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- CPO Incentives are now available for all brands. 7/19/2021
- Lease price points are now available for all brands. 7/14/2021
- Lease rates and residual values are now available for Chevrolet, Chrysler, Dodge, Fiat, Jeep, Honda, Hyundai, Mazda, Mitsubishi, Nissan, and Volkswagen. 7/14/2021
- Lease rates and residual values are now available for Buick, GMC, Mini, Porsche, and Subaru. 7/13/2021
- Lease price points are now available for BMW and Lexus. 7/13/2021
Email firstname.lastname@example.org for customized reports, statistics and in-depth industry analysis including:
- Trend Analysis for Multiple Vehicles & Segments
- Featured Lease Price Points Analysis
- Marketing Programs Spending Analysis
- U.S. New & Preowned Vehicle Retail Sales & Stock
- North American Production Statistics
- New Vehicle Retail Sales - Canada
- Incentive Program Comparisons for New &
Preowned Cars and Light Trucks
June 2021 New Vehicle Sales, SAAR, Stock, Incentives Spending and CPO Sales results are now final.
2022 PILOT: Launched with a standard lease program. Effective 7/27/2021 on Pilot.
2022 HR-V: Launched with a standard lease program. Effective 7/19/2021 on HR-V.
2022 / 2021 ALL MODELS: Enhanced special retail financing offer to 0.9% for up to 72 months (from 1.9%). Effective 7/20/2021 on all Cadillac vehicles.
2021 YUKON, YUKON XL: Launched 2.99% special retail financing for up to 72 months, 3.24% for 73-75 months and 3.49% for 76-84 months plus $500 GM Financial bonus cash in its North Central region.
2021 YUKON, YUKON XL: Launched 3.29% special retail financing for up to 72 months, 3.54% for 73-75 months and 3.79% for 76-84 months plus $500 GM Financial bonus cash in its Northeast, South Central, Southeast and Western regions. Effective 7/20/2021 on Yukon, Yukon XL.
2021 RENEGADE: Added $500 lease bonus cash in its Northeast Business Center. Effective 7/20/2021 on Renegade.
- "May you live in interesting times"
To quote the misattributed ancient Chinese curse, "May you live in interesting times." These are interesting times indeed for the automotive industry. Another month, another record low for U.S. new light vehicle dealer inventory. In May 2020, the Days’ Supply fell to an astonishing 23, from 33 in April 2021 and 61 in May 2020. In response, manufacturers have once again dramatically cut their new vehicle incentives. U.S. market light vehicle incentive spending tumbled to $3,052 in May, down 5.7% from April 2021 and 26.9% from May 2020. In an effort to give their dealers something to sell, several automakers have rolled out cash bonuses for consumers who trade in vehicles. Ford has even launched a new $1,000 incentive for customers who order new vehicles. Thus far, new vehicle sales have remained strong despite the supply problem. June may be the month that changes. The lack of inventory will likely have a significant impact upon sales in June. Having said that, as forecast here several months ago June appears to be close to the trough for new vehicle inventory. Recently several automakers, including Volkswagen and General Motors, have stated that they believe the supply of semiconductors will begin to improve as the year progresses. If so, that’s welcome news for the industry, but don’t expect the supply of chips to return to pre-pandemic levels any time soon. Motor Intelligence on 06/11/2021
- Ford says reservations for F-150 Lightning electric pickup top 120,000
Ford’s upcoming electric F-150 Lightning pickup is already attracting the attention of potential new customers to the automaker. The company on Wednesday said it has received more than 120,000 reservations for the vehicle since its debut in May. Of which, about 75%, or 90,000, are new to Ford, according to the company... CNBC on 07/29/2021
- Microchip shortage hits Jeep Gladiator production
A global shortage of microchips is hitting more truck production, with the Jeep Gladiator its latest victim... The Detroit News on 07/29/2021
- Tesla reportedly moving out of malls, dealing another blow to shopping center owners
Tesla is shuttering a number of its showrooms in high-end shopping malls and instead will invest in less-expensive locations, according to a report from Electrek. It would mark another shift in the company’s retail strategy, which has wavered in recent years... CNBC on 07/28/2021
- Ford Posts Surprise Profit on Surging Prices of Scarce Cars
Ford Motor Co. overcame a critical parts shortage and managed to post a surprise profit in the second quarter, thanks to surging prices on models that have become harder to find on dealer lots... Bloomberg on 07/28/2021
- Consumer demand, inventory squeeze could last another year, Toyota's Carter says
The auto industry's tight new-vehicle supplies and strong retail demand could extend almost another year because of ongoing inventory shortages and strong economic conditions, Toyota Motor North America executives said Wednesday... Automotive News on 07/28/2021
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Founded in 1990, Autodata Corporation and it's web analytitics system Motor Intelligence are the world's leading provider of vehicle sales and leasing data for the United States market. Motor Intelligence's analysis and information have helped vehicle manufacturers and financial analysts know where each model stacks up against the competition since 1990. Call us today to learn how we can help with your vehicle information needs. We specialize in online distribution of statistical data, market intelligence, and customizable management reports. Our information makes its way into the hands of OEMs, Wall Street analysts, financial institutions, and media throughout the world.
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