by Michael Strong | Oct 9, 2019
After a tough set of sales results for automakers last month, zero percent financing appears to be coming back with a vengeance in October. U.S. News & World Report released its “Best Deals” for the Columbus Day holiday and while just a few months ago, it was...
by Paul A. Eisenstein | Sep 10, 2019
Volkswagen has a new look. The automaker’s familiar logo is getting a makeover designed to help it enter “a new era,” according to a senior executive who helped preview the makeover at the Frankfurt Motor Show on Tuesday. The outgoing logo, with its “V” and “W”...
by Paul A. Eisenstein | Aug 21, 2019
California regulators have launched a probe of Volvo’s pioneering subscription sales program, Care by Volvo, following dealer allegations that the flat-price service violates state franchise and consumer protection laws. If the California Department of Motor Vehicles...
by Michael Strong | Aug 19, 2019
Automakers are continually looking for ways to make their customers even more loyal to the brand and Audi’s the latest with its “Always Audi” program. Anyone leasing or buying a 2019 or newer Audi can get seven free rental days from Silvercar by Audi, the German...
by Michael Strong | Aug 15, 2019
With auto sales slumping this year, lenders are searching for ways to entice buyers back into showrooms. It worked in July as sales rose slightly for the first time in 2019, but only after lenders cut interest rates for three consecutive months, dropping new vehicle...
by Joseph Szczesny | Aug 14, 2019
Mercedes-Benz Financial Services is preparing to build a new headquarters in suburban Detroit. The new building is a replacement for the current headquarters in Farmington Hills, Michigan, of Mercedes-Benz Financial Services USA and regional headquarters for Daimler...
by Paul A. Eisenstein | Jun 26, 2019
For only the second time since the end of the Great Recession, U.S. auto sales are expected to decline this year, demand already down around 2% since January. And that’s only one of the many challenges that face an industry struggling with rising costs, tariffs, high...
by Michael Strong | Jun 7, 2019
Despite the fact that automakers are selling fewer vehicles, they continue to make more money per sale because buyers are borrowing more and, as a result, paying more each month for those new vehicles. The average amount borrowed to buy a new vehicle hit a record...
by Michael Strong | May 23, 2019
With Memorial Day weekend coming, it’s no surprise to find out that experts are predicting that the roads will be packed with drivers trying to get from one family function to another. However, if some of those drivers are smart, they’re out taking advantage of new...
by Joseph Szczesny | May 1, 2019
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...
by Joseph Szczesny | Apr 24, 2019
Porsche Cars North America is taking steps to reduce the carbon footprint of its customers in the U.S. PCNA is moving to use carbon offsetting at U.S. Porsche Experience Centers in Atlanta and Los Angeles. It has enrolled all cars at its two Experience Centers – and...
by Michael Strong | Apr 5, 2019
U.S. new car sales fell 5% in March, following the trend for the rest of the first quarter, in part due to rising interest rates on loans paired with falling incentives. In short, buyers can’t find a good deal on a new car, truck or sport-utility. Fortunately, U.S....
