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Used Market Stabilizes
The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
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SEARCHMENUSEARCHThe Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
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After toppling GM last year, carmaker may be bumped down after facing market woes common throughout the industry.
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$300 million suit claims carmaker violated state franchise law by withholding inventory.
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The market continued its descent last week, with the level of decline still exceeding what is typically experienced this time of year.
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Judge scuttles tax-break package by local authority, which may appeal the ruling.
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AAA study finds technology chokes at higher speeds, moving vehicles in its path at intersections.
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Sales fall due to customer affordability concerns. Company offering lower-priced models, cutting its costs.
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Tesla plans to increase production of Model Y and Model 3 EVs in Q4 and keep growth going as newer factories in Austin and Berlin come online in 2023.
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The average interest rate paid on a new vehicle purchase hit 5.7% in September, up from about 4% in 2021.
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Cox Automotive's quarterly review allows us to see how the market has progressed compared to expectations.
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September U.S. auto sales, when confirmed next week, are expected to show a new-vehicle market mostly unchanged from previous months and still stuck in low gear.
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