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Consumers get a three-fold break in October as affordability conditions take a turn for the better.
https://www.autodealertodaymagazine.com/374985/new-vehicle-picture-brightens
The ATP is still elevated despite still-rising incentive packages as the year wanes.
https://www.autodealertodaymagazine.com/374959/new-vehicle-prices-see-little-change
October dawns much like October five years ago before Covid disrupted the market.
https://www.autodealertodaymagazine.com/374791/new-vehicle-normality-sets-in
Segment achieves record market share in Q3 as incentives help bridge the price gap with non-EVs.
https://www.autodealertodaymagazine.com/374756/ev-sales-slow-but-steady
Average payment at two-year low while income needed to buy the least in three-plus years.
https://www.autodealertodaymagazine.com/374559/auto-consumer-affordability-brightens
Incentives get closer to prepandemic high as dealers try to mitigate flush inventories.
https://www.autodealertodaymagazine.com/374537/new-vehicle-prices-inch-down
Cox sentiment index shows they continue to descend from pandemic highs as they feel uncertain about the fall election.
https://www.autodealertodaymagazine.com/374497/dealers-outlook-subdued
July numbers reflect market volatility following weeks-long software shutdown following cyberattacks.
https://www.autodealertodaymagazine.com/374345/used-sales-up-after-cdk-outage
Despite that and rising incentives, conditions still challenging for consumers.
https://www.autodealertodaymagazine.com/374331/new-vehicle-price-drops-continue
Cox Automotive survey finds that most access customer statistics, but many struggle to feel good about the results.
https://www.autodealertodaymagazine.com/374245/dealer-data-doldrums-revealed