May vehicle sales climb with reopening, but riots threaten growth
U.S. automotive sales in May showed signs of bouncing back from the COVID-19 pandemic, with the seasonally adjusted annual rate ...
Tag: Sales & Marketing
Axis Auto Finance posts record originations in Canada
Axis Auto Finance posted a record increase in loan originations, according to the company’s fiscal year third-quarter earnings report released ...
China vehicle sales likely rose for a second month, group says
China’s vehicle sales rose for a second straight month in May, an industry group estimated, signaling a recovery in the ...
Used-car prices bounce back after giving US industry a scare
Used-vehicle prices are bouncing back from last month’s lows and approaching J.D. Power’s pre-pandemic forecasts, a welcome development for ailing ...
New Fair CEO zeroes in on profitability
SoftBank-backed car subscription service Fair is concentrating on profitability, according to Fair’s new Chief Executive Bradley Stewart. Instead of focusing ...
May new-vehicle sales struggle but show signs of rebound
Retail new-vehicle sales in May are projected to fall 21% compared with the same prior-year period, dropping to 1.08 million ...
JD Power: Long-term loans doubled from last year
Longer-term loans, especially 84-month loans, are gaining popularity with consumers as the auto market sees its sixth straight week of ...
Honda North America powersports sales surge 30%
Honda Motor Co.’s North America powersports sales — which include motorcycles, ATVs, and side-by-sides — had a strong year, ratcheting ...
