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The Latest News about automobile sales

Average loan amount and monthly payment for new vehicles reach record highs

Ford car lot auto dealership car sales

Many industry pundits expect new vehicles sales to continue their downward trend. According to Experian’s State of the Automotive Finance Market Report released today, one reason for the trend may be the rise in loan amounts, monthly payments and interest rates for new vehicles. In fact, average new vehicle loan amounts and monthly payments recently hit record highs. Findings show ...

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Ford Motor Company U.S. Sales Up 18 Percent

2013 Lincoln MKZ

Ford Fusion, Ford Escape and new Lincoln MKZ Set Sales Records DEARBORN, Mich., May 1, 2013 /PRNewswire/ — Ford Motor Company April U.S. sales up 18 percent compared to last year – best April sales since 2007, with cars up 21 percent, utilities up 16 percent and trucks up 16 percent Fusion and Escape both establish April sales records, with sales increases ...

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