Q3 New-Car Sales Mixed
GM surges, peers also gain, though some see declines amid market pressures.
GM surges, peers also gain, though some see declines amid market pressures.
AAA study finds technology chokes at higher speeds, moving vehicles in its path at intersections.
Sales fall due to customer affordability concerns. Company offering lower-priced models, cutting its costs.
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.
The average interest rate paid on a new vehicle purchase hit 5.7% in September, up from about 4% in 2021.
CEO Carlos Tavares reported he expects the semiconductor supply chain to remain tight until the end of 2023.
Cox Automotive's quarterly review allows us to see how the market has progressed compared to expectations.
ZeroSum predicts that by the end of September, new vehicle inventory will be up 16.69% from the start of August while used vehicle inventory will be down 1.15%.
September U.S. auto sales, when confirmed next week, are expected to show a new-vehicle market mostly unchanged from previous months and still stuck in low gear.
The U.S. Transportation Department (USDOT) has approved electric vehicle (EV) charging station plans for all 50 states, Washington D.C. and Puerto Rico.
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