Reynolds and Reynolds reports sales retention ticked up to nearly 44% in 2024 despite the fact that 24 of 38 brands saw a decrease in repeat buyers, including one that finished in the single digits. +
The consumer price index rose for the fourth straight month in January, pushing inflation to a 3% year-over-year increase in the same month the Fed announced a pause to interest rate cuts. +
The Dealertrack Credit Availability Index improved to 95.4 in January, a 2.9% year-over-year improvement driven in part by a 100-basis-point market share gain for subprime borrowers. +
NADA analysts say U.S. dealers were on track to sell 15.6 million new units in 2025 at the end of January, a fifth straight year-over-year increase but a minor letdown following a strong December. +
TransUnion now offers a creditworthiness score based on the applicant’s banking activities, potentially adding options for car buyers without access to “mainstream” credit. +
Jeep owners say their infotainment screens are lighting up with unwanted, frequently appearing ads for an extended factory warranty. The Drive’s Caleb Jacobs investigates. +
A memo sent to Nissan dealers and reviewed by Automotive News’s Urvaksh Karkaria suggests the automaker has launched an aggressive new tiered sales bonus program. +
Volvo moved 50,820 new units worldwide in January, a 5% year-over-year decline offset by a 17% improvement in sales of EVs and plug-in hybrids. +
Automotive News reports U.S. Hyundai, Kia and Mazda dealers enjoyed double-digit gains in new vehicle sales compared with January 2024 while Ford and Toyota suffered modest losses. +
President Donald Trump levied new tariffs of 25% on goods imported from Canada and Mexico and 10% on imports from China with no exemptions for vehicles or auto parts. +
