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January Auto Sales Chilled
The month is set to be off last year, J.D. Power predicts, though its full-year outlook is less gloomy, and dealer profits are up despite the odds.
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SEARCHMENUSEARCHThe month is set to be off last year, J.D. Power predicts, though its full-year outlook is less gloomy, and dealer profits are up despite the odds.
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Record high used car prices will deflate. The question is how fast the bubble will burst.
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Japan's factory output skyrocketed in November, as supply chain bottlenecks eased globally.
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Winter and Christmas sales events make for a busy end of year for dealers, but the last two weeks of the year are traditionally slow for the auctions and that held true this year.
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The Biden administration has reversed a rule issued under U.S. President Donald Trump that sought to quash California's vehicle emissions regulations.
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U.S. faces tough choices in 2022 on mines for electric-vehicle metals.
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So far the omicron variant has not impacted consumer sentiment or economic activity but creates some uncertainty as winter begins.
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As calendar year 2021 comes to a close, wholesale prices continue to rise, and noticeable differences can be seen compared to prior calendar years.
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Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.
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Edmunds predicts 15.2 million new cars sales in 2022, a 1.2% increase from its 2021 vehicle sales estimate.
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Ford/Lincoln and Honda/Acura joined ten other automakers this year in fulfilling a voluntary commitment to equip nearly all the light vehicles they produce for the U.S. market with automatic emergency braking.
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