The J.D. Power and LMC Automotive Forecast for August shows new-vehicle retail sales for the month of August are expected to decline from August 2020 and decline from August 2019,…
TrueCar forecasts total new-vehicle sales will reach 1,212,399 units in August 2021, down 4% from a year ago but up 1% vs. July 2021, when adjusted for the same number…
U.S. auto sales are forecast to be squeezed even tighter in August by a worsening supply situation. The pace of new-vehicle sales, or seasonally adjusted annual rate (SAAR), is expected…
The National Independent Automobile Dealers Association has signed onto a letter from the Consumer Banking Association addressed to Rep. Blain Luetkemeywer, ranking member of the subcommittee on Consumer Protection and…
The Michigan Independent Automobile Dealers Association named Jim Van Paemel, owner of Victory Motors, as its State Quality Dealer of the Year. He will contend for next year’s National Quality…
The average transaction price (ATP) for a new automobile in July 2021 hit a record high in the United States at $42,736, according to the analysts at Kelley Blue Book.…
Sonic Automotive, one of the nation’s largest automotive retailers, will provide all hourly Sonic Automotive and EchoPark Automotive employees a minimum wage of $15 an hour. The new pay plans…
The auto loan default rate was up one basis point to 0.31%, according to data through July 2021 released by S&P Dow Jones Indices. The indices represent a comprehensive measure…
Overall customer satisfaction in the U.S., tracked by the American Customer Satisfaction Index, showed no change – not even at the first decimal – in the second quarter of this…