New Cars news and trends

High Interest Rates Drive New Records in Auto Loan Payments
Loans // 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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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

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 unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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

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 the post-pandemic recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Car Dealers Say High Prices Are Scaring Off Buyers
Consumer Insights // February 05, 2023

A spike in the price of new cars has both buyers and auto dealers worried. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Quick Reads
Carvana Expects New Car Production to Boost Used Car Sales

May 14, 2024
Carvana reportedly expects that as more new vehicles are built, the company’s used car business will benefit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]

High Interest Rates Drive New Records in Auto Loan Payments

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. Get the Full Story Complete the form to unlock...

Car Sales Climb as Drivers Finally Retire Older Vehicles

October 02, 2023
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 unlimited free access to all...

Car Dealers Say High Prices Are Scaring Off Buyers

February 05, 2023
A spike in the price of new cars has both buyers and auto dealers worried. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...