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Not only is the number of vehicles on the road today at its highest level since 2008, the average age of the current fleet increased a full year from four years ago, Experian Automotive reports.
Read More →Toyota’s captive finance arm has been able to draw a wider range of customers through no-interest loans and low-cost leases, thanks to its automaker’s AA-credit rating and $95 billion in assets, Bloomberg reports.
Read More →Manufacturers attribute the drop in the SAAR to fewer selling days in September and Labor Day sales being included in August sales totals. One manufacturer attributes the drop to troubles in Washington, D.C.
Read More →Honda, Toyota and Ford received top nods from Edmunds.com in its annual Best Used Cars report.
Read More →At last week's J.P. Morgan Investor Conference in New York, a Toyota executive says the OEM is on track to sell 2.2 million vehicles in 2013.
Read More →Technologies like pilot parking, easy-fill tire alert, Wi-Fi hotspots, and hydrophobic windows will be available to most mainstream drivers a lot sooner than they might expect, Edmunds.com predicts.
Read More →Year-to-date sales in May were up 7.3 percent, according to AutoData Corp., while the SAAR was up 1.36 million units from a year ago. Several manufacturers also reported record-breaking Mays.
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‘Da Man’ finds his groove and issues another prediction about the fate awaiting several ‘domestic’ car manufacturers.
Read More →Group 1 estimates that the storms in Oklahoma City and Houston caused damage to facilities and about 3,200 new and used vehicles. The auto retailer is continuing to assess overall damage.
Read More →The SAAR is up slightly vs. April of last year, and most manufacturers experienced an increase in sales during the month.
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