The Trump administration is threatening a 25% tariff on all imports from Canada and Mexico as soon as Saturday — a move that would almost immediately impact car dealerships and factories in the United ...

The average price paid for a new passenger vehicle dropped by 2. 27% in 2024, showing a clear buy-down trend as consumers remain constrained by living costs.

Sales of used cars are expected to grow from 4.6 million units in CY23 to 10.8 million by CY30. Meanwhile, new car sales are ...