform better in 2023

Cox Automotive has published a surprisingly positive forecast for 2023's used-vehicle market, predicting slightly better sales and a market normalization. The data used for its...

New car buyers face record-high monthly auto loan payments

Monthly auto loan payments have hit an all time high, according to data published by Edmunds. The report sourced data from the last quarter of...

Inventory pressures still top of mind for auto retailers in 2023,...

Research published by Wards Auto reveals that dealerships are still looking to shore up their inventories in 2023, despite struggling with vehicle shortages for...
EV sales, chevy bolts

Auto leaders have lowered their EV sales outlook after slow growth

In a new report, KPMG unveiled data showing how the auto-industry's EV sales outlook has soured over the course of 2022. Using survey responses from...

New Edmunds report forecasts modestly improved new vehicle market in 2023

Market researchers at Edmunds believe that 2023 will bring a small but noticeable increase in new vehicle sales thanks to slight economic recoveries seen...
Cox, used-car

Dealers report worst attitudes on record, according to Cox Automotive

Dealerships are less confident than ever about the car market, according to a new report released by Cox Automotive. The study, which obtains quarterly data...