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Associate Editor
Lauren Lawrence is the associate editor for Auto Dealer Today, F&I and Showroom, Agent Entrepreneur, and P&A Magazine. She has worked as a journalist and written for the automotive and healthcare industries. In her spare time, Lauren enjoys reading and writing fiction. Her first car was a purple Chevrolet Camaro named Prince.
While the used-car market saw three months of price declines or stagnation, the used EV segment did the opposite – rising for three straight months.
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As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
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A LendingTree analysis found that location, age and credit score play a role in the rising amount of auto loan borrowers who make monthly payments of $1,000 or more.
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The group is making executive leadership changes as longtime employee Shaun Bugbee enters retirement after serving EVP of Operations since 2017.
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Three SUVs and one sedan received the Top Safety Pick+ award from the Insurance Institute for Highway Safety in its latest released rankings.
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At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.
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As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
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More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.
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The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
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As legacy automakers, mostly in the U.S. and Japan, have revised their 2030 electric-vehicle sales targets and shifted to a hybrid focus, they risk falling behind new market leaders.
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