According to the Cox Automotive June sales forecast, the seasonally adjusted annual rate (SAAR) of new-vehicle sales this month is expected to hit 13.8 million, up from last month’s 12.7 million pace but well below last year’s 15.5 million level.
Buick ranks highest overall in J.D. Power Initial Quality Study; Genesis ranks highest among Premium Brands.
Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a EU plan to ban the sale of new gasoline and diesel-powered vehicles in 2035 by five years.
The FTC hopes the proposed rule will save consumers time and money and ensure a level playing field for honest dealers.
For the first time since the week of April 18th, the overall market reported softening last week.
CFO Vikram Arora and SVP of Sales Brett Petersen aim to drive CBC’s expansion.
Rob will be responsible for driving sales strategy and ensuring the ongoing generation and production of new business through successful management and coaching of a high-performing sales team.
European and North American automakers cut around 25,000 additional vehicles from their production schedules last week.
Kerrigan Advisors’ Erin Kerrigan sees a positive, record-breaking buy/sell market for 2022 and maybe into 2023.
The automaker will stick to its plan to list its Porsche sports-car maker later this year as to finance its pivot toward electric vehicles (EVs).
NHTSA has announced occupant protection safety standards for vehicles with automated driving systems, covering everything from seatbelt reminders to advanced airbags.
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) were essentially unchanged from May after the first 15 days of June.
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