Rising hybrid and fleet sales are among the factors pushing some experts to adjust their full-year projections after a relatively strong August. +
New and used car buyers borrowed more but secured lower interest rates in the second quarter as competitive monthly payments helped hybrids gain market share. +
Kelley Blue Book’s latest report finds seasonal trends and underwhelming incentives pushed July’s average new vehicle transaction price to $49,855. +
New JD Power data shows growing numbers of premium compact car, compact SUV and midsize SUV owners are joining a “measurable” downmarket migration. +
Automotive News’s July sales report finds limited inventories have “hamstrung” U.S. Toyota dealers while competitors get a boost from strong hybrid demand. +
The latest quarterly VIN-based inventory report from Lotlinx finds rebounding sales driven by new launches but offset by persistently aged inventory. +
Subaru leads all manufacturers with an 18% year-over-year increase in a report full of double-digit sales gains driven largely by demand for hybrids. +
Kelley Blue Book reports an average transaction price of $49,220 in May, down 0.5% from April but up 1.2% year over year amid heavier incentive spending. +
Sales of new Mazdas and Subarus improved by 35% and 10% year-over-year in May, leading all U.S.-facing factories as fleets helped offset flat retail sales. +
Kelley Blue Book reports trucks and SUVs are largely to blame for April’s average new-vehicle transaction price of $49,461, a 1.8% year-over-year increase. +
