EV incentives reach 6.7% of ATP in July
Electric vehicle incentives climbed in July in tandem with a dip in average transaction prices and as EV supply outpaces ...
Tag: new vehicle sales
NMAC penetration rate climbs to 63%
Nissan Motor Acceptance Co.’s penetration rate improved in the company’s fiscal first quarter as Japanese automaker Nissan Motor’s U.S.-based sales ...
Fed: Auto loan demand declines, new-car sales up
Auto loan demand slowed in June amid high interest rates, while sales continued to be mixed as some consumers opted ...
EV prices fall 15% YoY as supply jumps
New electric vehicle prices decreased over the last year as inventory increased exponentially and sales lagged the pace of supply ...
1H new-vehicle sales up 11% YoY, fueled by fleet
TROY, Mich. — New-vehicle sales in the first half of the year were stronger than anticipated, up 11% year over ...
New-vehicle inventory at 2-year high
New-vehicle inventory industrywide reached its highest level in two years, inching closer to a normal days’ supply, while listing prices ...
Auto finance balance growth tapers in Q1
The average amount consumers finance on vehicle purchases is leveling off, but high interest rates continue to keep monthly payments ...
Captives nab back market share in Q1
Captive financiers reclaimed the largest share of total auto financing in the first quarter as new-vehicle financing share surged amid ...
