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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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Traditionally, as we move past Labor Day, values begin to decline, with the largest portion of the yearly depreciation typically occurring in the fourth quarter. However, that is not the case this year, we’ve now had four consecutive weeks of overall market increases in wholesale values.
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Current inventory levels rest at a 31-day supply for U.S. dealers, reports Cox Automotive subsidiary vAuto.
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Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.
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The U.S. Commerce department reported the uptick of 0.7% in retail sales.
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General Motors will extend production cuts at crossover, midsize pickup and sedan plants because of the semiconductor chip shortage but will resume full-size pickup production on Monday.
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The companies sharply criticized a Democrat proposal in the U.S. House of Representatives to give union-made electric vehicles an additional $4,500 tax incentive.
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Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.
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This acquisition strengthens APCO's position in the Mid‐Atlantic and adds a talented team that is recognized as F&I Development leaders.
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More than a third of U.S. consumers are now considering an EV, according to new Ipsos data.
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The countries are at odds over a USMCA requirement that auto manufacturers to meet a 75% threshold for North American content for vehicles to qualify for tariff-free trade within the region.
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