Down Economy Will Impact All Automakers
An economic downturn could put all automaker’s, even those making luxury autos, earnings to the test.
An economic downturn could put all automaker’s, even those making luxury autos, earnings to the test.
Sales into large fleets, not including sales into dealer and manufacturer fleets, decreased 4.6% month over month in September to 122,586 units, according to an early estimate from Cox Automotive.
New light-vehicle sales in September 2022 totaled a SAAR of 13.5 million units, up 9.6% from a year ago.
$300 million suit claims carmaker violated state franchise law by withholding inventory.
The market continued its descent last week, with the level of decline still exceeding what is typically experienced this time of year.
Cox Automotive's quarterly review allows us to see how the market has progressed compared to expectations.
September U.S. auto sales, when confirmed next week, are expected to show a new-vehicle market mostly unchanged from previous months and still stuck in low gear.
The U.S. Transportation Department (USDOT) has approved electric vehicle (EV) charging station plans for all 50 states, Washington D.C. and Puerto Rico.
A J.D. Power brand loyalty study finds most car buyers return to the same brand when trading in their used vehicles.
Black Book and Fitch Ratings just unveiled their latest joint depreciation report, taking an in-depth look at car and truck segment depreciation trends in 2021, as well as our outlook and forecast for depreciation in 2022.
BMW will reach the higher end of its 7-9% margin target for its vehicle business and will see slight sales growth in 2023, forecasted CFO Nicolas Peter in a roundtable this week.
Customers in select regions can now schedule an in-person Alexa guided test drive of VW’s ID.4 SUV.
Former Nissan store ad executive arrested. Prosecutors say he established shell companies to hide crimes.
Toyota Motor Corp. announced plans to produce 800,000 vehicles worldwide in October, 100,000 vehicles short of its average monthly production plan.
Soft pulls can strengthen consumer confidence and trust in making the right decision, and since they aren’t locked into anything, they can resume shopping and even assess varying price ranges.
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