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Auto Affordability Inches Up
The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.
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SEARCHMENUSEARCHThe latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.
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A July survey shows spotty sentiment of current and future conditions, in addition to demographic differences as overall opinion of present circumstances kept sliding.
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Electrified powertrains led June new-vehicle sales in Europe, reaching 26% of the market.
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Sales and service departments have the highest annual dealership turnover rates, according to a new industry report, costing money and time that could be better spent elsewhere.
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Consumers gave new cars better scores again this year for design, performance and more as mass-market brands kept gaining on premium lineups, JD Power found in an annual poll.
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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 Stellantis brand decided to have some fun with one of its SUVs’ design to address growing emphasis on family pets.
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Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
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A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
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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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