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While inventory is up from 2022 levels, it remains low by historical standards. Meanwhile, the estimated typical monthly payment for a new vehicle declined to $754 from the peak of $791 in Dec. 2022.
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Prices usually decline in the first two weeks of April, but in each of the last two years prices increased substantially during these same weeks, the Manheim Index shows.
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Ford and Toyota led the way as Vincentric announced its 18th annual Best Fleet Value in America Awards.
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Finding the right product at the right price is more challenging for buyers today. Sales for all of March were down 4% compared to a year ago.
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Quarterly sales of electric vehicles break the 250,000 mark while rising to 7.2% of total vehicle sales in the U.S.
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A new report from the British Vehicle Rental and Leasing Association reveals growth stimulus came from long-term operational leasing of electric vehicles , energized by the tax regime for battery electric vehicles.
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Volvo Car Group is pioneering new interior lighting that provides a more natural color beyond what’s achievable with LEDs used today in the automotive industry.
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Starting at under $24,000, Buick's 2024 Envista is one of the most affordable SUVs in the segment.
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GM’s hands-free system uses a blend of cameras, radars, LiDAR, a new computing system, and a driver head-monitoring system to give a 360-degree 3-D representation of the vehicle’s surroundings.
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The average price for a new vehicle in March fell below sticker for the first time in 20 months, according to KBB.
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