
As loan terms continue to stretch further into the future, spending on new-car purchases hit a new all-time high in May 2015.

As loan terms continue to stretch further into the future, spending on new-car purchases hit a new all-time high in May 2015.

Hyundai says it’s on target to sell 760,000 units in the United States by the end of 2015, though crossover and SUV sales are lacking for now.

Per a report from Barclays, U.S. new-car sales may fall as much as 40 percent over the next 25 years as shared autonomous vehicles take hold of the market.

Looking to make as many vehicles as possible, FCA US is foregoing its two-week summer shutdown at a number of the automaker’s facilities.

In the past, six-year auto loans were few and far between. Today, more of those loans are being issued, with seven- and eight-year loans gaining popularity.

With fuel prices continuing their downward spiral, one would think EVs and hybrids would become the new Hummers and Escalades to be left to rust in the backlot of the dealership. Not quite.

This year is set to end on a high note as far as U.S. car sales are concerned, with 2015 shaping up to be the best year in a long time.
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