EVs boosted overall sales for Toyota, Honda, Hyundai and Kia in November, helping push Toyota to a 4.8% year-over-year improvement after consecutive down months. +
A dramatic dropoff in sales has all but put the brakes on the Jeep Gladiator, which made waves with its 2019 debut but lost traction in the years that followed. +
New-vehicle incentives are up by more than 60% heading into the final stretch of 2024, helping dealers clear inventory off their new-vehicle lots. +
Despite market challenges that included a parts shortage affecting some Rivian vehicles, EVs still outpaced the overall light-vehicle market in September. +
Even with major year-over-year increases in sales volume, new-vehicle inventory keeps rising with the arrival of the holiday season. +
New-vehicle incentives have continued their growth trend as factories compete for sales and help dealers move their remaining 2024 inventory. +
The U.S. new light-vehicle market saw a 12% gain in October, fueled by strong retail growth that helped offset a weaker commercial sales market. +
Americans still want to buy new vehicles, but an increasing price gap will require consumers to adjust their expectations or settle for pre-owned. +
