Data shows car buyers are putting less money down and turning to longer loan terms at record levels as affordability pressures persist.
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March, however, typically sees stronger sales compared to February, but ongoing affordability issues, inflationary pressures and interest rates are affecting the market.
Automakers want to restrict access to repair data so consumers will be driven to use more expensive automaker parts and OEM dealerships for repairs.
In six past oil supply shock episodes, auto sales dropped by more than 10% of average sales. Three times, they dropped by 40% or more.
CNCDA lawsuit alleges defendants knowingly violated California franchise laws by competing directly against their Honda and Acura franchisees.
Read the highlights from the California New Car Dealers Association's just-published 2025 Economic Impact Report.
Board concludes Scout is not a “same-line” manufacturer as VW, Audi, or Porsche and therefore qualifies to operate as a direct-to-consumer dealer, prompting lawsuit.
