Used Car Prices Finally Dip in February

The world has not forgotten how to produce new (and thus used) cars and we should expect ... Used vehicle prices dropped in February across all categories, and sales were also down for the month ... Read More

Good news for car shoppers: Automakers, dealers can’t maintain the permanent car shortage they hoped for

It meant they likely ... to satisfy consumer desires and secure a sale, many, if not most, dealers are reluctant to turn away new-vehicle inventory,” AN explains. See: Good news: Car prices ... Read More

A dip likely after record-high car sales

PETALING JAYA: While 2023 will likely be a record year in terms of ... outlook as such as there was currently low visibility on car sales prospects for 2024. In fact, the brokerage expected ... Read More

Auto sales dip in March due to high prices and high borrowing rates

Sales of new cars and trucks in the ... haven’t entirely cleared up, either. Car purchases play a big role in retail sales and overall consumer spending, the main engine of the economy. Read More

Best February ever for car, UV, sedan sales

Sales of cars, sedans and utility ... to their best-ever level for the month of February at 373,177 units on back of better supplies and sustained consumer demand. As per industry estimates ... Read More

Mercedes’ sales dip in Q1 2024

Mercedes-Benz Group sales dipped 6% year on year to 568,400 cars and vans in the first quarter of 2024. Mercedes-Benz Cars saw sales rise in the United States (+3%) and what the automaker called ... Read More

Hot, New Electric Cars That Are Coming Soon

The company initially planned to build 9,351 cars, a nod to the original DMC-12 production run. But it announced in February ... its all-new Ocean electric vehicle. Features that seem likely ... Read More

Car industry bosses slam Government for lack of switching incentives as personal electric vehicle sales dip

Car industry bosses today called on the Government to do more to encourage drivers to switch to electric cars, as new figures revealed personal EV sales fell in March. The Society of Motor ... Read More

Has California reached peak Tesla? Sales dip for second straight quarter in key EV market.

California for the second straight quarter, suggesting its popularity in the state may have peaked, according to a report from the California New Car Dealers Association. While the carmaker still ... Read More

GM reports 1st quarter sales dip after lower fleet deliveries, EV struggles

But GM did make a 6% gain in retail sales to consumers and it managed to again edge out its closest rival in U.S. new car sales, Toyota North America, to remain the top-selling automaker in the ... Read More

February home sales unexpectedly jump 9.5% to 1-year high as mortgage rates dip

Sales of previously occupied US homes rose in February from the previous month to the strongest pace in a year with homebuyers encouraged by a modest pullback in mortgage rates and more properties ... Read More