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Gross stock levels and days’ supply are completely different measurements; days’ supply relies on the tempo at which shoppers proceed to buy new vehicles. Among manufacturers reporting month-to-month sales, Mazda was alone in posting an elevated days’ provide for December over the earlier month, according to the Automotive News Research & Data Center. Meanwhile, the opposite six brands recorded days’ supply decreases starting from one to 6 days. Ford Motor Co. was the one reporting automaker to report more than a one-month supply.

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Not solely is the 2023 Carlist DRIVE Auto Fair the place to search out the hottest new automobiles under one roof, but your options are limitless when you contemplate … If there’s yet one more app that proud Audi automotive homeowners should have of their smartphones, it will be the newly launched myAudiWorld app by PHS … The Lamborghini Revuelto has finally touched down in Malaysia, just some months following its international debut.

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BloombergNEF’s annual lithium ion battery worth survey showed a 7 percent increase in average pack prices in 2022 — the first time ever. “Inventories are on pace for a fourth consecutive month of double-digit increases. Consumers, however, continue to face affordability challenges and high monthly payments, maintaining many on the sidelines,” mentioned Zack Krelle, business analyst at TrueCar. “To preserve sales momentum, producers appear to be shifting some of the new supply to non-retail gross sales.” Ciocca Dealerships, of Allentown, Pa., retailed 15,247 new vehicles in 2022, up 26 p.c, vaulting it 32 spots up the list to No. 51. The group acquired six stores from Flemington Car & Truck Country in New Jersey in August.

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Driving’s Canadian Car News section is a great resource for anyone thinking about cars or who simply needs to stay current on the most recent automobile news. U.S. inventory levels began a sharp, sustained decline in late March 2021, including vehicles nonetheless in transit from the manufacturing unit, according to Cox Automotive. By that August, shoppers had largely picked dealership tons clean, with stock ranges falling under 1 million.

Mazda’s August U.S. sales advanced 19 percent to 30,174, giving the automaker its 11th straight month-to-month achieve. The company’s automobile sales rose 17 p.c and light-truck quantity rose 19 % final month. Kia’s results have been paced by surging gross sales of the Niro compact crossover with three,896 deliveries and the Carnival minivan with 5,428. Volume rose 15 % at Toyota Motor, with gross sales up sixteen percent at the Toyota division and 9.four p.c at Lexus. The automaker’s gains were driven practically all by a 21 p.c increase in light-truck deliveries.

“Despite economic headwinds, we were nonetheless in a position to report an all-time retail and total gross sales document in November.” Staluppi Auto Group, of North Palm Beach, Fla., retailed 49,547 new vehicles in 2022, up 11 %. It had incessantly been in the high 10 in years previous, most lately in 2020 for its efficiency in 2019.

DETROIT — The government’s freeway security agency says it plans a significant replace to its vehicle crash take a look at scores subsequent 12 months, and it’ll take a glance at including new know-how to make roads safer. SACRAMENTO, Calif. — California has recovered more than $23 million from settlements with 52 car components producers for illegal bid rigging that jacked up client costs, state Attorney General Xavier Becerra said Wednesday. ROME — Union leaders denounced Saturday security situations at an automotive plant operated by Fiat Chrysler Automobiles and PSA Group following the death of a upkeep employee. NEW DELHI — Hundreds of delegates and visitors from China did not attend India’s biggest auto present on Wednesday as international locations scramble to halt the spread of a viral outbreak that has killed hundreds and contaminated more than 24,500 folks globally. BILLINGS, Mont. — The proprietor of an jap Montana restaurant pleaded guilty Tuesday to spending $75,000 from a federal COVID-19 reduction mortgage to purchase classic automobiles somewhat than using it as working capital for his business, the us