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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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Ruling could mean more auto manufacturing outside the States.
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Kelly Blue Book data show prices up year-over-year in December.
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The National Highway Traffic Safety Administration will propose new fuel economy standards for the 2027 model year and beyond in April.
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Average vehicle transaction prices continue to soar, according to data released by Kelley Blue Book.
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Make up for some lost sales in Q4 with help of electric push.
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Without an SUV classification, the Cadillac Lyriq exceeds the price threshold for federal tax credits for EVs.
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U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.
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Report forecasts production cuts resulting from issue this year.
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Early figures show about 10% drop, but there was a late-year surge.
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