The National Automobile Dealers Association (NADA) is forecasting 15.5 million sales units for 2021 in the United States, with the expectation that those numbers will reach back into the 16 million range in 2022, according to Patrick Manzi, Chief Economist, …
Average new vehicle prices in the United States continue to surpass the $40,000 mark and were up more than 5% in January, according to Kelley Blue Book. KBB analysts reported that the estimated average transaction price for a light vehicle …
The NADA Show launched day two of its event with a conversation between Rhett Ricart, 2020 Chairman of the National Automobile Dealers Association (NADA) and veteran journalist Bob Woodward that, at the core, reflected on trust and transparency as they …
Ford has confirmed that the U.S. Justice Department and California Air Resources Board have closed a probe into an emissions-related issue regarding the OEM’s certification process. No action was taken. However, “Ford faces a class-action lawsuit from owners who claim …
After re-entering the Paris climate accord in January, U.S. President Joe Biden signed an executive order to suspend new oil and natural gas leases on public lands and waters to prioritize climate change and reduce carbon emissions. The move was …
A newly-elected U.S. administration, approved COVID-19 vaccines, and a strengthening economy have all helped boost auto sales in the country enough to cross the 2020 finish line with “promising momentum,” says Forbes. As for 2021, electric vehicles in more shapes, …
U.S. consumers in a healthy financial position to purchase a vehicle amid the pandemic are not holding back when it comes to upsizing to a larger vehicle with more amenities, according to Edmunds. Their data shows the average down payment …
The December 2020 forecast for annual vehicle sales in the United States is anticipated to close at nearly 15.54 million units — down from November’s 15.6 million pace and down 16.8 million units year-over-year, according to Cox Automotive. The 2020 …
Canadian wholesale vehicle prices for cars and trucks have now declined for a tenth consecutive week and the Canadian dollar set another two-year high, according to Canadian Black Book’s latest COVID-19 update. Its report from December 22 indicates that the …
Tesla and Wall Street helped the United States in 2020 move the automotive industry needle towards greater electrification, with signs pointing to an accelerated shift in 2021, according to Autoblog. Investors, it says, have concluded that the ICE dominance is …
In the United States, consumers are still travelling for the holiday period with 66 per cent opting to drive to their destination this year; they are unlikely to give up family time, but they are more likely to ditch party …
Honda is recalling 53,770 vehicles in Canada due to issues with rearview cameras, sliding door handles, and software. Affected vehicles include model year 2018-2020 Honda Odysseys, 2019-2020 Passports, and 2019-2021 Pilots. The OEM is also recalling 1.4 million vehicles in …
