Sales were buoyed by expectations that prices would rise even more soon, tarrif concerns, and now-ended electric vehicle tax credits.
Ahead of the planned 25% auto and retaliatory tariffs for April 2, Gretchen Blough, a customs broker manager, talks about the impact of trade and tariffs on importers.
More inventory is good for buyers.
Texas has joined the list of states that don’t require annual vehicle check-ups. With or without the regulation, there are costs for motorists.
As the market matures, used EV batteries will start piling up. New standards might encourage changes in manufacturing.
An unsustainable burst of early-adopter enthusiasm stoked investment. But that was followed by a changing economy.
The vehicle industry is surprisingly resilient this year. Many people have been waiting for lower costs but can’t hold out any longer.
A hack on CDK Global, the system many dealerships use to track sales and service, is forcing them back to the analog era.
The cost of car maintenance and repair is rising much faster than inflation.
New light vehicle sales, including cars, SUVs and pickups, were up about 20% in June from this time a year ago.
