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July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
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SEARCHMENUSEARCHCredit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
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Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing.
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Shares of India's Tata Motors Ltd dropped 3.7% after the Jaguar Land Rover (JLR) owner reported a larger quarterly loss than expected.
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Watch the Auto Market Report video for more data and insights that provide a holistic view of the auto industry.
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Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.
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Kelley Blue Book has pulled out 10 interesting takeaways from last year’s market performance – a final look at 2021.
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New-vehicle sales in January are expected to reach 1.01 million units, a drop of 8.9% compared to January 2021, according to a forecast released today by Cox Automotive.
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Used-vehicle prices at wholesale, dealer-only auctions ended 2021 at 48.1% higher on average than December 2019 and 34.8% higher than December 2020, according to KAR Global.
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Weekly declines continued last week, but the rate of decline is still less than is typically experienced this time of year. Sellers are holding firm to floors, and we have yet to see conversion rates return to pre-holiday levels.
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The 12th annual Cox Automotive Car Buyer Journey Study reveals that overall car buying satisfaction remains at a near-record level, with the number of highly satisfied buyers higher than before the pandemic.
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Luxury car brands, such as Rolls-Royce, Bentley, Porsche and BMW saw record sales in 2021.
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