new cars

Carvana Expects New Car Production to Boost Used Car Sales
Carvana Expects New Car Production to Boost Used Car Sales
May 14, 2024  |  Transportation

Carvana reportedly expects that as more new vehicles are built, the company’s used car business will benefit. “There will likely be much more car production, and...

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High Interest Rates Drive New Records in Auto Loan Payments
High Interest Rates Drive New Records in Auto Loan Payments
October 06, 2023  |  Loans

The surge in interest rates has resulted in record-high loan payments for consumers who have borrowed money to purchase new cars. With one in five...

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Car Sales Climb as Drivers Finally Retire Older Vehicles
Car Sales Climb as Drivers Finally Retire Older Vehicles
October 02, 2023  |  Economy

American consumers may not want new cars, but they apparently need them. As Bloomberg News reported Monday (Oct. 2), car buyers are visiting dealerships “out of sheer...

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Auto Sales Slump Could Be a Crisis of the Sector’s Own Making
Auto Sales Slump Could Be a Crisis of the Sector’s Own Making
May 12, 2023  |  Retail

The Bureau of Labor Statistics (BLS) published a little-noticed piece last month analyzing the part auto dealers’ markups played in new car price tag inflation during...

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Car Dealers Say High Prices Are Scaring Off Buyers
Car Dealers Say High Prices Are Scaring Off Buyers
February 05, 2023  |  Consumer Insights

A spike in the price of new cars has both buyers and auto dealers worried. As The Wall Street Journal (WSJ) reported Saturday (Feb. 4),...

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