Does the Tesla Model 3 qualify for the $7,500 EV Tax Credit? (PDF) Yes, according to Tesla (but not yet the IRS), the entry-level Tesla Model 3 qualifies for the full $7,500 federal tax credit. Read moreInsurance Bad Faith By StateIn a recent development that has caught the attention of
Auto Incentives and Rebates Week Ending Jun 17, 2023 (PDF) Welcome to our highly anticipated weekly update on the most captivating auto incentives and rebates currently on offer! Whether you’re in the market for a stylish new car, a sturdy truck, or a versatile SUV, we have you covered with
Auto Market Update Week Ending Jun 10, 2023 (PDF) In the latest Auto Market Update, the industry witnessed a continuation of declines across most segments, highlighting a trend that surpasses typical expectations for this time of year, especially when compared to pre-COVID market conditions. However, amidst the downward trajectory, the
Interest Rates Test Dealerships in Favorable Market (PDF) The U.S. automotive market continues to thrive, bringing optimism to franchised dealerships across the country. According to the latest quarterly index survey conducted by Cox Automotive, dealers expressed satisfaction with the current market conditions and anticipate further growth in the coming months.
2019 GMC Terrain Loss in Value Case Study (PDF) The 2019 GMC Terrain offers a range of options, making it appealing at higher trim levels. While the base model may not offer some of the active safety features that come standard in its competitors, upgrading to higher trim levels unlocks
May Auto Market Report: Trends & Challenges in Automotive (PDF) The automotive market experienced a series of ups and downs in the month of May, with notable declines and minimal increases across various segments. As we delve into the market report for May, we observe a shift in trends and
Auto Market Update Week Ending Jun 3, 2023 (PDF) Welcome to our latest Auto Market Update! In this week’s report, we’ll delve into the recent performance of the market, highlighting key trends and notable developments. Last week, the auto market witnessed a decline of 0.31%, exceeding the usual drop of
Exploring NHTSA’s Ambitious Plan to Reduce Road Accidents (PDF) In a remarkable move to prioritize road safety, the National Highway Traffic Safety Administration (NHTSA) has unveiled a groundbreaking proposal aimed at slashing the number of road injuries by a staggering 24,000 each year. This bold initiative requires automakers to equip
2021 Chevrolet Colorado Loss in Value Case Study (PDF) The 2021 Chevy Colorado and its counterpart, the GMC Canyon, offer practicality and versatility in a mid-size pickup. They excel in towing and payload ratings while being more maneuverable than full-size trucks. The Colorado offers three engine options, including a quick
Tesla Model Y Takes the Crown as Q1’s Best-Selling Car (PDF) Tesla’s Model Y has revolutionized the automotive industry, captivating consumers worldwide and securing its position as the best-selling car in the first quarter of this year. With an astonishing sales figure of 267,171 units, this premium midsize crossover surpassed
Auto Incentives and Rebates Week Ending Jun 3, 2023 (PDF) Welcome to our highly anticipated weekly report on the most enticing auto incentives and rebates currently available! Whether you’re in the market for a sleek new car, a rugged truck, or a versatile SUV, we’ve got you covered with the
Auto Market Update Week Ending May 27, 2023 (PDF) Last week witnessed a further decline in the market, especially in the Truck segments. Notably, the rate of depreciation accelerated, leading to the most significant weekly drop since late January this year. The Full-Size Van segment also experienced a substantial decline,
Tesla’s Reputation Slumps Amidst GM and Ford’s Upward Trend (PDF) In a recent survey conducted by Axios, it has come to light that Tesla’s reputation has suffered a significant decline over the past year, while other car manufacturers have made improvements in their standings. The Axios Harris Poll 100 reputation
2020 Toyota Tundra Loss in Value Case Study (PDF) The 2020 Toyota Tundra is a full-size pickup truck that embodies ruggedness and reliability. With its potent and proven V8 engine, the Tundra offers impressive power for hauling and towing tasks. It is a capable off-road vehicle, especially with the specialized
The Rise of Cash Deals in F&I Offices (PDF) The percentage of “cash deals” in auto dealership finance-and-insurance (F&I) offices have been steadily increasing over the past year. This trend, however, poses a challenge for dealerships as they earn revenue by arranging loans between lenders and consumers. When customers pay
Auto Market Update Week Ending May 20, 2023 (PDF) In the overall market, declines continued last week, with only a few segments showing small increases. As with other segments of the market, 2-to-8-year-old vehicles declined -0.13% last week. 0-2-year-old vehicles declined -0.12%, and 8-to-16-year-old vehicles declined -0.17%. The overall Car
Toyota Tacoma: Dominating the Midsize Pickup Segment Anew (PDF) In the realm of midsize pickups, the 2024 Toyota Tacoma stands tall, ready to defend its dominance against formidable rivals. Toyota’s latest offering boasts a redesigned look, an optional hybrid powertrain, enhanced ride quality, and an impressive technological upgrade, signaling its
2022 Kia Forte Loss in Value Case Study (PDF) The Kia Forte is a standout in the compact sedan market, offering sharp style, impressive fuel economy, and a range of standard features at a competitive price. With its recent updates, the Forte solidifies its position as a compelling option. Read
How Chinese EVs Will Transform the US Vehicle Market (PDF) Prepare for a game-changing transformation in the US car market as Chinese automakers gear up to disrupt the industry with their affordable electric vehicles (EVs). Years of preparation and planning have brought these companies closer than ever to making their
Auto Market Update Week Ending May 13, 2023 (PDF) Auto Market declines continued this week, down -0.15%, not far from what we’d typically see at this time of year for seasonal declines. The pre-COVID market averaged a decline of -0.20%. Last week, only two of the nine Car segments increased.
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