Black Book: Weekly Market Report
Sub-Compact Car reported the largest drop last week, down -0.75%. The prior week, the segment also had the largest decline for cars, with a decrease of -0.89%.
Sub-Compact Car reported the largest drop last week, down -0.75%. The prior week, the segment also had the largest decline for cars, with a decrease of -0.89%.
Now in its 19th year, the online survey will remain open until June 30, 2023.
Federal Reserve keeps interest rates steady but signals borrowing costs will increase by another half of a percentage point by year’s end.
Automaker earmarks $2 billion to building next-gen full-size pickups and SUVs, guaranteeing production of gas-powered vehicles into the 2030s.
Modest increase still less than normally seen during spring selling season.
US market leader to lose dominance to legacy carmakers, bank predicts.
May supplies reached 1.96 million, well above a year earlier, though still under historical norms.
Just one quarter of potential buyers say they would consider electric.
Analysts predict downward shift over the last two months will continue.
CDK Global ease-of-purchase survey tracks change. Dealership inventories reaching normal levels as shoppers search for affordable options.