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Report finds U.S. market hits ‘peak truck’ as consumers seek more affordability

Auto Remarketing

Pickup trucks and SUVs have long been the dominant vehicles in the U.S. The automotive M&A advisory firms semiannual Market Outlook Report , released this week in conjunction with the NADA Show, said its data shows American consumers have reached peak truck.

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Free Car Buying Help at Cerritos Auto Square

AutoSuccess

Cerritos Auto Square, America’s largest auto mall, launched the first-ever free car buying help through its Concierge Department. Car shoppers in Southern California now get free access to concierge representatives who guide and assist them throughout the process.

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Why Don’t Turbocharged Cars Need Hood Scoops Anymore?

Jalopnik

You never know what you have until its gone, and the proliferation of hood scoops on turbocharged cars is a perfect example of that. Looking back in time a decade or two, it was more common for turbocharged or supercharged road cars to have functional hood scoops , from station wagons to muscle cars to pickup trucks.

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To avoid getting pancaked by used-car price hikes, shoppers wise to stop waffling on purchase

Auto Remarketing

When that shopper is waffling over whether the timing is right to buy a used car, here’s a selling point a dealer can pass along to that indecisive consumer, courtesy of CARFAX. from May 2023, with cars off 7.2% and pickup trucks falling 10.2%, according to the index. from May 2023, with cars off 7.2%

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Most Used Cars Are Getting Cheaper Except For Trucks

Jalopnik

Used cars are finally getting a little cheaper, according to Cox Automotive. The only caveat is that pickup trucks are trending in the other direction and are getting slightly more expensive instead. After what seemed like an interminable series of price hikes across all vehicle segments, used prices are going down. Read more.

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Industry reaction to tariff standoff

Auto Service World

Listen: Kumar Saha explores the implications of tariffs for the auto care sector The Automotive Industries Association of Canada came out Monday saying that its keeping an eye on developments and is in close contact with federal departments, such as finance and Innovation, Science and Economic Development (ISED). A nightmare, I might say.

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Tesla Claims Your Cybertruck Is Totally Holding Its Value, Actually, Don't Listen To The Market

Jalopnik

Tesla, a company which once claimed its cars were appreciating assets , has indicated that it expects Cybertruck values to dip 30 percent over the first three years of ownership. According to the trucks recently opened lease program a three-year 30,000 mile lease on a standard Cybertruck AWD model would see a buyout Read more.

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