Auto Incentives and Rebates Week Ending May 6, 2023 (PDF) Welcome to our weekly update on the latest auto incentives and rebates. This edition covers the retail incentives available until May 9th, with major automakers such as Ford and Toyota Motor North America offering exciting new deals. Keep in mind
Pickup Trucks Dominate Dealer Lots as Inventory Grows (PDF) Good news for those in the market for a full-size pickup truck: inventory shortages are easing, and wait times are decreasing. This shift in availability comes just in time for the spring selling season, which means dealerships may be better equipped
2022 Ford Bronco Loss in Value Case Study (PDF) The Ford Bronco is an iconic SUV that made its debut in 1966 and gained a reputation as a rugged, go-anywhere vehicle. After a 25-year hiatus, the Bronco returned to the market in 2020, and it has quickly become one of
How Subaru Became a Leader in Subcompact SUVs (PDF) Subaru has hit a major milestone with its Crosstrek subcompact crossover, as the automaker announces that the model has now sold over 1 million units. The Crosstrek was first introduced in 2012 and has since become Subaru’s fastest-growing nameplate ever. Even
Auto Market Update Week Ending Apr 22, 2023(PDF) Sporty Cars still reported some of the largest gains last week, while the market continued to report increases. In 2019, the segment had only recorded nine consecutive weeks of gains during the traditional spring market, but this season, the segment has recorded
The Updated List of EV Models Eligible for Tax Credits in the US (PDF) The US Treasury Department has removed nine electric vehicle models from the list of cars eligible for a $7,500 tax credit under the Inflation Reduction Act. New revised standards for qualification require that vehicles be assembled
2021 Honda Pilot Loss in Value Case Study (PDF) The Honda Pilot is a midsize three-row SUV that offers ample space, comfort, and performance. It can seat up to eight passengers, including adults in its roomy third-row seat, and offers plenty of cargo space. The 2021 model year features a
Tesla Sales Growth Slows Despite Price Cuts (PDF) According to new vehicle registration data, Tesla’s growth rate has slowed down in January and February 2023. Tesla’s share of the electric vehicle (EV) market dropped sharply in 2022 despite the automaker’s price cuts and the US government’s new round of federal
Auto Market Update Week Ending Apr 15, 2023 (PDF) Although values continued to rise last week, the rate of gain has slowed. Additionally, auction conversion rates are weakening as sellers have held firm on their floors. With fewer bidders tuning into many lanes, auctioneers are having to work a little
Electrifying Growth: 75% Of Cars Could Be EVs by 2050 (PDF) According to a recent report from Energy Innovation, if certain states in the US follow California’s ban on gasoline vehicle sales by 2035, as many as 3 in 4 vehicles on American roads could be electric by 2050. The
2023 Chevrolet Malibu Loss in Value Case Study (PDF) As a midsize sedan, the Chevrolet Malibu has been in production since the 1960s. Over the years, it has evolved from a muscle car to a family sedan. Despite the struggle to compete with other midsize family sedans since its introduction
Used Cars That Appreciate Despite a Softening Market (PDF) Typically, automobiles don’t appreciate value. However, in 2022, the global market experienced an unprecedented shift, causing pre-owned cars to trade for an average of 8.5 percent more than new cars. Fortunately, the market has since returned to normal, and this is
South Florida Flood Leaves Cars Under Water (PDF) South Florida has been hit by heavy rainfall in recent days, causing flooding in many low-lying areas and neighborhoods. Temporary pumps were deployed in various locations, but some areas still experienced minor flooding, such as Edgewater. The situation has resulted in cars
The Rise of Credit Unions in the Auto Financing Market (PDF) Credit unions are expected to remain strong competitors in the auto financing market in 2023, following their exceptional performance in 2022. During Q4 of 2022, credit unions originated 27% of all auto loans and leases, making them the largest
2020 Chevrolet Silverado Loss in Value Case Study (PDF) If you are in the market for a used full-size pickup truck, the 2020 Chevy Silverado 1500 is a great option. The Silverado is comfortable to drive, it maneuvers confidently, and it has some serious hauling and towing capabilities. A turbo
The Road Ahead for Used Car Sales and Prices (PDF) As the pandemic continues to impact the global economy, the used car market is experiencing a significant shift. According to Laura Wehunt, VP of Automotive Valuations for Black Book, the demand for quality used units remains high, with inventory available
Auto Market Update Week Ending Apr 1, 2023 (PDF) In another week of larger-than-typical gains, the market increased by +0.51%. The market continues to decline in full-size and compact vans, but the rate of decline is decreasing each week. Nineteen of the twenty-two segments we report on each week had
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