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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 challenge arises over the EPA decision to reinstate the waiver and withdraw its interpretation of the Clean Air Act that would prohibit other states from adopting California’s more stringent vehicle greenhouse gas emission standards.
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This week, NADA and 12 industry partners urged Congress to take up the PART Act to help fight catalytic converter theft, and specifically asked for the House Energy and Commerce Committee to hold a hearing on this important issue.
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The National Automobile Dealers Association and 12 other trade groups to urge Congress to advance a bipartisan bill to combat this rising threat.
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The Estimated Average Weekly Sales Rate continues to increase and now is at 72%.
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Q1 2022 TransUnion Credit Industry Insights Report explores latest credit trends.
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While demand for commercial vehicle inventory remained high, several movements in the data indicated there are trends shaping the industry and driving buyer behavior.
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The seasonally adjusted Retention Index went down to 185.4 points in April 2022 as high gas prices strengthen some segments and weaken others.
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The Used Retail Days-to-Turn Estimate has continued to drop over the last few weeks and remains below 36 days.
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The Fed delivered on expectations today by raising the target rate for the Federal Funds Rate by half of a percentage point and announcing the plan to start reducing its balance sheet starting on June 1.
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The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.
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