We may have spoken too soon. Despite earlier auto show debuts to the contrary, it turns out the U.S. vehicle market in 2017 is still dominated by consumer interest in SUVs. Sales of cars and light trucks in the U.S. slipped 1.8 percent in January....
High-riding, gas-guzzling, wide-bodied SUVs were more popular among U.S. and international drivers than ever in 2016. But you wouldn’t know it by looking at the lineup of this year’s North American International Auto Show in Detroit. Half of the 20 new models unveiled this year...
October 06, 2023
The surge in interest rates has resulted in record-high loan payments for consumers who have borrowed money to purchase new cars. With one in five borrowers owing at least $1,000 a month, the combination of surging interest rates and costly inventory has made vehicles less affordable, the Financial Times (FT) reported Friday (Oct. 6). This […]
