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Recent Posts
- Annals of Marketing – LEXUS Flight Helicopter Service Debuts
- Magna International Posts Record Q2 Earnings per Share
- IIHS – Driver Death Rates and Vehicles That Kill other Drivers
- Stellantis Posts a Modest Q2 2026 Net Profit of €0.3 Billion
- Penske Automotive Group Posts Q2 2026 Earnings Decline
- Ford Motor Posts Q2 2026 Net Loss of $1.3B
- Magna to Supply Chery with 800V 2-Speed eDrive
- Bosch Fuel-Cell System Begins Testing in Madrid
- Stellantis Sells Free2move to a Private Equity Firm
- CAR on King Trump’s Tariff and Trade Policies
- Non-Binding ‘cellcentric’ Fuel Cell Agreement Moves Ahead
- Ford Motor Recalls ~566,000 Broncos for Wiring Harness Fires
- Autokiniton Workers in Milan, Michigan Vote to Join the UAW
- Financing Costs Ease a Tad But Payments Set July Record
- EPA Certifies Higher Estimated Range for 2027 Volvo EX60
Recent Comments
- Jeff Badman on Ford Motor Recalls 850,000 Vehicles for Sudden Stalling
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
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Inventory Deficit Hurts June US Vehicle Sales. Again
With too much demand chasing too little supply, it’s not surprising many vehicles sold at or above MSRP and automakers have slashed incentive spending. According to J.D. Power, in mid-June 75% of vehicles sold for MSRP or above, which is up from 67% in May 2021 and way higher from the pre-COVID average of 36%. AutoInformed thinks that an affordability crisis is starting to emerge, as the Biden Administration economic boom continues. Continue reading →