Toyota Is Doing Great Everywhere Except In North America
Good morning! It’s Tuesday, August 1, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. 1st Gear: …
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More Buyers in the U.S. Can’t Get A Car Loan Now
After all the supply chain constraints of the last few years, supply of new and used cars is finally stabilizing at dealers. Prices are also reportedly leveling off, but, now, …
Dealers Now Have Nearly Two Million New Cars Sitting On Their Lots
Photo: Brandon Bell (Getty Images) New-vehicle inventory at dealers in the U.S. is continuing its slow and steady climb upward as production around the world recovers following the brunt of …
Ford F-150 Lightning Base Price Slides Back Under $50,000
Good morning! It’s Monday, July 17, 2023 and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
No One In The U.S. Really Wants To Buy Electric Vehicles
The problem with EVs was once limited supply, but it has now become demand. In the U.S., EVs are sitting on dealer lots for far longer than their gas-powered counterparts …
Used Cars Keep Getting Cheaper For Dealers, Not So Much For You
Last month, the average price of vehicles sold at Manheim’s wholesale auctions was 10.3 percent lower than it had been in June 2022. After three consecutive months of falling prices, …