agent Entrepreneur logo
MenuMENU
SearchSEARCH

Sales

Newsby StaffJune 29, 2022

Cox Automotive Lowers Full-Year New-Vehicle Sales Forecast as Persistent Supply Problems Continue to Hold Back Auto Industry

According to the Cox Automotive June sales forecast, the seasonally adjusted annual rate (SAAR) of new-vehicle sales this month is expected to hit 13.8 million, up from last month’s 12.7 million pace but well below last year’s 15.5 million level.

Read More →
Newsby StaffJune 28, 2022

Black Book: Weekly Market Report

For the first time since the week of April 18th, the overall market reported softening last week.

Read More →
Newsby StaffJune 24, 2022

Volkswagen AG to List Porsche Automaker

The automaker will stick to its plan to list its Porsche sports-car maker later this year as to finance its pivot toward electric vehicles (EVs).

Read More →
Ad Loading...
Newsby StaffJune 22, 2022

Weekly Market Report

Sporty Cars traditionally decline during this time of year, but the segment is still reporting increases with an average weekly increase of +0.24% over the last eleven weeks.

Read More →
Newsby StaffJune 16, 2022

Auto Execs Say Consumer Demand Remains Strong

GM and Ford top execs say U.S. consumer demand for cars and trucks remains strong, despite soaring interest rates and gas prices.

Read More →
Newsby StaffJune 8, 2022

Total U.S. Automotive Aftermarket Sales Forecasted to Increase 8.5% in 2022

The Joint Channel Forecast Model details a strong aftermarket recovery coupled with indicators for continued growth.

Read More →
Ad Loading...
Newsby StaffJune 7, 2022

Cox Automotive: Wholesale Used-Vehicle Prices Increase in May

All major market segments saw seasonally adjusted prices that were higher year over year in May, except for pickups.

Read More →
Newsby StaffJune 7, 2022

Credit Unions Amass Largest Share of the Automotive Finance Market in Five Years

New Experian report shows ongoing impact of inventory shortage on automotive finance market, as average vehicle loan amounts and monthly payments continue to rise.

Read More →
Newsby StaffJune 2, 2022

Though EV Sales Will Triple by 2025, More Will Be Needed to Reach Net Zero

The window to get the world’s road emissions to carbon neutrality by 2050 is ‘closing quickly,’ BloombergNEF (BNEF) says in its latest Electric Vehicle Outlook.

Read More →
Ad Loading...
Newsby StaffJune 2, 2022

May Light Vehicle Sales Results Show Double-Digit Declines

The seasonally adjusted, annualized rate of sales fell to 12.81 million in May, according to Motor Intelligence.

Read More →