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Over half of insurance holders ages 18 to 29 reported to be 'somewhat' likely to change providers in the next 90 days, according to CivicScience, which found that interest was lower among older age groups.
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CarGurus' New Car Demand Index fell over 3% year-over-year in January amid declining consumer confidence and sentiment driven by current economic concerns.
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The historically less expensive buying month presented consumers with higher ATPs and MSRPs than it ever has, Cox Automotive found. A large part of the inflation comes in many shoppers’ taste for size.
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A TransUnion study found that relationship-driven sales models proved to be important, as consumers who used an agent had a lower shopping intensity than those going it alone.
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Growing access shows greater lender appetite for risk as consumers take on heavier debt burden in an inflated market.
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Many vehicle segments experienced gains last week as conversions picked up. Meanwhile, the retail days to turn estimate stood at 39, analysts reported.
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Electric-vehicle inventory dropped in December, according to S&P Global, but the hybrid market saw about a 19% year-over-year increase in supply despite being down from November.
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Over half of prospective car buyers responding to a TransUnion survey expressed intent to purchase a gas-powered vehicle this year.
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David Wright of Iowa rises to the top of nearly 50 nominees across the country on his record of business growth and contributions to his dealership’s community.
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JD Power is launching a new system, Power Platform, that will allow customers to access multiple JD Power solutions via a single platform and sign-in that will streamline users’ experiences.
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The electrification leader pulls back on the segment it leads in response to domestic saturation, other countries’ protectionist stances, and new, lucrative tech.
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