Industry expected to grow as economies leave recession fears behind and inflation subsides.
Post-pandemic settling to bring normalcy, falling dealer profit.
S&P Global Mobility offers a conservative 2024 outlook as it sees financial pressures continuing to limit demand.
Opposing market forces should achieve a balance; the question is whether a postpandemic norm has been established, Edmunds says.
Dealer profits still high, though fewer units marked above MSRP.
Forecast shows rising sales, inventory, and good 2023 outlook.
Mitsubishi Corp. has raised its full-year net profit forecast by 21% to a record 1.03 trillion yen ($7 billion).
Tesla plans to increase production of Model Y and Model 3 EVs in Q4 and keep growth going as newer factories in Austin and Berlin come online in 2023.
Black Book published new insights to their weekly COVID-19 Market Updates, including wholesale prices, retail listing prices, overall wholesale sold volume, used retail listing volume, and BEV sales outlook.
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