Insights & Resources

Newsletter

While Hyundai and Kia have seen reductions in vehicle sales for the 5th consecutive month, Toyota and Honda have recorded these drops for th...

Newsletter

July sales results are trending downward with a predicted 10.8% drop in retail sales and a 0.9 million unit drop in SAAR compared to this mo...

Newsletter

Unsold used car inventory has increased by 5% from the prior year to 2.46 million units. Used-vehicle costs have started to gradually declin...

Newsletter

With prices rising 1.3% in June over May and 9.1% year over year, inflation isn’t showing any signs of slowing down. The largest driver of i...

Newsletter

A 25% decrease in U.S. auto sales has been recorded for Q2, with a forecasted annual rate of sales to fall between 13 and 13.8 million – a s...

Newsletter

Due to almost record-high new vehicle prices in May, dealers are unlikely to offer any discounts during this holiday weekend. Shoppers on th...

Newsletter

New car costs are nearly equivalent to the U.S. median household income – around $55,821 or about 41.3 weeks of income. Despite record high ...

Newsletter

Dealer sentiment has slipped for the fourth straight quarter. Opinions toward inventory levels have flip-flopped year over year, with outloo...

Newsletter

May 2022 sales volume totaled 1.1 million units, a 29% year over year decline. Thus far, accumulated sales for 2022 have dropped 19%, settli...

Newsletter

In the first half of May, dealers paid 12.1% more for the average used car than they did last year. The result is inevitable – buyers are se...

Newsletter

As of January 1st, 2022, the average age of light vehicles in operation has risen consecutively for five years, reaching a record age of 12....

Newsletter

In 2021, Texas led both in the number of buy-sell transactions completed and the number of individual dealerships in the state sold. Of the ...