Cox Automotive and Kelley Blue Book report March was a good month for new vehicle affordability as sales surged, income growth improved and transaction prices and payments declined. +

Dealertrack (div. Cox Automotive)’s All-Loan Index improved to 96.4% in March, a 3.1% year-over-year gain and the highest level of auto loan access since December 2022. +

Kelley Blue Book reports U.S. sales of new EVs increased by 10% in the first quarter, led in part by 30,000 units moved by General Motors dealers, while sales of market leader Tesla slipped. +

President Donald Trump announced increased tariffs on new vehicles and some parts imported for sale into the United States, effective April 3, a move experts say will raise prices and reduce sales and production. +

Dealertrack’s Credit Availability Index improved 3% year-over-year in February, but negative indicators such as subprime share, term, down payments and negative equity added risk to loan portfolios. +

vAuto reports U.S. sales of all pre-owned vehicles increased by 5.6% to 1.57 million units year-over-year, but certified pre-owned sales were down 3.4% compared with February 2024. +

Kelley Blue Book reports the average cost of a U.S.-sold new vehicle increased by 1% year-over-year to $48,039 in February but declined by 1.3% from the prior month. +

TransUnion’s latest credit insights report forecasts gains in auto, home and unsecured personal loan originations tempered by concerns over changing federal policy and paused interest rate cuts. +

Cox Automotive and Moody’s Analytics’ New Vehicle Affordability Index improved to 37.7 in January as Americans earned higher incomes and prices normalized following strong year-end sales. +

Cox Automotive announced U.S. franchised and independent dealers sold 1.4 million used vehicles in January, an 8% year-over-year improvement, as days’ supply ticked down to start the month. +