New auto and truck revenue in California fell 10.2 % in 2022 as supply chain challenges and a shaky financial system put a damper on buyer demand. But at the similar time, registrations for electrical cars and hybrids ongoing to speed up, accounting for pretty much just one-third of the […]
sales
O’Reilly Automotive Sees Sales Accelerate
O’Reilly Automotive carries on to appreciate elevated income — and hopes to extend — amid a automobile-buying downturn. The vehicle components retailer introduced in an earnings release Wednesday (Feb. 8) it had recorded a 9% development in gross sales for the new quarter, and 6.4% for the yr. “As we […]
Insurers View New Car Sales Rise in California as More Evidence for Rate Filings
New You can now pay attention to Insurance coverage Journal articles! New figures demonstrate automobile revenue in California go on to gradually return to pre-pandemic stages, which the state’s car insurers feel is a different sign the state’s insurance policies regulator demands to approve extra price filings. The California New […]
Ford sales dip in Q4, 2022 as F-Series trucks dominate competitors
Ford Motor Co. reported Thursday a decrease in U.S. sales for the final three months of 2022 and for the overall year, compared with 2021 — including F-Series truck sales. Still, the Dearborn automaker maintained its truck dominance against the Chevy Silverado and Ram built by Stellantis, which is notable […]
DEC Announces Adoption of Advanced Clean Cars II Rule for New Passenger Cars and Light-Duty Truck Sales
All New Autos, Pickup Vehicles, and SUVs Offered In New York To Be Zero-Emission by 2035Requirements are Important to Assist Implement Freshly Finalized Local weather Act Scoping Plan, Even more Electrify Transportation Sector, and Enhance Well being of Communities New York State Division of Environmental Conversation (DEC) Commissioner Basil Seggos […]
Are New Car Deals During 2022 Holiday Sales Events Any Good?
Turn on the TV these days and it won’t be long before you see an ad for a holiday car sales event. The offers may seem great at first glance, but the truth is that amid high interest rates and record-high car prices, the latest new car promotions are not […]