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The seasonally adjusted annual rate is estimated to be near 36.2 million, down from last August’s 40.8 million level and below July’s revised 38.3 million pace.
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New VSC covers technology, electronic components and safety systems in vehicles.
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The Retention Index continues to decline in August, finishing the month at 184.0 points as consumer demand for used vehicles weakened.
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Automaker won’t offer retailers buyouts as some brands have, but it will introduce sales requirements.
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Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.
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No-haggle prices and sizeable investments in charging infrastructure are required to sell the automaker’s electric vehicles.
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Revised law approved by voters in 2020 was intended to enable independent repair shops to diagnose, repair vehicles, not just dealers.
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First $900 million coming to help 35 states build network of stations. President also promotes tax breaks to buy EVs built in North America.
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JM&A bundles its existing suite of EV protection products tailored to an electrified future, including a new limited warranty for pre-owned vehicles.
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The Estimated Average Weekly Sales Rate continued its descent, hitting 58% last week. The Estimated Average Weekly Sales Rate hasn’t been below 60% since February of 2021.
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