News

Showroom•by Staff•February 14, 2023

New Cars Now Out of Reach for Many?

Report suggests middle-class norm becoming harder to achieve.

Showroom•by Staff•February 13, 2023

Inventory Dips in January

Sales bump shaves supplies, especially in compact, midsize segments.

Auto Finance•by Staff•February 10, 2023

Car Loan Credit Access Tightens in January

Hits 2 ½-year low. Subprime, negative-equity shares fall.

Showroom•by Staff•February 10, 2023

Plant Gets $2B Government Loan for EV Component Production

Expanded plant to support production of more than a million EVs a year.

Showroom•by Staff•February 10, 2023

SUVs Move Up Luxe Shoppers’ List

Q4 hop still off last year. Buick Enclave top pick.

Showroom•by Staff•February 10, 2023

GM Plans to Invest in Lithium Mine

Stake would give it access to one of world’s biggest stores of key EV battery element.

Showroom•by Staff•February 9, 2023

Vehicle Sales Drop in China

January decrease follows end of tax break, subsidy.

Showroom•by Staff•February 8, 2023

Supply Chain Disruptions Affected Volkswagen Cash Flow in 2022

Volkswagen AG reported its cash flow fell short of expectations as supply chain snags led to higher unsold inventory at year’s end.

Compliance•by Staff•February 8, 2023

Massachusetts AG Enters Two Settlements with Auto Industry

The AG’s Office settled with Toyota Motor Credit Corp. for illegal auto finance collection practices and Hometown Auto Framingham for discriminatory prices of add ons.

Auto Finance•by Staff•February 7, 2023

Black Book: Weekly Market Report

The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.

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