Chip Shortage: Biden Administration Reports Relief On Its Way
Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.
July 22, 2021
Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.
July 22, 2021
Used wholesale and retail prices are starting to stabilize in July (although at a remarkably high plateau), but new car sales are still on a rollercoaster as the chip shortage is finally showing up in the new sales numbers.
July 20, 2021
AutoNation predicts demand for new vehicles will continue into next year, as low-interest rates and robust demand helped the retailer boost quarterly earnings estimates.
July 20, 2021
A Trump-era USMCA interpretation could subject used vehicles shipped to the U.S. to import fees.
July 20, 2021
The frenzied sales fever that pushed new car sales to record heights is cooling, with demand for pre-owned vehicles returning to more normal levels.
July 15, 2021
Lexus and Subaru rank highest for third consecutive year.
July 15, 2021
The increasing penetration of passenger vehicles, rising modernization of vehicles, and development of autonomous vehicles are some factors expected to drive the market growth during the forecast period.
July 14, 2021
High demand coupled with low inventory has spurred consumers to order the vehicle they want.
July 14, 2021
Wholesale values continue to decline after a monstrous 22-consecutive weeks of gains; however, sales conversion rates were also down last week. We anticipate that dealers will begin gradually and moderately reducing their floors.
July 13, 2021
As auto loans and credit apps rise, it appears Americans are more willing to take on debt.
July 8, 2021
Wholesale values are finally starting to simmer down but make no mistake, supply channels haven’t been restored and the market remains strong.
July 6, 2021
Toyota saw sales rise to 840,303 units in May, led by swiftly recovering demand in North America.
June 30, 2021
Whether shoppers are looking for a practical crossover, a rugged pickup truck, a fun performance car or anything in between, there’s a used car, truck or SUV out there for everyone – even if they have to look a little harder than usual in the current marketplace.
June 29, 2021
The automaker declares 2040 as the date it will phase out gasoline-powered cars.
June 24, 2021
Electric vehicle registrations jumped 95% to 133,509 in January through April, compared to the same period in 2020.
June 23, 2021
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