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Some positives for commercial dealers and buyers.
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With low inventory and high demand, incentives dropped to a record low in June, averaging only 2.3% of the average transaction price.
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One-quarter of Americans say they will consider an electric vehicle for their next vehicle.
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McLaren and Fisker have branded their auto finance ventures and have them supported by Chase.
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The trial centers on a lawsuit that alleges the German carmaker knowingly manipulated diesel-emissions tests by installing defeat devices
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CarGurus.com reveals the average listing price for a new electric vehicle stood just under $60,000 at the end of June, marking a 13% increase since February.
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Moss Bros. Auto Group has agreed to a $2.5 million class-action settlement in a case involving ringless voicemails.
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Auto industry inventory levels sat between 1 million and 1.1 million vehicles for the sixth consecutive month in June, according to Cox Automotive.
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The National Automobile Dealers Association issued its analysis of U.S. auto sales and the economy for the second quarter of 2022.
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Voters are asked to complete at least five of the survey’s 40 categories, entering their partner company’s name and scoring them on quality, value, customer service, and whether they would recommend that company to another dealer.
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