The year of wild cards continued last week, with the chaos and long delay for results in the first presidential election primary in Iowa. One wild card was taken off the table when the impeachment trial ended with an acquittal…
Big games are all about winners and losers. In the case of automotive companies presenting new national ads during Super Bowl LIV on Sunday, data shows that all participants had reason to celebrate. For automakers that ran ads during the…
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.39% month over month in January. This brought the Manheim Used Vehicle Value Index to 141.6, a 4.6% increase from a year ago, setting a record high for…
Average transaction prices (ATPs) in January started off 2020 much like they ended 2019: rising. The market saw a 3.5% year-over-year gain in January, to nearly $38,000. The gain was driven mostly by a heavier truck/SUV sales mix, as car…
UPDATED, Feb. 14, 2020 – Honda reported a decline in quarterly operating profit due to falling sales, higher research and development costs and fluctuating foreign exchange rates. Despite the downturn for the quarter, Honda raised its profit forecast for the…
Fleet drove the strength in the new-vehicle market for 2019 whereas 2020 is expected to be more moderate. Combined rental, commercial and government purchases of new vehicles were down 5.3% year over year in January. Total fleet volume in January…
UPDATED, Feb. 14, 2020 – Fiat Chrysler reported respectable earnings, making $2.3 billion in Q4 and $7.4 billion for the year. _________________________________________________________________________ Fiat Chrysler Automobiles reports its financial results on Thursday, Feb. 6, while the automaker works on a merger…
UPDATED, Feb. 14, 2020 – Toyota reported a solid quarter. Its overall operating profit and revenues slipped, but its operating profit in North America increased fivefold. Toyota raised its outlook for the fiscal year that closes at the end of…
January auto sales were pretty much a mixed bag, as forecast, with sales coming in at approximately 1.1 million units, putting the seasonally adjusted annual rate (SAAR) near 16.7 million units. January sales typically suffer from a bit of a…
UPDATED, Feb. 14, 2020 – General Motors reported a fourth quarter loss due to a $2.6 billion hit from a six-week strike by the UAW. For the year, GM made $6.7 billion in 2019. Its 2020 outlook is for flat…
