May Auto Sales Cool Off: Is the Tariff-Fueled Surge Over?
Will there be tariffs on imported automotive parts, or won’t there? Are vehicles built outside the country subject to tariffs? Will sales continue to surge?
Weaker Demand Dominates January Auto Market
Prices for new vehicles fell in January as weaker demand dominated the retail market. Car dealerships continued offering high levels of incentives compared to prices. Prices for used cars stayed flat in January, and consumer credit went down. The criteria for car loans were tighter than ever as more consumers ran into trouble getting approved […]
What Will the Automotive Market Look Like in 2024?
The automotive market has had quite a ride over the past couple of years. As we head into 2024, knowing what to expect and what factors are at play can help you put together a plan of action if you are looking to purchase a new or used vehicle. Today, we’ll take a closer look […]