News

"There's no reason to believe trends are improving from here." Sluggish new car sales means good news for the aftermarket.
Inventory increased by 4% month over month thanks to trade-ins from strong new-car sales. As a result, the average price of used cars has dropped 7% year over year to $28,861, and the cost per ...
June was also the last month it was possible to buy a new car for less than $20,000, now that Mitsubishi has ended production ...
Top segment sellers include the Honda CR-V, Jeep Grand Cherokee, and Ford F-Series.
Analysts at Cox Automotive on Wednesday called for a 15.3% jump in new-car sales in July, saying it is shaping up to be another solid month for new cars as inventories improve.
A potential shift to new car sales would signal a substantial turnaround for the company. In late 2022 and early 2023, there were rumors Carvana was on the verge of bankruptcy. Its stock price had ...
In the EU, total car sales fell 7.3% year-on-year, even as registrations of battery electric (BEV), hybrid electric (HEV) and ...