Carmakers Post Strong Year-End Sales

Loosening inventories balance economic pressures, including rising interest rates.
Loosening inventories balance economic pressures, including rising interest rates.
Details of CX-90 to be fully revealed in January.
Mazda Motor Corp. reports sufficient parts inventories will keep production status quo despite COVID lockdowns at Chinese suppliers.
Expects weakened U.S. market in the spring.
Honda points to continued supply issues as overall industry inventory improves.
Sunbit technology is currently available in 111 MNAO dealerships.
The Toyota brand led the latest signs of a recovering and booming market with the automaker putting its preliminary seasonally adjusted, annualized rate of sales at 17.8 million.
Toyota Motor Credit will offer loans, leases, and F&I products to Mazda’s U.S. dealers and customers, replacing the JPMorgan Chase-backed Mazda Capital Services as the factory’s captive finance company.
Mazda has attempted to cancel its franchise agreement with a Texas dealer for failing to complete Takata airbag recall orders. The matter will be decided in a hearing ordered by state regulators.
Kelley Blue Book editors rank and comment on the 10 Best Back-to-School Cars for 2019, all starting at around $20,000 or less and still available on new-car lots.
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