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NADA Market Beat report reveals double-digit spike in new light-duty sales in May.
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Robust demand and increased vehicle availability drive significant growth.
Read More →LMC Automotive and J.D. Power predict U.S. auto retail sales will rise in October as supply chains improve and make more vehicles available to dealerships.
Read More →The average interest rate paid on a new vehicle purchase hit 5.7% in September, up from about 4% in 2021.
Read More →Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.
Read More →Consumers ranked Tesla’s app the highest, but respondents reported they were not completely satisfied with any of the apps they tested.
Read More →Combined sales at the seven major automakers that release monthly results dropped 17% in October. Automakers cite the semiconductor chip shortage and supply chain bottlenecks as the reason.
Read More →The intent of the alliance is to give consumers more flexible choices when making vehicle purchase decisions.
Read More →Michael Stanton Jr., former vice president and general manager of J.D. Power’s Vehicle Valuation Practice, formerly known as the NADA Used Car Guide, has returned to the NADA to work across the organization on strategic and operational issues.
Read More →Wholesale prices of used vehicles up to eight years in age fell by 1.2% in August. Over the past five years, however, losses for the period averaged a more significant 2.2%.
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