Affordability cited as the main constraint as full hybrids are projected to approach one-third of North American assembly by 2030. U.S. light-vehicle sales are expected to reach 16.1 million units in 2026 and only 16.4 million by 2030, remaining well below the roughly 17 million units a year the market sold before the pandemic, according […]
Carfax Used Car Index Rises 0.1% in July
Rate of increase down from levels earlier this year. Used-vehicle listing prices on Carfax rose 0.1% in July, an average of about $50 per vehicle, the smallest monthly increase in several months and an indication that the run-up in used-vehicle values that carried through the spring has largely stalled, according to data released by Carfax. […]
Mobility Global Completes Separation From S&P Global
Mobility Global Inc., the automotive data and analytics business spun off from S&P Global Inc., completed its separation July 1 and began trading the same day on the New York Stock Exchange under the ticker symbol “MBGL.” The new independent public company’s portfolio includes Carfax, automotiveMastermind, Polk Automotive Solutions and Market Scan, serving vehicle manufacturers, […]