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Dealers a Little Down
A third-quarter Cox Automotive survey finds them in a mixed mood, bummed by fallen customer traffic but encouraged by better profits, costs and EV interest.
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SEARCHMENUSEARCHA third-quarter Cox Automotive survey finds them in a mixed mood, bummed by fallen customer traffic but encouraged by better profits, costs and EV interest.
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Study finds that adopters are true believers and that their satisfaction with the vehicles is growing, including for public charger experience, despite pullback of federal incentives.
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Electric-vehicle inventory dropped in December, according to S&P Global, but the hybrid market saw about a 19% year-over-year increase in supply despite being down from November.
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Subaru addition to its sole U.S. plant mirrors the automotive industry’s emphasis on the gas-alternative powertrain after recent setbacks for pure EVs.
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The year starts with declined expectations for economic conditions and plans to make big purchases. Used cars, though, are among the top big-ticket categories under consideration.
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The Honda Civic is named the most reliable new car for the money at $27,768 with a predicted 13½ year life span, breaking down to $2,058 annually, or less than half the industry average.
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A major vehicle research group points out less expensive models that earned high marks for protection, saying the cost is well worth the safety.
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Could it be an early spring when it comes to used-vehicle sales? Black Book analysts think so based on recent weeks' auction activity.
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Auto consumers reported greater satisfaction last year despite higher prices and rising tariffs, due to an omnichannel approach blending online and in-person shopping, Cox Automotive research found.
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The popular Stellantis truck brand has expanded an unusually extensive warranty in response to consumer and auto dealer demand in an inflated market.
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Purchases of new and used vehicles were down in December despite several positive market turns for consumers, whose optimism didn’t match their big-ticket spending.
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