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And, with higher new-car inventory on dealer lots now compared with a few years ago, many carmakers have been offering incentives. ... There was a 5% drop in car buying between January through ...
New car prices have been falling for most of 2023, with the average new car selling for $47,936 in October, Kelley Blue Book reported. Overall, new car prices are down 1.4% since October 2022 and ...
June is the worst month to buy a used car, with 30.4% fewer deals than average. May (-27.8%) and July (-22.5%) are also tough months for bargain hunters. And bad news for fathers hoping for some ...
Shortages of computer chips and other parts continued to hobble the U.S. auto industry last year, contributing to vehicle sales dropping 8% from 2021 to their lowest level in more than a decade.
The volatility in the used car market rolled on in 2022, but there might be some relief for car buyers coming this year. ... Used car prices post biggest drop ever as new luxury car sales boom ...
Meanwhile, Japan’s Nissan will cut production of its Rogue SUV and Frontier pickup due to rising inventories, with global sales dropping over 5% in August. Nissan’s product mix in the US ...
Used car prices fell by 10.9% over the past year, marking the third-largest drop in prices across all goods and categories that the CPI tracks. Rental and new cars also got cheaper, with prices ...
New car sales hit 1.95 ... fleet sales to businesses have been supporting the car market in 2024 with the level of private car sales dropping below 2020 pandemic levels when car retailers were ...