High Vehicle Prices Expected to Hold Their Grip on Auto Industry
Consumers seeking lower prices on dealership lots must wait until 2023, reported auto-industry leaders at the New York International Auto Show.
April 19, 2022
Consumers seeking lower prices on dealership lots must wait until 2023, reported auto-industry leaders at the New York International Auto Show.
April 19, 2022
Industry leaders dispel the notion that dealers do not support EV sales.
April 19, 2022
The first quarter of 2022 came to a close with new-light vehicle sales in March totaling a SAAR of 13.4 million units, a decline of 4.6% compared to February 2022 and a decline of 24.4% compared to March 2021’s SAAR.
April 11, 2022
The month’s SAAR totaled 13.3 million units, down from 14 million in February and off 24.4% from March 2021’s SAAR of 17.6 million units.
April 6, 2022
A coalition has asked the U.S. Treasury Department to grant relief to dealers employing the LIFO tax deferment strategy who face excessive tax bills this spring.
February 23, 2022
Recent media coverage about rising new-vehicle prices fails to account for unprecedented market conditions in the retail auto market.
February 22, 2022
Moving into 2022, NADA anticipates new-vehicle sales of 15.4 million units – an increase of 3.4% from 2021.
January 12, 2022
New light-vehicle sales totaled 14.93 million units in 2021, up 3.1% from 2020’s 14.47 million. December 2021’s SAAR totaled just 12.44 million units, down 23.7% from December 2020.
January 10, 2022
While November began with a slight increase in inventory levels from September’s all-time lows, limited vehicle availability continues to keep sales well below current demand.
December 8, 2021
Though challenges remain, many positive signs point to a return to normal some time in 2022, says NADA Chairman Paul Walser.
December 2, 2021
Dealers can boost electric vehicle sales when they take an educational stance with consumers.
November 16, 2021
New light-vehicle sales in October 2021 saw their first month-to-month gain since April.
November 8, 2021
Industry analysts suggest it could cost dealers hundreds of thousands annually to comply with the new rules.
November 2, 2021
September new light-vehicle sales fell for the 5th consecutive month to a SAAR of 1.2 million units, reported the National Automobile Dealers Association (NADA).
October 7, 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
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