car sales

Car Sales Climb as Drivers Finally Retire Older Vehicles

Car Sales Climb as Drivers Finally Retire Older Vehicles
Car Sales Climb as Drivers Finally Retire Older Vehicles
October 02, 2023  |  Economy

American consumers may not want new cars, but they apparently need them. Get the Full Story Complete the form to unlock this article and enjoy...

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CarMax Reports Shoppers ‘Staying on Sidelines’ Amid High Interest Rates
CarMax Reports Shoppers ‘Staying on Sidelines’ Amid High Interest Rates
September 28, 2023  |  Economy

Some would-be car buyers are putting off purchases due to higher interest rates, according to used auto retailer CarMax. Get the Full Story Complete the...

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Car Industry ‘Winning’ as Vehicle Supplies Remain Low
Car Industry ‘Winning’ as Vehicle Supplies Remain Low
September 03, 2023  |  Retail

The pandemic-era supply chain issues that hit the car industry may have abated. Get the Full Story Complete the form to unlock this article and...

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Auto Prices Speed Past Affordability as Defaults Climb
Auto Prices Speed Past Affordability as Defaults Climb
August 21, 2023  |  Economy

Times are tough for the American car buyer, whether they’re seeking new or used vehicles. Get the Full Story Complete the form to unlock this...

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Vroom Says ‘Aged’ Cars Made Up 80% of Sales
Vroom Says ‘Aged’ Cars Made Up 80% of Sales
August 09, 2023  |  Earnings

Online car-buying platform Vroom said its inventory troubles should turn a corner later this year. Get the Full Story Complete the form to unlock this article and...

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Auto Sales Climb 13% as Consumers Continue to Spend
Auto Sales Climb 13% as Consumers Continue to Spend
July 06, 2023  |  Economy

Interest rates and inflation are apparently no match for the consumer’s desire for a new car. Get the Full Story Complete the form to unlock...

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CarMax Results Show Car Affordability Still an Issue Amid Higher Rates
CarMax Results Show Car Affordability Still an Issue Amid Higher Rates
June 23, 2023  |  Earnings

The used vehicle market might be seeing improvement, but affordability remains elusive. Get the Full Story Complete the form to unlock this article and enjoy...

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Is Carvana’s Wall Street Rally an Omen for Online Car Platforms?
Is Carvana’s Wall Street Rally an Omen for Online Car Platforms?
May 31, 2023  |  Market Conditions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Auto Sales Slump Could Be a Crisis of the Sector’s Own Making
Auto Sales Slump Could Be a Crisis of the Sector’s Own Making
May 12, 2023  |  Retail

The Bureau of Labor Statistics (BLS) published a little-noticed piece last month analyzing the part auto dealers’ markups played in new car price tag inflation during...

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