
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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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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The U.S. Transportation Department (USDOT) has approved electric vehicle (EV) charging station plans for all 50 states, Washington D.C. and Puerto Rico.
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A J.D. Power brand loyalty study finds most car buyers return to the same brand when trading in their used vehicles.
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Black Book and Fitch Ratings just unveiled their latest joint depreciation report, taking an in-depth look at car and truck segment depreciation trends in 2021, as well as our outlook and forecast for depreciation in 2022.
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BMW will reach the higher end of its 7-9% margin target for its vehicle business and will see slight sales growth in 2023, forecasted CFO Nicolas Peter in a roundtable this week.
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Customers in select regions can now schedule an in-person Alexa guided test drive of VW’s ID.4 SUV.
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Opportunity will knock in the second half of 2022, but industry leaders still recommend those in retail automotive and F&I proceed with caution.
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The facility will further Ford CEO Jim Farley’s goal to build 2 million EVs annually by the end of 2026.
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Powersports values are declining across the board with one exception as we head into the fall.
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Ford isn’t alone in facing cost increases as manufacturers continue to deal with supply shortages.
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NADA numbers show sales prices rose, though volume was down due to inventory shortages.
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