car sales

CarMax Increases Loan Loss Provisions Amid ‘Uncertain Economic Outlook’

CarMax Increases Loan Loss Provisions Amid ‘Uncertain Economic Outlook’
CarMax Increases Loan Loss Provisions Amid ‘Uncertain Economic Outlook’
June 20, 2025  |  Earnings

Used car retailer CarMax saw greater loan losses and economic uncertainty during the quarter ended May 31. Get the Full Story Complete the form to...

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Tariffs Could Tack Extra $2K Onto Car Price Tags
Tariffs Could Tack Extra $2K Onto Car Price Tags
June 19, 2025  |  Retail

American tariff policy is reportedly set to make the cost of buying a car even higher. Get the Full Story Complete the form to unlock...

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Auto Sales Return to Normal After Two-Month ‘Tariff Surge’
Auto Sales Return to Normal After Two-Month ‘Tariff Surge’
June 03, 2025  |  Retail

Auto sales reportedly returned to a normal level in May after spiking for two months when consumers sought to make purchases before new tariffs set...

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New-Vehicle Transaction Prices Rise as Tariff Talk Causes ‘Buying Frenzy’
New-Vehicle Transaction Prices Rise as Tariff Talk Causes ‘Buying Frenzy’
May 12, 2025  |  Retail

The average transaction price (ATP) of new vehicles increased by 2.5% in April, driven by a decline in sales incentives amid talk of tariffs, Cox...

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Car and Car Repair Prices Expected to Jump With New Tariffs
Car and Car Repair Prices Expected to Jump With New Tariffs
April 03, 2025  |  Economy

Twenty-five percent tariffs on imported cars are now in effect in the U.S. Get the Full Story Complete the form to unlock this article and...

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Tariffs Could Reportedly Cost US Carmakers $10K per Vehicle
Tariffs Could Reportedly Cost US Carmakers $10K per Vehicle
March 30, 2025  |  Politics

This week will bring new 25% tariffs on auto imports, a change that could shake the car industry. Get the Full Story Complete the form...

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Trump Imposes 25% Tariffs on Imported Automobiles and Parts
Trump Imposes 25% Tariffs on Imported Automobiles and Parts
March 26, 2025  |  Politics

President Donald Trump signed an order Wednesday (March 26) that imposes 25% tariffs on imports of automobiles and certain auto parts, according to a thread...

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Car Buyers Race to Auto Lots Before Tariffs Kick In
Car Buyers Race to Auto Lots Before Tariffs Kick In
March 11, 2025  |  Retail

American car buyers are reportedly speeding up their shopping due to tariff worries. Get the Full Story Complete the form to unlock this article and...

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Carvana and CarGurus Leverage AI to Drive Digital Transformation in Car Sales
Carvana and CarGurus Leverage AI to Drive Digital Transformation in Car Sales
February 21, 2025  |  Earnings

Consumer preferences are moving toward digital experiences in the online car marketplace, and Carvana and CarGurus are leveraging technology and artificial intelligence (AI) to improve...

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