Automakers got to celebrate a bit in March as new vehicle sales jumped 10.7% compared to year-ago numbers. However, that celebration is likely to be short-lived, if the assertions in a new report prove true. The tome authored by Telemetry’s Sam Abuelsamid predicts sales will fall 1.8 million units in 2025 and the next several years don’t look much better, reports Headlight.News.
If you’re in the market for a new vehicle before the anticipated price increases due to tariffs hit window stickers, there are some good values to be had. According to Cars.com, Nissan and Ford are leading the pack when it comes to good deals. Check out the details at Headlight.News.
Consumer confidence, a key ingredient for healthy vehicle sales, is slipping, according to new polls And with buyers already wary of price hikes, New increases, triggered by President Donald Trump’s broad tariff policies could translate into a sharp market slump, report Headlight.News.
Consumers getting tax refunds help drive the used car market early in the year and since tax refunds are up 7% compared to last year, it follows that used car sales are up during the same period. However, sales were up 16% in February, which is well ahead of the year-ago results. Find out more at Headlight.News.
The latest J.D. Power U.S. Customer Service Index revealed customers were happier with dealer service departments for the second straight year. However, the results also show that dealers are missing chances to improve the experience and engender more loyalty from vehicle owners. Headlight.News has details.