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The Latest News about U.S. Auto sales

The Basics of Getting a Car Title Loan

Top 10 new cars under 18000

The wide range of loan solutions available from lenders these days means there is something to suit all needs and preferences. However, the options are much more limited for those with low income and/or damaged credit than for those that earn a decent income and have good credit. For those in the former group, there are still solutions available and this ...

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Auto Loan Interest Rates Hit Nine-Year High in June

Ford car lot auto dealership car sales

Rates rise 17 percent since January as automakers curtail zero percent financing offers  Auto loan interest rates are expected to climb to their highest level since 2009 for the second month in a row in June, according to the car shopping experts at Edmunds. The annual percentage rate (APR) on new financed vehicles averaged 5.82 percent in June, compared to ...

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Report: Jeep Cherokee takes top spot in American-Made Index

Jeep Cherokee

Today, Cars.com (NYSE: CARS) released its annual American-Made Index to help car shoppers determine the “most American” vehicles of 2018. Vehicles at the top of the list have the greatest impact on the U.S. economy. To arrive at this list, Cars.com looked at which cars are manufactured in America, have the most American parts, and support the most American factory jobs. In ...

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Used Vehicle Prices Hit Record High

Car lot

Shoppers seeking bargains on used vehicles might find them harder to come by when they head to the dealership this summer, according to the latest Used Car Report released by the experts at Edmunds.  In the first quarter of 2018, the average transaction price for a used vehicle was $19,657. This reflects a 2.2 percent increase in sales price from the ...

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Report: The 8 Best Cars to Buy Now

Ford car lot auto dealership car sales

U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled June’s list of the Best Cars to Buy Now. “Auto sales were up in May, so some automakers will likely pull back on incentives, especially on popular models,” says Jamie Page Deaton, managing editor of U.S. News Best Cars. “Still, the Best Cars to Buy Now shows ...

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Gas Prices Hit Four-Year High, Truck and SUV Sales Not Affected

With the Trump economy in high gear, gas prices reached their highest point in four years in May, with a gallon costing motorists an average of $2.90. According to a new trend report released by the experts at Edmunds, car shoppers aren’t letting these rising costs deter them from buying the cars they want — notably, trucks and SUVs. “On the ...

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U.S. Auto Sales Forecast To Climb More Than 3 Percent In May 2018

Ford car lot auto dealership car sales

U.S. new-vehicle sales in May 2018 are expected to increase 3.1 percent compared to May 2017, according to a forecast released today by Cox Automotive. The seasonally adjusted annual rate (SAAR), projected at 16.6 million for this month, is expected to fall to its lowest level since August 2017. The forecast 16.6 million SAAR is down slightly from the 16.7 million level in May 2017, ...

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Trump teases ‘big news’ for American auto workers

Donald trump tweeting

President Donald Trump said Wednesday morning that “big news” is ahead for American auto workers. “There will be big news coming soon for our great American Autoworkers,” he tweeted. “After many decades of losing your jobs to other countries, you have waited long enough!” The White House did not clarify what the “big news” would be, but it would be ...

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Auto Sales Expected to Lift in May

Ford car lot auto dealership car sales

Edmunds forecasts that 1,565,683 new cars and trucks will be sold in the U.S. in May for an estimated seasonally adjusted annual rate (SAAR) of 16.7 million. This reflects a 16 percent increase in sales from April 2018 and a 3.5 percent increase from May 2017. A booming economy due to the Trump administration’s “America First” economic policies has auto consumers buying despite an increase ...

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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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Is General Motors Truly Back on Top of Auto World?

General Motors Corporation recently laid claim to being the world’s largest automaker, as headlined in The Detroit News  last month.  “General Motors Co. says it sold more than 9 million cars and trucks worldwide last year — a 7.6 percent increase that allowed the company to reclaim the title of world’s largest automaker.” After GM posted it’s profits and sales figures boasting ...

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