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Vehicle Affordability a Growing Problem

Dealers report elevated prices, a lack of affordable vehicle models, and higher interest rates are pricing many consumers out of new cars.

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Car Financing Costs Will Keep Rising This Year

Interest rates will continue climb, eating into inventory improvements’ effect.

Car Prices to Ease in 2023

Report shows used models in particular to fall as new-car inventory improves.

Inventory Rises Again in November

Most reporting carmakers have supply days in the double digits.

Customer ‘Scorecard’ Designed to Help Dealers

CDK Global offering polls U.S. customers on car availability and more.

Subaru Sees Q2 Profit Hike

Subaru profit jumped 25% in the latest quarter as the automaker recovered production, ramped up sales and cashed in on favorable exchanges rates.

Senate Passes CHIPS Bill on 64-33 Vote

The House is expected to also pass the bipartisan bill that earmarks billions of dollars to boost domestic semiconductor production.

Volvo Predicts Retail Sales Slump in 2022

Volvo Cars points to a potential slump in retail sales in 2022 after posting higher second-quarter profits.

Auto Execs Say Consumer Demand Remains Strong

GM and Ford top execs say U.S. consumer demand for cars and trucks remains strong, despite soaring interest rates and gas prices.

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Auto Experts Weigh in on the Semiconductor Shortage

Experts suggest automakers focus their attention on the user experience and greater collaboration as they content with limited semiconductor chip supplies.

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