New-vehicle affordability declined slightly in April despite revised data indicating stronger income gains, according to the latest Cox Automotive/Moody’s Analytics Vehicle Affordability Index.
May 18, 2022
The Estimated Average Weekly Sales Rate continues to increase and now is at 72%.
May 17, 2022
Q1 2022 TransUnion Credit Industry Insights Report explores latest credit trends.
May 12, 2022
Access to auto credit expanded again in April, according to the Dealertrack Credit Availability Index for all types of auto loans.
May 10, 2022
Historically, the first week of May is an exciting time for new model year launches and an increase of lease returns in the auction lanes. This year, like the past 2 years, has been plagued with microchip shortages and supply chain issues causing a significant reduction in both new inventory production and used lease and fleet returns in the wholesale market.
May 10, 2022
Luxury vehicle share rose to 17.4% of total sales in April, up from 16.7% of total sales in March, helping push overall average transaction prices up.
May 10, 2022
While demand for commercial vehicle inventory remained high, several movements in the data indicated there are trends shaping the industry and driving buyer behavior.
May 9, 2022
The seasonally adjusted Retention Index went down to 185.4 points in April 2022 as high gas prices strengthen some segments and weaken others.
May 5, 2022
The Used Retail Days-to-Turn Estimate has continued to drop over the last few weeks and remains below 36 days.
May 4, 2022
Toyota Motor Corp. is getting closer to using up a key U.S. tax credit for hybrid and electric vehicles, a situation company leaders say will raise its costs and hinder the adoption of climate-friendly cars.
May 3, 2022
Inventory shortages have vehicle lessees re-evaluating their end-of-lease options.
April 29, 2022
Penske Automotive Group first quarter net income sored from $183.1 million year over year to $369.5 million.
April 28, 2022
The consistency of new vehicle inventory levels over the last six months suggests that the industry is readjusting to a ‘new normal’ level of inventory while increasing vehicle prices indicate low inventory levels continue to generate strong gross for dealers and profit for OEMs.
April 26, 2022
Cox Automotive has been researching the car-buying process for 12 years and, with the release of this new study, is diving into the financing aspect of the car buying process for the first time.
April 26, 2022
The car market continued its ascent last week, with the rate of gain accelerating to 0.23%, larger than the typical increase for this time of year.
April 26, 2022
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