Lotlinx’s Q4 Quarterly Vincensus Report finds sales of hybrid vehicles increased by 23% between the third and fourth quarter of 2024, accounting for 22% of all U.S. new vehicle sales. +
Cox Automotive and Moody’s Analytics’ New Vehicle Affordability Index improved to 37.7 in January as Americans earned higher incomes and prices normalized following strong year-end sales. +
NADA analysts say U.S. dealers were on track to sell 15.6 million new units in 2025 at the end of January, a fifth straight year-over-year increase but a minor letdown following a strong December. +
Citing plateauing demand, dealers and other experts agree California car buyers are not likely to close the gap required to meet the state’s goal of 35% zero-emission sales by the 2026-MY. +
A memo sent to Nissan dealers and reviewed by Automotive News’s Urvaksh Karkaria suggests the automaker has launched an aggressive new tiered sales bonus program. +
Volvo moved 50,820 new units worldwide in January, a 5% year-over-year decline offset by a 17% improvement in sales of EVs and plug-in hybrids. +
Automotive News reports a group of Florida dealers has formally challenged Scout Motors’ plans to sell EVs directly to consumers, citing state law establishing the EV maker as a “common entity” with Volkswagen. +
Automotive News reports U.S. Hyundai, Kia and Mazda dealers enjoyed double-digit gains in new vehicle sales compared with January 2024 while Ford and Toyota suffered modest losses. +
Edmunds editors put 50,000 miles on more than 300 U.S.-sold vehicles to determine which cars, trucks and SUVs they would tell their friends and family members to buy. +
In a survey of 3,900 U.S. franchised dealers, Presidio Group analysts found gross profit per vehicle fell in 2024 while new vehicle sales, F&I income and total revenue improved. +
