Car Subscription Market to Reach $61 Billion by 2032, Driven by Flexibility and EV Demand

Car Subscription Market to Reach $61 Billion by 2032, Driven by Flexibility and EV Demand

The “Car Subscription Market Report and Forecast 2024-2032” reveals that the global car subscription market was valued at USD 6.60 billion in 2023. The market is expected to grow at a compound annual growth rate…

The Rising Trend of Over MSRP Charges and Its Impact on Car Buyers in 2025

The Rising Trend of Over MSRP Charges and Its Impact on Car Buyers in 2025

In recent years, many auto dealerships have been charging customers above the Manufacturer’s Suggested Retail Price (MSRP) due to shifts in market conditions. This trend is particularly prevalent during times of high demand and limited…

Why Electric Muscle Cars Are a Divisive Issue Among American Enthusiasts

Why Electric Muscle Cars Are a Divisive Issue Among American Enthusiasts

The introduction of electric muscle cars has sparked a heated debate among American car enthusiasts. Traditional muscle cars are cherished for their raw power, aggressive design, and the unmistakable roar of their V8 engines. Electric…

Should America Phase Out Car Dealerships in Favor of Direct Sales?

Should America Phase Out Car Dealerships in Favor of Direct Sales

The traditional car dealership model has been a cornerstone of the American automotive industry for decades. However, the rise of direct-to-consumer sales models, particularly popularized by electric vehicle manufacturers like Tesla, has sparked a debate…

The Threat of Chinese Electric Vehicles to U.S. Auto Industry Jobs and Growth in 2025

The Threat of Chinese Electric Vehicles to U.S. Auto Industry Jobs and Growth in 2025

The American auto industry faces a daunting threat from Chinese carmakers establishing production in Mexico. By doing so, they take advantage of North American trade regulations that allow them to ship electric vehicles (EVs) to…

The Growing Burden of Auto Loan Debt in 2025 and Negative Car Buying Experiences in the U.S.

The Growing Burden of Auto Loan Debt in 2025 and Negative Car Buying Experiences in the U.S.

Car ownership in the U.S. has become more expensive than ever, with over 275 million vehicles currently on the road. Various factors, including the Covid-19 pandemic, ongoing supply chain disruptions, inflation, and the Federal Reserve’s…

The Struggles of the Western Auto Industry in 2025 Amid the EV Transition and Global Competition

The Struggles of the Western Auto Industry in 2025 Amid the EV Transition and Global Competition

The shift from gas-powered cars to electric vehicles (EVs) has been a difficult and painful transition, primarily due to the premature push by governments. They rushed automotive manufacturers into adopting EVs before the supporting infrastructure…

Automakers Purposefully Limit Vehicle Options and Keep Prices High to Maximize Profits Amid Recovery

Automakers Purposefully Limit Vehicle Options and Keep Prices High to Maximize Profits Amid Recovery

Car manufacturers like Ford, General Motors (GM), and Stellantis are adopting a new strategy to sustain high vehicle prices by intentionally limiting the variety of options available on dealership lots. After recovering from the challenges…

Affordable Cars Disappear as Automakers Shift Focus to Higher-Priced Models and Increased Profits

Affordable Cars Disappear as Automakers Shift Focus to Higher Priced Models and Increased Profits

In the near future, the U.S. may see the complete disappearance of new cars priced below $20,000. Models like the Mitsubishi Mirage, Kia Rio, and Nissan Versa are all set to be discontinued, following the…

Market Trends Indicate Stabilized Used Car Prices in 2025 After Years of Fluctuations

Market Trends Indicate Stabilized Used Car Prices in 2025 After Years of Fluctuations

Used vehicle prices are projected to continue stabilizing in 2025, following a period of extreme fluctuations due to the COVID-19 pandemic and its associated supply chain disruptions. Cox Automotive expects that wholesale prices, tracked through…

Luxury Sales and EV Demand Push New Car Prices Near Record High in December 2024

Luxury Sales and EV Demand Push New Car Prices Near Record High in December 2024

In December 2024, the average price of a new car in the U.S. reached $49,740, just $218 below the all-time record set in December 2022. Unlike two years ago, when supply shortages forced buyers to…

Rising Costs and Supply Shifts Reshape Car Market as Dealers Brace for 2025 Challenges

Rising Costs and Supply Shifts Reshape Car Market as Dealers Brace for 2025 Challenges

The automotive market is set for another year of both opportunities and challenges for dealers. In 2024, sales increased due to better incentives and greater inventory availability, helping boost demand. However, shifting economic factors in…

Appeals Court Strikes Down FTC’s Auto Sales Rule, Blocking Efforts to Prevent Deceptive Pricing Practices

Appeals Court Strikes Down FTC’s Auto Sales Rule, Blocking Efforts to Prevent Deceptive Pricing Practices

A U.S. appeals court has overturned consumer protection rules introduced by the Biden administration to prevent deceptive practices in auto sales. The 5th Circuit Court of Appeals ruled in a 2-1 decision that the Federal…

Biden Administration Moves to Block Chinese Vehicles, Citing National Security Risks and Technological Threats

Biden Administration Moves to Block Chinese Vehicles, Citing National Security Risks and Technological Threats

The Biden administration is finalizing new regulations that will effectively block almost all Chinese cars and trucks from entering the U.S. market. This move is part of a broader effort to restrict Chinese vehicle software…

Trump’s Rollback of Clean Car Standards Risks Jobs, Consumer Savings, and Climate Progress

Trump’s Rollback of Clean Car Standards Risks Jobs, Consumer Savings, and Climate Progress

On his first day in office, President Trump signed executive orders that sought to weaken the nation’s clean vehicle pollution standards and curtail California’s authority under the Clean Air Act to set its own vehicle…

Car Market in 2024 Faces High Costs and Supply Struggles, but 2025 May Bring Relief

Car Market in 2024 Faces High Costs and Supply Struggles, but 2025 May Bring Relief

The car market in 2024 has been heavily influenced by several key factors, primarily economic conditions, supply chain challenges, and evolving consumer preferences. High inflation and rising interest rates have made car ownership more difficult,…

Automakers Lobby Against EV Mandates, Slowing Global Emission Reduction Efforts

Automakers Lobby Against EV Mandates, Slowing Global Emission Reduction Efforts

A recent analysis by InfluenceMap highlights the lobbying efforts of major automakers and trade bodies against progressive policies aimed at reducing emissions from road transport. The report examines 15 key carmakers and eight trade groups,…

Rising Car Ownership Costs in the U.S. Could Worsen with Tariffs and Fuel Price Increases

Rising Car Ownership Costs in the U.S. Could Worsen with Tariffs and Fuel Price Increases

The cost of owning a car in the U.S. has seen a significant increase in recent years. The overall expenses, including buying a vehicle, paying for insurance, fuel, maintenance, and repairs, have surged. In 2023,…

U.S. Auto Industry Reflects Economic Trends as Sales, Loans, and EV Growth Shift

U.S. Auto Industry Reflects Economic Trends as Sales, Loans, and EV Growth Shift

The U.S. auto industry plays a critical role in the national economy, accounting for 3% of GDP and supporting over 8 million jobs directly and indirectly. Beyond these statistics, the performance of automakers, consumer trends,…