Select Page
April Sales Sag a Bit as Tough Conditions Continue

April Sales Sag a Bit as Tough Conditions Continue

Nissan and Subaru posted sales increases during April, but Fiat Chrysler and Toyota sales fell in April as deliveries of new vehicles continued drop under pressure from rising prices and higher interest rates. For Subaru of America, April was another solid month with...
U.S. Auto Sales Hit the Skids in March

U.S. Auto Sales Hit the Skids in March

General Motors, Fiat Chrysler and Nissan all felt the bite from slowdown in sales in the first quarter, while Honda saw sales increase and Toyota held its own as sales of trucks and SUVs remained brisk. “The industry had a tough first quarter but with spring...
Analysts Predict New Vehicle Sales to Slide 2.1% in March

Analysts Predict New Vehicle Sales to Slide 2.1% in March

U.S. auto sales were predicted to fall this year, and due to bad weather, lower-than-expected tax refunds and some mixed economic inputs, March auto sales are expected to help ensure that prophesy comes true. New vehicle sales will drop 2.1% this month compared with...
Wintry Weather Drives Auto Sales Down in February

Wintry Weather Drives Auto Sales Down in February

Nissan, Toyota, Fiat Chrysler and Honda all reported sales declines in February as a combination of wintry weather and rising costs under cut the sales of new vehicles. Trucks and sport-utility vehicles continued to dominate the sales picture, but Nissan and Toyota...
Auto Loan Delinquency Rate Higher than Great Recession

Auto Loan Delinquency Rate Higher than Great Recession

The Federal Reserve Bank of New York reports that more than 7 million Americans are delinquent on auto loans, even more than during the Great Recession. The figures, which were part of New York Fed’s quarterly report on household credit, suggest that many...
GAC Coming in 2020; Chief Blames Delay on US-China Issues

GAC Coming in 2020; Chief Blames Delay on US-China Issues

The first Chinese automaker expected to make an incursion into the U.S. market has put on the brakes for a little while. GAC Motor is delaying its entry into the U.S. market until 2020, due in part to ongoing trade tensions between the U.S. and China. However, it may...
Rising Interest Rates Will Drive Auto Sales Down in 2019

Rising Interest Rates Will Drive Auto Sales Down in 2019

The Federal Reserve raised interest rates throughout 2018 and, as observers expect to confirm today, new vehicle sales rose year-over-year. However, experts predict that will be a one-time occurrence. There was a dip in automotive interest rates at the end of the year...