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Nissan Reports Significant Sales Growth
Following the release of Nissan’s 2025 fiscal year report, the automaker announced that its retail-first approach has led to a significant jump in dealer sales.
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SEARCHMENUSEARCHFollowing the release of Nissan’s 2025 fiscal year report, the automaker announced that its retail-first approach has led to a significant jump in dealer sales.
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Cox’s Auto Market Weekly Summary for January 13 shared both positives and negatives.
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Auto industry analysts remain on high alert for “demand destruction” as high interest rates, escalating vehicle costs, and a down economy threaten auto sales.
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With two weeks of the new year now behind us, the trends that we ended 2022 with are continuing into 2023.
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Average vehicle transaction prices continue to soar, according to data released by Kelley Blue Book.
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With 2022 fully in the rearview mirror, we can begin to evaluate the years performance: the overall market finished down 22.9%, with Cars down 22.7% and Trucks down 23%.
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U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.
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The Detroit automaker sold 1.86 million vehicles in 2022, down from 1.91 million in 2021.
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In the fourth quarter, Stellantis reported new vehicle sales declined 16% to 347,669 vehicles.
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The year closed out with another week of above average weekly depreciation.
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Sales of new automobiles plunged to under 14 million vehicles in 2022, the lowest since 2011, reports Kelley Blue Book.
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