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EV Sales Slide While Hybrids Climb
California, as usual, led the country in EV registrations in the fourth quarter, but the U.S. as a whole saw a 43% year-over-year volume decrease.
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SEARCHMENUSEARCHCalifornia, as usual, led the country in EV registrations in the fourth quarter, but the U.S. as a whole saw a 43% year-over-year volume decrease.
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Dealer strategy shifts are bearing fruit, finds Cox Automotive's most recent report.
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The used retail active listing volume index reverted back to one at the start of 2023. Currently, the index sits at 0.95 points.
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It reported that US retail sales rose 15% while fleet sales jumped 27%.
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Affordability challenges may dampen spring auto sales, finds Cox Automotive Auto Market Weekly Summary.
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The market continued to experience growth last week, with gains far exceeding what is typically seen this time of year.
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Used-retail active listing volume index index sits at 0.99 points.
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New Experian report shows average loan amount increases tapered off, while average terms decreased.
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The first week of March started off as expected with sales rates continuing to increase across the country.
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More cars are available, but record prices and rising interest rates will challenge customers.
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Improved inventory levels and higher retailing cited for the sales boost.
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