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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 seasonally adjusted Retention Index increased to 169.5 points, hitting another record this year.
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As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.
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How electric vehicles will spark new opportunities in dealerships ready for change.
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GM sales fall short of Toyota Motor Corp. over two consecutive quarters.
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Overall, recent polling indicates more Americans are feeling better about the quality of their financial life now, relative to their expectations, compared to the end of 2020.
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IHS Markit finds the average age of a car on U.S. roads rose to 12.1 years in 2021, up from 11.9 years in 2020. In comparison, the average age was 9.6 years in 2002.
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The market continued to make gains this past week, marking the fourth consecutive week of overall wholesale value increases.
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Ford Motor Co. President and CEO Chris Farley names making electric vehicles more affordable and mining battery minerals in the U.S. as top priorities.
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Automobile sales in September are forecast to slow for the fifth straight month, as tight inventory, high prices take a toll on the industry.
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GM entered agreement with the rental car company to funnel more loaner vehicles to dealerships amid the global microchip shortage.
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