U.S. new-vehicle sales reported to Automotive News showed multiple double-digit gains and few losses in March as new tariffs set to go into effect starting April 3 are expected to raise prices. +
The “Big 6” publicly traded U.S. auto dealer groups are growing in size, sales and profitability as they hold onto the top positions in Automotive News’s annual ranking of the Top 150 Dealership Groups. +
President Donald Trump announced increased tariffs on new vehicles and some parts imported for sale into the United States, effective April 3, a move experts say will raise prices and reduce sales and production. +
Autotrader editors say they were “pleasantly surprised” to add Volkswagen’s fully electric ID. Buzz minivan to their Best New Cars of 2025 list, which highlights 10 models available for less than $110,000. +
Edmunds analysts tell Reuters that Tesla vehicles accounted for 1.4% of all vehicles traded in at U.S. dealerships from Jan. 1 to March 15, up a full percentage point from March of 2024, as the EV maker faces declining sales and stock values. +
U.S. auto dealers sold 697 franchises in an all-time record of 438 transactions last year, according to Kerrigan Advisors’ year-end Blue Sky Report, a 10% increase from 2023. +
vAuto reports U.S. sales of all pre-owned vehicles increased by 5.6% to 1.57 million units year-over-year, but certified pre-owned sales were down 3.4% compared with February 2024. +
Kelley Blue Book reports the average cost of a U.S.-sold new vehicle increased by 1% year-over-year to $48,039 in February but declined by 1.3% from the prior month. +
Edmunds reports the U.S. auto finance market demonstrated stability in the face of uncertainty in February, with modest increases in loan cost, amounts financed, payments and terms. +
Experian reports the average amount financed in a U.S. new vehicle transaction was $41,572 in the fourth quarter, a 2.6% increase, but with a slightly lower average monthly payment of $600. +
