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In the wake of a healthy year of business, many are seeing slowed traffic and otherwise gloomy conditions.
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Survey finds frustrations, evolving desires, and untapped sales potential
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More cars are available, but record prices and rising interest rates will challenge customers.
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GM and Ford top execs say U.S. consumer demand for cars and trucks remains strong, despite soaring interest rates and gas prices.
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The average price of a new car hit $45,000 in September and reached $25,000 for the average used car, according to Kelley Blue Book.
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Current inventory levels rest at a 31-day supply for U.S. dealers, reports Cox Automotive subsidiary vAuto.
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CNW Research says the government shutdown was like ‘putting a dam on a river.’ But when will that pent-up demand be released?
Read More →Fitch Ratings announced U.S. banks have a chance to foster loan growth via their auto portfolios, as consumer demand and sales of both new and used vehicles increases.
Read More →AutoTrader.com’s Used/CPO Car Insights Report indicated that consumer interest in luxury vehicles spiked on the Website during the month of October.
Read More →After a strong 1.1 percent month-over-month gain in September, U.S. retail sales increased last month by 0.5 percent to $397.7 billion, the Commerce Department reported today.
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