1986 Ford F-150 pickup truck Photo: Ford By process of elimination, older used cars are becoming the purchase of last resort for bargain-hunting shoppers and those with subprime credit scores, analyst...
Tag: high prices
Affordable, New Cars And Trucks — Even Some EVs — Still Exist; But Stay Small, And Bring Cash
2022 Ford Maverick 2L-EcoBoost AWD Lariat. Photo: Ford There are still some lower-priced new cars and trucks, including even some electric vehicles, on today’s high-priced market, with a desirable lev...
Record Dealer Profits Suggest No Let-Up In High, New-Car Prices
Full lots of cars for sale, like this one at a Volkswagen dealership in New York, are the exception … [+] nowadays. Newsday via Getty Images Some of the nation’s biggest auto dealership groups c...
EV Adoption Starts At The Pricey High End, And Slowly Works Its Way Downscale
The Kia EV6 is a battery-powered electric vehicle. Photo: Kia America There are dozens of new electric vehicles for mass-market brands, on the ground or in the pipeline for the U.S. market. In time, a...
Auto Inventory A Bit Better; Still Short Of Demand
Ford Motor Co.’s Chicago Assembly Plant Photo: Ford The limited supply of new cars and trucks continues to limit U.S. auto sales, but sales are expected to be up about 9% for the month of Septem...
Razor-Thin Increase Vs. A Year Ago; High Prices Continue
Ford Motor Co. Flat Rock Assembly Plant PHOTO: FORD, Steve Koss U.S. auto sales are on track to be higher in August vs. the same month a year ago, but just barely — an increase of less than 1% due to ...
China’s Electric Car Makers Poised To Raise Their Game In Europe
LYNK&CO 01 SUV car on the Auto Expo. LYNK&CO, is a new high-end auto brand jointly developed by … [+] GEELY Automobile and Volvo Motor. (Photo by Zhang Peng/LightRocket via Getty Images)...
When Does New-Car Supply Bounce Back? Not In July, Or In 2022, Either
Sure, people are complaining about gas prices and interest rates, but that doesn’t seem to be … [+] curtailing high demand, or high new-vehicle prices. Los Angeles Times via Getty Images D...
North America Auto Production Slowly Rebounds: S&P Global Mobility
Ford Motor Co. Dearborn Truck Plant Photo: Charlotte Smith/Ford Motor Co. North American auto production is rebounding somewhat in 2022 – S&P Global Mobility said this week it expects production o...
U.S. Auto Sales Forecast Gets Another Haircut, Mostly Due To Low Supplies
Forecasters trim expectations for improvement in U.S. auto sales this year. Low inventory is mostly … [+] to blame. Portland Press Herald via Getty Images Cox Automotive cut its 2022 U.S. auto s...
New Cars And Trucks, And The Dealerships That Sell Them, Too
High profits have auto dealerships selling like hotcakes. Getty Images Auto dealers are knocking on wood, but so far, nothing much seems to be making a dent in the current streak of record profits for...
Dealer Profits On Auto Finance Way Up; It’s Not The Interest, It’s The Add-Ons
Auto finance is a major profit center for U.S. auto dealerships. Dealers say they make much more on … [+] products like service contracts, and not so much on their share of the customer’s ...
New-Car Supply Is Low, And Demand Remains High
The front row conceals empty spaces outside a Toyota dealership in California. MediaNews Group via Getty Images Expect U.S. auto sales in April to fall around 20% vs. April 2021, due to low new-vehicl...
High Demand, Low Supply, High Prices Make It A Bull Market For Car Dealerships
A Chevrolet dealership in Colorado Photo: Chevrolet Car dealerships are buying each other up at a record pace. That’s a sure sign, dealers are confident in the long-term health of the auto retail indu...
Auto Sales Fall Again In March; Chips Are Down, Prices Are Up
A 2021 Chevrolet Tahoe on the assembly line at GM’s Arlington Assembly plant. Photo: GM U.S. auto sales are expected to fall more than 25% in March vs. March 2021, due to the shortage of new cars and ...
High Prices Persist, Even Though Automakers Build More Cars And Trucks In 2022
Ford Motor Co.’s Kansas CIty Assembly Plant FORD: David Kaup LAS VEGAS — Automakers can probably build an additional 2.6 million to 3.2 million vehicles this year vs. 2021, but even that many ve...