FROM J.D. POWER: Lack of new-vehicle inventory has notable effect on sales satisfaction
The shoppers have spoken: Consumer opinions on the new-vehicle buying process have worsened for the first time in 10 years. Opinions on price fairness and inventory availability have been trending downwards for some time.
FROM CONSUMER REPORTS: Who makes the most reliable new cars?
Amid current strains on the car buying experience, purchasing a reliable vehicle is more important than ever. Despite fluctuating demand levels, cars beat out SUVs, minivans, and pickups as the most reliable vehicle segment.
FROM U.S. NEWS: U.S. retail sales rose 1.3% last month, a sign of resilience
Nationwide retail spending increased in October in both automotive and non-automotive sectors. To support these spending habits, credit card balances have also increased 15% – the highest jump in over 20 years.
FROM CNBC: Ford vs. GM: Same industry, two increasingly different companies
The nation’s largest automakers represent two different futures for the automotive industry. One continues to diversify its offerings while the other takes a leaner approach. Both intend to eventually dominate the EV market.
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