Tag: new vehicle sales

Floorplan interest expense increased at publicly traded auto retailers with three retailers tallying triple-digit year-over-year increases, while finance and insurance ...

Cat Financial, the finance subsidiary of equipment manufacturer Caterpillar, posted increased revenues despite declining new business volume thanks to favorable ...

Vehicle sales remained mixed across the country at the end of 2022 as holiday traffic bolstered sales in some regions ...

Last year proved challenging both for carmakers and buyers. Higher interest rates,  dogged inflation and price hikes on gas and consumer goods reduced monthly ...

BMW AG outsold rival Mercedes-Benz AG for the second year in a row by better navigating the supply-chain issues hampering ...

New-vehicle sales are expected to improve in 2023 as 2022 numbers are projected to come in well below 2021 levels ...

Incentives are expected to tick up in November as more inventory reaches dealer lots and consistently rising interest rates push ...

Vehicle sales were mixed in November as rising interest rates discouraged buyers even as supply rebuilt and demand remained robust.  ...