Global Data predicts that focus will shift onto ‘lower-level’ AVs that require greater human supervision, while merger & acquisition (M&A) activity will continue to be driven by transport technology such as robotaxis.
January 20, 2022
The 12th annual Cox Automotive Car Buyer Journey Study reveals that overall car buying satisfaction remains at a near-record level, with the number of highly satisfied buyers higher than before the pandemic.
January 19, 2022
Toyota Motor Corp. announced it will not reach its goal of manufacturing 9 million cars in its fiscal year, which ends in March.
January 19, 2022
Luxury car brands, such as Rolls-Royce, Bentley, Porsche and BMW saw record sales in 2021.
January 19, 2022
The Cox Automotive Service Industry Study finds that as dealerships leverage technology to enhance the customer experience, they can capture more service market share.
January 18, 2022
The declines are continuing to close out the second week of 2022 with majority of segments reporting drops in valuations.
January 18, 2022
RM Sotheby’s had a great year, reporting auction sales of $406 million and private party sales of $150 million, for a grand total of over $550 million.
January 18, 2022
The policy reversal will make GM eligible for government fleet purchases by the State of California.
January 13, 2022
Moving into 2022, NADA anticipates new-vehicle sales of 15.4 million units – an increase of 3.4% from 2021.
January 12, 2022
The year is starting off with declines in many segments, but it remains to be seen if we reached the peak of increases before the holidays or if we will return to increasing values as the market prepares for spring.
January 11, 2022
Cox Automotive's Manheim Used Vehicle Value Index rose 1.6% in December compared with November.
January 11, 2022
Toyota’s new vehicle sales in China reaching a record high of 1.94 million units, up 8.2% from 2020, is attributed to the company’s robust supply chain that weathered away the headwinds caused by the global chip shortages.
January 10, 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
Dealertrack data show new and used retail sales modestly gained against 2019 pre-pandemic levels in the final week of the year.
January 6, 2022
The lowest sales recorded in December went to Toyota Motor Corp., Honda Motor Co., Hyundai and Kia, which posted sales drops for the fifth consecutive month.
January 6, 2022
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