
Used Sales Hit Summer Drag
The vacation season, combined with high prices, has dented deliveries and added to inventories, though supply is still slim enough to keep listings elevated.
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The vacation season, combined with high prices, has dented deliveries and added to inventories, though supply is still slim enough to keep listings elevated.
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March U.S. auto sales, when reported on Friday, will show a notable drop from last March as the market remains significantly constrained by lack of supply.
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Throughput increased in 2021 as U.S. light-vehicle sales rose to nearly 14.75 million vehicles, according to dealership census.
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Majority of young adults prefer used cars as affordable, sustainable alternative.
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Mile for mile, it’s cheaper to recharge an electric vehicle (EV) than it is to refuel one with an internal-combustion engine.
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Zurich now permits agents to sell its finance and insurance products, representing a big change for the provider.
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BMW reports 2022 margins will be lower because of the Russia-Ukraine conflict.
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Overall market declines continued last week, but the rate of declined lessened.
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February’s CPO result is the highest since October 2021 and interrupts a six-month downward trend.
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By sharply reducing fleet sales, Hyundai can deliver more inventory to dealers.
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In January, Tesla Inc. lead U.S. luxury market sales, lapping segment leader BMW in new vehicle registration, finds Experian data.
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