Nissan reports quarterly financial results on Tuesday, November 9. It marks the second quarter – the halfway point – of Nissan’s fiscal year that ends March 31, 2022. The global computer chip shortage forced Nissan to cut production, with some…
October saw an acceleration of job gains as the labor market is improving following the peak of the Delta variant wave and the end of the pandemic unemployment assistance in September. New-vehicle sales showed gains over September, which posted the…
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 9.2% month over month in October. This brought the Manheim Used Vehicle Value Index to 223.7, a 38.1% increase from a year ago. Some of the monthly…
In October, 100,182 total fleet units were sold, a 2% month-over-month increase compared to 98,415 in September and a 24% decrease from October 2020, which recorded 132,560 units. This brings the 2021 year-to-date total combined large rental, commercial, and government…
Honda reports quarterly financial results on Friday, November 5. The July-to-September period marks the second quarter of Honda’s fiscal year that ends March 31, 2022. In the U.S., Honda struggled with production cuts and low inventories throughout the quarter due…
Toyota’s financial results for the recently ended quarter will be posted on Friday, November 5. The July-to-September period marks the second quarter of Toyota’s fiscal year that ends March 31, 2022. Toyota has weathered the chip shortage better than most.…
Hyundai cracked the list of Top 5 Most Considered Brands in the third quarter, according to the Kelley Blue Book Brand Watch report for non-luxury brands. It was the first time since 2012 that Hyundai ranked that high. The Kelley…
U.S. monetary policy is now entering a tightening phase as the Fed issued their official statement following their seventh meeting of 2021. As expected, the Fed announced that tapering would begin this month. We know now that tapering will proceed,…
Success or failure in the new-car business is often presented through the lens of monthly sales results. It’s a lot like baseball, or football, or any of the sports we love, where our favorite auto brands are ranked by their…
The declining trend in new daily COVID-19 cases continued last week but the rate of decline slowed, and consumer sentiment is still declining. The Delta variant wave peaked in September and caused a slowing in the pace of real growth…
