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Looking for a New Car Deal? Follow the Fireworks

Looking for a New Car Deal? Follow the Fireworks

If you’re looking for a good deal on a new vehicle, then the July 4thholiday may give you multiple reasons to celebrate America’s independence. Automakers are offering a variety of deals hoping to entice buyers to dealership on their way to see fireworks. This holds...
New Vehicle Sales Expected to Drop in June

New Vehicle Sales Expected to Drop in June

Carmakers will finish the first half of 2019 with a dip in sales for June as retail sales sputter, analysts said this week. Cox Automotive is forecasting June U.S. auto sales volume to decline nearly 2.7% from last year, or about 40,000 units, falling to 1.51 million....
UAW Chides Trump Administration about Emissions Plans

UAW Chides Trump Administration about Emissions Plans

A Congressional subcommittee heard testimony this week that the Trump administration proposed changes to the existing emissions and fuel economy requirements would reduce employment in the auto industry and open the car business to junk science. Josh Nassar, the...
Nissan Recruits New Design Chief from Lincoln

Nissan Recruits New Design Chief from Lincoln

Nissan has hired away the top designer at the Lincoln brand from the Ford Motor Co. to serve as its new design chief in North America. David Woodhouse, who has overseen Lincoln design during Ford’s recent efforts to revive the brand, will serve as vice president,...
Auto Loans, Payments Reach Record Highs

Auto Loans, Payments Reach Record Highs

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...