Cox Automotive’s latest Car Buyer Journey Study finds 75% of all new vehicle buyers and 82% of new EV buyers were “highly satisfied” in 2024. Analysts largely attribute the record highs to new technology. +
Edmunds’s latest auto finance report finds average monthly payments passed the $750 mark in the fourth quarter, corresponding with an average amount financed in excess of $42,000. +
U.S. new light-duty vehicle sales rose to 15.7 million in 2024, a 2.5% year-over-year increase driven by big gains among certain brands, marques and types and capped by a 4.1 million-unit fourth quarter. +
Tesla sold 1.79 million EVs worldwide in 2024, down 1.1% from the prior year despite a fourth-quarter push that included offers of 0% financing and free charging. +
The Nissan Titan, Ford Edge and Chevrolet Camaro are among the highest-profile and longest-serving models that have ceased production or won’t last past the 2025 model year. +
The latest new-vehicle sales and finance reports from Cox Automotive show strong sales and credit availability as incentives offset higher prices to sustain affordability. +
Amazon Autos is now live and in partnership with Hyundai dealers in 48 U.S. cities, allowing shoppers to buy a vehicle from the ecommerce giant for the first time. +
Ford Motor Co.’s U.S. dealers sold 166,373 new Fords and Lincolns in November, a 14.3% increase from the same month a year ago, the factory reported. +
The National Automobile Dealers Association reported the seasonally adjusted annual rate (SAAR) for 2024 U.S. vehicle sales hit its highest mark since May 2021 after dealers outperformed expectations in November. +
In the same month EVs boosted U.S. new-vehicle sales for major Japanese and Korean manufacturers, Volvo dealers sold shockingly few fully electric vehicles. +
