Sales of light vehicles in the U.S. in March increased 2.6% from the same month in 2017 to 58,831 units for a Seasonally Adjusted Annual Rate of 17.4 million, helped by an extra weekend, rep... Read more

The average interest rate for a new vehicle loan is at 5.7 percent, the highest rate since 2009, including a significant drop in zero percent financing, reports Edmunds.com. Share this artic... Read more

The average March transaction price of a new light vehicle in the United States rose by two percent, or $703, compared to the same month in 2017 to $35,285, driven by consumer demand for SUV... Read more

Rising interest rates are making it harder for consumers with sub-prime credit ratings to borrow to buy a new car, but they are still buying used cars, reports Bloomberg. Share this articleL... Read more