CPO Sales Down in April
Interest rate hikes, other economic pressures, probably led to decline, Cox says.
Interest rate hikes, other economic pressures, probably led to decline, Cox says.
Automakers would have to include it or inform buyers of its absence before bill passed.
Q1 statistics show market hasn’t returned to prepandemic norms.
The two automakers' recalls affect a combined total of 530,000 vehicles that have experienced operational issues posing safety risks.
April surge stands out among industries as economy absorbs interest rates drag.
Consumer income increases, lower new-vehicle prices and higher incentives increased affordability, found the Cox Automotive/Moody's index.
Kelley Blue Book Brand Watch Non-Luxury Report ranks consumer shopping behavior.
Auction conversion rates remained stable; the overall market continues to trend into negative territory, which leaves us wondering if there will be any room for an increase before the Memorial Day holiday.
Law treats leased vehicles as commercial, giving consumers an end around.
Plans to increase its fleet’s EV makeup from 10% to 25%.