
Used-Vehicle Sales Jump in February
Softening prices, rising credit availability and higher tax refunds could be behind February’s sales pace rise and accompanying dip in inventory, according to Cox Automotive.
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Softening prices, rising credit availability and higher tax refunds could be behind February’s sales pace rise and accompanying dip in inventory, according to Cox Automotive.
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Complaints of detaching seat belts in moving vehicles latest in string of investigations.
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New Leadership team is named and refocused on growing company serving auto industries.
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Deal allows minerals sourced from Japan in manufacture of batteries as US seeks similar measures in Europe.
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They say carmakers haven’t done enough to mitigate lack of standard engine immobilizers in 2011 to 2022 models.
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Brand says autonomous device improves upon existing technology to make charging easier, more convenient.
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Reports say many stores will be asked to give up their franchises as UK brand leans toward online sales.
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Affordability challenges may dampen spring auto sales, finds Cox Automotive Auto Market Weekly Summary.
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Analysts cite larger inventories, higher interest rates and economic uncertainty as the reasons.
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Annual census shows the number of stores increased 0.4% last year.
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Data shows others prefer trucks, sports-utility vehicles.
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