The Bureau of Labor Statistics reports the cost of previously owned sedans, pickups, and SUVs climbed 10% in April, accounting for over one-third of the 0.8% CPI increase.
May 14, 2021
The automaker bases this assessment on a belief that electric vehicles will not catch up to gasoline-powered vehicles in terms of cost and convenience by 2030.
May 14, 2021
Subaru FY2020 profits plunged by half as automaker grapples with the pandemic, microchip shortage and other factors.
May 12, 2021
Car segment gains ticked up slightly this past week (+1.25%) compared to the week prior (+1.17%).
May 11, 2021
Data shows strength in dealers bidding and buying across physical locations, Simulcast, Manheim Express, Manheim.com and OVE.
May 6, 2021
The Toyota brand led the latest signs of a recovering and booming market with the automaker putting its preliminary seasonally adjusted, annualized rate of sales at 17.8 million.
May 3, 2021
Honoring new-vehicle brands, models with lowest projected ownership costs to help shoppers save money.
April 28, 2021
The automotive retailer’s Q1 2021 adjusted earnings skyrocketed 207% year over year with adjusted earnings of $2.79 per share.
April 22, 2021
The market continues to increase, but the rate of weekly gains has slowed while still remaining at levels that would be record-setting by any historical comparisons.
April 20, 2021
A study by CarGurus Inc. released this week finds Americans may need less encouragement than originally believed to make the switch to electric cars and trucks.
April 16, 2021
TransUnion Global Payment Hierarchy Study observes consumer credit behavior in five countries.
April 14, 2021
Car Capital allows their dealer partners to make immediate modifications to deal terms in real-time based on the economics of each unique car and consumer.
April 14, 2021
This past week did not set another record, but the market is still experiencing week-over-week increases that are in record-breaking territory.
April 13, 2021
NADA predicts healthy sales volumes coupled with healthy transaction prices and profitability will persist as the industry shows strong resilience amid disruption.
April 8, 2021
Division of Enterprise Rent-A-Car continues to expand credit union partnerships and drive growth.
April 6, 2021