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New Experian report shows average loan amount increases tapered off, while average terms decreased.
https://www.autodealertodaymagazine.com/370253/one-in-four-vehicles-financed-by-credit-unions-in-q4-2022
The first week of March started off as expected with sales rates continuing to increase across the country.
https://www.autodealertodaymagazine.com/370251/black-book-weekly-market-report-11
More cars are available, but record prices and rising interest rates will challenge customers.
https://www.autodealertodaymagazine.com/370201/nada-auto-shoppers-woes-to-continue-in-2023
Improved inventory levels and higher retailing cited for the sales boost.
https://www.autodealertodaymagazine.com/370196/hyundia-kia-and-subaru-report-sales-jump
Average manufacturer retail price nearly $50K, with some models exceeding six figures and $75K pickups the norm.
https://www.autodealertodaymagazine.com/370152/vehicle-affordability-a-rising-concern
Automaker to pause production at Fort Wayne Assembly truck plant, which builds full-size trucks.
https://www.autodealertodaymagazine.com/370151/gm-to-shutter-truck-plant-for-two-weeks
The automaker’s adjusted operating income from North America soared 23% to $14.8 billion.
https://www.autodealertodaymagazine.com/370144/stellantis-sees-surge-in-adjusted-operating-income
Cox Automotive forecasts sales will increase nearly 4% from 2022 and from January 2023.
https://www.autodealertodaymagazine.com/370143/modest-gains-in-february-new-vehicle-sales
Now in week three of February, we continue to see the wholesale market improving.
https://www.autodealertodaymagazine.com/370127/black-book-weekly-market-report-10
According to EV-Volumes data, from Jose Pontes, five OEMs handled more than half of all EV sales.
https://www.autodealertodaymagazine.com/370072/5-automakers-handled-half-of-all-ev-sales-in-2022