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Consumer Outlook on the Rise
Younger generations are feeling more positive about their financial futures and current affordability pressures than older generations, according to recent TransUnion data.
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SEARCHMENUSEARCHYounger generations are feeling more positive about their financial futures and current affordability pressures than older generations, according to recent TransUnion data.
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The Vintage Muscle Car segment represents high performance cars from American Motors, Ford, Chevrolet, Pontiac, Buick, Oldsmobile, Dodge, and Plymouth produced from the mid-1960s through the early 1970s.
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U.S. automobile dealer sentiment in the second quarter of 2022 softened as U.S. auto dealers’ attention turned to inflation, high costs and tight inventory, marking the fourth straight quarter-over-quarter decline in market sentiment.
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The number of vehicles canceled from automaker production schedules worldwide due to the shortage now exceeds 2 million, according to AutoForecast Solutions.
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Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.
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Index reverses a 3-month slide and increases to 188.8 points in May 2022 as tight new inventory and record low incentives push used wholesale prices up across most segments.
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U.S. auto safety regulators investigate whether a New York Ford dealership delivered a new vehicle with an outstanding safety recall.
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All major market segments saw seasonally adjusted prices that were higher year over year in May, except for pickups.
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New Experian report shows ongoing impact of inventory shortage on automotive finance market, as average vehicle loan amounts and monthly payments continue to rise.
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The overall market continued to see positive movement last week, but some of the segments that have been catching our eye in recent weeks for their pricing movements are now doing so for different reasons.
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State dealer associations in some states have proposed new language in franchise laws to address new concepts in the industry such as over-the-air service updates and vehicle reservations.
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