Carmakers reported healthy sales in May as buyers continued to sign for new vehicles ahead of price Increases promised when the Trump tariffs take hold. Headlight.News has details.
new vehicle sales
Looking for a Good Deal on a New Car? It’s Not Getting Easier
Between rising prices courtesy of tariffs and other costs, interest rates still higher than consumers are used to and shrinking inventories, finding a good deal on a new vehicle is tougher than ever. Get details at Headlight.News.
Korean Brands Get Sales Boost in January
Korean automakers enjoy strong month in January, but Toyota sales stall as price increases loom and interest rate cuts are postponed. Get details at Headlight.News.
Consumers See Lower Prices as Automakers Enjoy Strong January Sales
Despite the winter storms and bitter cold that’s enveloped much of the U.S for a chunk of January, consumers appear to be finding time to go to auto dealers and buy new vehicles. They’re being rewarded with lower average transaction prices in the process. Get details at Headlight.News.
New Vehicle Sales Expected to Make Big Jump in August
The auto industry’s been expecting a big sales month at some point this summer in the wake of the CDK outage that cut into new vehicle sales in mid-June. Some thought it would come in July, but inventory levels we’re quite settled. But now it appears everything’s in place for a 7% year-over-year increase. Find out more at Headlight.News.
Automakers Moving New Vehicles, But Toyota’s Actually Selling Them, Report Says
Automakers continue growing a previously tight inventory of new vehicles. Having these vehicles on dealer lots gives consumers more choices — choices that turn into purchases eventually. New vehicle movement hit 1.2 million vehicles in May, which is a good sign. However, which automaker is building inventory, and which is selling vehicles is the key differentiator. Get details at Headlight.News.
Automakers Expected to Post Double-Digit Sales Gains for March
The run on strong new vehicle sales should continue in March, according to a forecast from J.D. Power and GlobalData. New vehicle sales are expected to jump 12.1% for March and 4.5% for the first quarter. Get details at Headlight.News.
Buyers Get a Break in 2023 as New Vehicles Slide
Everything seemingly costs more these days; however, consumers looking to buy a new vehicle saw the final amount they paid for a new car, truck or utility vehicle fall by 2.4% for the year. The year-over-year drop in prices came despite an uptick of 1.3% in the year’s...
New Vehicle Prices Dropped in November Compared to Year Ago
Consumers actually paid more for a new vehicle in November than October, but compared to last November prices fell 1.5%. It was the third straight month prices dropped when compared to year-ago numbers. Find out why at Headlight.News.
New Vehicles Get Slightly More Affordable in Third Quarter
Consumers have been concerned about the affordability of vehicles for some time now. Rising prices for new vehicles combined with a constant stream of interest rate hikes have made buying a new vehicle a more expensive proposition until recently. Find out what’s changed at Headlight.News.
That Vehicle You Want is Likely in Stock Again — Maybe With a Discount
The COVID pandemic and semiconductor shortage drained dealer inventories, leaving buyers scrambling to find the vehicle they wanted — even as dealers frequently tacked on thousands of dollars in markups. Now, however, inventories are rapidly getting back up to normal — though the UAW strike did cause production delays for a handful of domestic models. Better yet, you may find incentives on the model you’re looking to buy. Find out more at Headlight.News.
Automakers See Models Sales Gains in October
Months of high interest rates and higher payments slowed consumer enthusiasm for new vehicles in October, but remained strong enough for automakers to post gains. Check out what companies enjoyed the month the most at Headlight.News.