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The sector generates over $64 billion in annual economic impact in South Carolina, making it the largest and fastest-growing manufacturing subsector in the state.
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Though some factors are against consumers, others balanced them out in January. Still, average monthly loan payments were up year-over-year, Cox Automotive said.
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The overall car segment was essentially flat last week, though one slice of it led all segments' wholesale value increases, Black Book analysts reported. Meanwhile, minivans were also hot.
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JD Power named the Lexus IS the most reliable model in its 2026 U.S. Vehicle Dependability Study, which covers 184 specific problems across nine categories.
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Honorees will be recognized at Agent Summit, taking place April 13–15, 2026 at The Cosmopolitan Las Vegas.
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A TransUnion study found that relationship-driven sales models proved to be important, as consumers who used an agent had a lower shopping intensity than those going it alone.
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Growing access shows greater lender appetite for risk as consumers take on heavier debt burden in an inflated market.
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Insurify reported that Washington D.C. has the highest average full-coverage car insurance rates nationwide, but New Jersey had the highest rate increase last year at 20%.
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Cox Automotive research sites saw major spikes in traffic for automotive brands that took advantage of the Super Bowl to market their cars. How can dealers convert?
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Many vehicle segments experienced gains last week as conversions picked up. Meanwhile, the retail days to turn estimate stood at 39, analysts reported.
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