Auto Dealers See Slowing Sales, Sparking Fears That a Long-Expected Decline is Here
A growing number of auto dealers around the country are seeing a noticeable drop in retail sales and customer traffic in showrooms, raising the possibility that a long-anticipated slowdown in auto sales has arrived, reports CNBC.
Buyers Feel the Pinch as Interest Rates Rise and Incentives Dip
Customers coming back to the new-vehicle market today are finding heftier price tags and higher interest rates, reports Automotive News.
Best Budget-Friendly Small Cars Include Kia, Honda, Hyundai, and Mazda Sedans
Every year, vehicles become more feature-packed but also more expensive, potentially shutting out buyers on a tight budget. Fortunately, buyers can find many small, affordable cars that offer good value and don't feel cheap.
U.S. Senate Panel Wants to Question Hyundai, Kia Over Engine Fire Reports
The Senate Commerce Committee’s Republican chairman and ranking Democrat said on Wednesday they had asked top U.S. executives at Hyundai Motor Co and Kia Motors Corp to testify at a Nov. 14 hearing on reports of engine fires involving vehicles from the Korean automakers.
From Honda to Volvo: New U.S. Auto Transplant Transcends Tariffs
Sweden’s Volvo is the latest foreign manufacturer to open a “transplant” in the United States, reports The Detroit News.
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