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NADA Predicts 1.2% Decline in 2020 New Car Sales

NADA Predicts 1.2% Decline in 2020 New Car Sales

Analysts found that, as in 2018, consumers continued to abandon car segments in 2019. Light trucks are on track to account for more than 70% of overall new-car sales for 2019, while cars will account for less than 30% of new-car sales.

December 23, 2019

Used-Vehicle Supply to Decline, Resale Values to Increase in Coming Years
Used-Vehicle Price Growth Moderating in April

Used-Vehicle Price Growth Moderating in April

Used-vehicle prices are achieving highs that will start to drive used-vehicle buyers to new cars, says Tom Kontos in Adesa's April Current Used Vehicle Market Conditions and Outlook.

May 19, 2010

ALG Predicts Gain for Detroit 3 in Residual Values

While 2009 was one of the roughest roads the auto industry has traveled, the road ahead looks more promising for the Detroit 3 with on average gain of approximately 3 percentage points in the 36-month residual outlook.

March 3, 2010

McElroy: Detroit 3 Profitable Again in 3 Years

McElroy: Detroit 3 Profitable Again in 3 Years

Automotive industry analyst John McElroy is “bullish” about the future of the Detroit 3, forecasting a profit break-even point at 10-million SAAR (seasonally adjusted annual rate) and for the domestic OEMs to be “extremely profitable” at 14 million units yearly in sales.

March 1, 2010

KBB: Residual Values to Dip in 2010

According to Kelley Blue Book, in 2009, the average vehicle maintained 34.2 percent of its original value after five years in contrast to 2010 models, which are projected to maintain an average of 32.6 percent of their original MSRP.

December 30, 2009