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Monthly and annual bumps forecasted. Slight inventory dip noted, though supplies up strongly YOY.
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S&P Global Mobility says brand loyalty, after taking a hit during the pandemic, is making a comeback.
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S&P Global Mobility offers a conservative 2024 outlook as it sees financial pressures continuing to limit demand.
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Almost half of respondents to a recent S&P Global survey say prices are excessively high.
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Projections for month put SAAR flat despite strikes.
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S&P Global Mobility reports auto loan delinquency exceeded recession-era highs in the first quarter.
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S&P Global Mobility research finds the average age of gas-powered U.S. cars and light trucks has climbed to 12.5 years.
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Milestone for EV maker in 2022 Automotive Loyalty Awards, reported S&P Global Mobility.
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Analysts forecast production of about 14.7 million cars and trucks this year in North America, an increase of 12.5% vs. 2021.
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S&P research shows the average vehicle age rose to 12.2 years in 2022, representing a 2% increase from 2021.
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