Jaguar Land Rover Reports Profit for Q3 of its Fiscal Year
The company reported a profit before tax of $326 million for the quarter ending in December. IMAGE: Jaguar Jaguar Land Rover reported profit before tax of £265 million ($326 million)…
Improved Inventories Boost December Sales
Retailer per-unit profit was forecasted to be down about 20% year-over-year due to reduced dealer markups above MSRP but more than double 2019 figures. IMAGE: Getty Images/skynesher December U.S. new-vehicle…
EV Sales Keep Up Growth in 2022
EV deliveries totaled 10.3 million last year, easily outpacing the 6.5 million in 2021. IMAGE: Mikes-Photography Electric vehicle sales continued to rise in 2022 and will stay on that trajectory…
Demand Destruction a Concern for 2023
Auto industry analysts remain on high alert for “demand destruction” as high interest rates, escalating vehicle costs, and a down economy threaten auto sales. IMAGE: Getty Images Auto industry analysts…
Auto Market Experiences Ups and Downs
Cox’s Auto Market Weekly Summary for January 13 shared both positives and negatives. IMAGE: Getty Images Used vehicle retail sales dropped. And, wholesale prices closed 2022 with the largest decline…