Aug 15, 2024
------------------------------------------------ FTC and Arizona AG charged dealership and key employee with using bogus online pricing to entice consumers, tacking on thousands in junk fees, and charging Latino consumers extra FOR RELEASE: August 15, 2024 The Federal Trade Commission and State of Arizona are taking ac ... Continue reading
SUBARU ANNOUNCES PRICING ON 2025 ASCENT 3-ROW SUV
Aug 15, 2024
Aug. 15, 2024 -- Subaru of America, Inc. today announced pricing on the 2025 Ascent, the award-winning 3-row SUV, offering a spacious interior with flexible seating options and an impressive list of standard safety, driver assist, and in-vehicle technologies. ... Continue reading
Cox Automotive Update: It's All About Credit
Aug 14, 2024
This week our team is sharing the latest look at auto loan availability, average transaction prices (ATP) for new vehicles in July and, tomorrow, an update on new-vehicle inventory levels and average listing prices. As is so often the case, these industry tea leaves are all closely linked. ... Continue reading
The First Polestar Manufactured in the USA: Production of Polestar 3 Starts in South Carolina
Aug 14, 2024
Polestar announces that production of its luxury SUV, Polestar 3, has started in South Carolina, USA. This makes the Polestar 3 the first Polestar to be produced on two continents. ... Continue reading
New-Vehicle Sales Incentives Climb Higher in July
Aug 13, 2024
Average new-vehicle incentives in July reached 7.0% of the transaction price, the highest level in more than three years and nearly 60% above levels recorded one year ago. The average transaction price (ATP) of a new vehicle in July was $48,401, down 0.2% from one year ago. ... Continue reading
Aug 11, 2024
Special From Quroa Nathan Mowrer E-7 at U.S. Air Force (2006–present)Jun 7 Say I walk into a car dealership with the funds to pay in full. I walk up to a salesman, point to a brand new car on the showroom floor, and say: "I want that one." No test drive, no trade in. ... Continue reading
Nutson's Weekly Automotive News Wrap-up August 4-10, 2024
Aug 11, 2024
Here are Larry's top story picks from this past week's important to you, relevant, semi-secret, or snappy automotive news, opinions and insider back stories ... Continue reading
Production of Ram 1500 Classic Ends at Warren Truck Assembly Plant
Aug 10, 2024
Auburn Hills, Mich. August 9, 2024 The Ram 1500 Classic has been a great entry point pickup for Ram and the Tradesman model has well represented the needs of commercial truck customers for years. ... Continue reading
Aug 8, 2024
TROY, Mich.--Automotive lending has been quickly transformed by artificial intelligence (AI) with the promise of faster, more accurate and more cost-effective credit decisions and approval processes. Auto dealers are not exactly ready to embrace the new technology. ... Continue reading
2025 Acura RDX New Styling, Cabin Updates and Enhanced Technology
Aug 7, 2024
August 7, 2024 — TORRANCE, Calif. 2025 Acura RDX gains more distinctive look with new ... Continue reading
Honda July 2024 Auto Sales Up 8%
Aug 1, 2024
August 1, 2024 American Honda sales total 120,737 units in July, led by balanced sales of cars, light trucks and electrified models Honda Honda brand continues strong sales momentum, topping 109,500 units in July, and 6th straight month above 100,000 units. Brand is up almost 12% for the year. ... Continue reading
Mazda Reports July Sales Results
Aug 1, 2024
IRVINE, Calif. , Aug. 1, 2024 -- Mazda North American Operations (MNAO) today reported total July sales of 39,866 vehicles, an increase of 30.2 percent compared to July 2023. ... Continue reading
Jul 31, 2024
Karma Automotive, California's first and only ultra-luxury automaker, today launches Karma Connect, a proprietary Vehicle Data Management (VDM) and Over The Air (OTA) services platform which will redefine the experience of owning a Karma automobile both today and tomorrow, and as the company will be making these first- ... Continue reading
J.D. Power-GlobalData U.S. Automotive Forecast for July 2024
Jul 26, 2024
TROY, Mich--J.D. Power: The Total Sales Forecast Total new-vehicle sales for July 2024, including retail and non-retail transactions, are projected to reach 1,340,500, a 2.8% increase from July 2023, according to a joint forecast from J.D. Power and GlobalData. July 2024 has 25 selling days, the same as July 2023. ... Continue reading
Cox Automotive Forecast: New-Vehicle Sales Pace Expected to Rebound After June Disruptions
Jul 25, 2024
July's new-vehicle sales pace is forecast to finish near 16.0 million, up 0.1 million from last July's 15.9 million pace and up from June's surprisingly low 15.3 million level. Sales volume in July is expected to fall 1.3% from one year ago and reach 1.29 million units, a 3.4% decline from June. ... Continue reading
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