It’s been a year of contradictions. The recession drum beats on, interest rates are rising, and the stock market has taken a tumble, and yet retail sales have risen 6.5% Read more
Tag: car registration
Americans are buying more luxury cars than ever
The price of the average new car in America sat 6.1% higher at the end of September than it did one year before, partially due to inflation. But another factor is driving Read more
How last year’s housing market affected mortgage denials and what Fannie Mae, Freddie Mac using alternative credit scores means for potential homebuyers
Hi, MarketWatchers. Don’t miss these top stories. Fannie Mae, Freddie Mac to use alternative credit scores — what that means for potential homebuyers The federal government has approved two credit Read more
Self-proclaimed ‘Used-Car King of New York’ pleads guilty in national temporary-license-plate scam
A man who called himself the “Used-Car King of New York” has pleaded guilty to conspiring to sell hundreds of thousands of temporary license plates issued in Texas to criminals, Read more
Retail sales fall flat as high inflation and rising U.S. interest rates take a bite
The numbers: Sales at retailers fell flat in September, potentially another chink in the armor of a U.S. economy that likely to slow in the months ahead as interest rates Read more
If chip production is recovering, why are automakers still making fewer cars?
Automakers trimmed 76,000 vehicles from global production plans in mid-September, according to analysts from AutoForecast Solutions. They’ll produce about 3.23 million fewer this year than planned, the company says. Analysts Read more
U.S. retail sales rebound as Americans spend more at car dealers and restaurants
The numbers: Sales at U.S. retailers rose 0.3% in August as Americans spent more on new cars and trucks and went out to eat more, suggesting the economy grew at Read more
Retail sales fall flat, but for a good reason: Cheaper gas
The numbers: Sales at U.S. retailers fell flat in July, but largely because of falling gas prices and fewer purchases of new cars and trucks. Sales were stronger at other Read more
EU new car registrations fell to 26-year low in June
New car registrations in the European Union fell in June as supply-chain issues continued to hold back vehicle production, according to data published Friday by the European Automobile Manufacturers’ Association, Read more
EU new car registrations fell to 26-year low in June
New car registrations in the European Union fell in June as supply-chain issues continued to hold back vehicle production, according to data published Friday by the European Automobile Manufacturers’ Association, Read more
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