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- Lease price points have been updated for Mazda & Toyota. 11/24/2021
- Lease rates and residual values are now available for Toyota. Lease price points have been updated for Hyundai. 11/18/2021
- Lease rates and residual values are now available for Ford & Hyundai. 11/16/2021
- Lease price points are now available for Hyundai and Mazda. 11/15/2021
- Lease rates and residual values are now available for Honda, Mitsubishi, Nissan, Subaru, and Volkswagen. 11/15/2021
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- U.S. New & Preowned Vehicle Retail Sales & Stock
- North American Production Statistics
- New Vehicle Retail Sales - Canada
- Incentive Program Comparisons for New &
Preowned Cars and Light Trucks
November 2021 New Vehicle Sales, Inventory, Incentives Spending and SAAR data is available for query
2022 QX55: Reduced lease support, causing its advertised lease payments to increase by $20/month.
2022 QX80: Improved special retail finance rate slightly, to 2.9% for up to 63 months (from 3.24%).
2022 / 2021 ALL MODELS: Converted all retail dealer cash to APR bonus cash that is only available on vehicles with retail finance contracts through Infiniti Financial Services.
2022 / 2021 ALL MODELS: Elected to stop advertising its advertised lease payments on its website. Effective 12/1/2021 on all models.
2022 / 2021 ALL MODELS: Renamed the $500 'Cyber Cash' that was available last month to 'Red Tag' cash.
2022 TRAVERSE: Added $250 customer cash but eliminated its special 0.0% financing offer. Effective 12/1/2021 on All Models.
2022 CT4, CT5: Launched with 0.0% special retail financing for up to 36 months and 0.9% for 48-72 months and special lease programs, featuring advertised payments of $419/month for 36 months with $3,579 due at signing for the CT4 and $429/month for 39 months with $3,5,69 due at signing for the CT5. Effective 12/1/2021 on CT4, CT5.
2022 ACADIA, TERRAIN: Lowered customer cash by $250 (to $750 / $250).
2022 / 2021 ACADIA, CANYON, SAVANA, SIERRA 1500, SIERRA 2500 / 3500, TERRAIN, YUKON, YUKON XL: Introduced 0.0% standalone special retail financing for up to 36 months. Effective 12/1/2021 on All Models.
2022 / 2021 EDGE, ESCAPE, ESCAPE HYBRID, ESCAPE PHEV, EXPLORER, F-150: Added $500 'Black Friday' retail / lease bonus cash in its Detroit region.
2021 EDGE, ESCAPE, ESCAPE HYBRID: Added $1,000 lease trade-in assistance bonus cash in its Phoenix region.
2021 RANGER, F-150: Raised retail bonus cash by $1,000 on Ranger (to $2,000) and $500 on F-150 (to $1,500). Effective 11/22/2021 on Edge, Escape, Explorer, F-150, Ranger.
- "May you live in interesting times"
To quote the misattributed ancient Chinese curse, "May you live in interesting times." These are interesting times indeed for the automotive industry. Another month, another record low for U.S. new light vehicle dealer inventory. In May 2020, the Days’ Supply fell to an astonishing 23, from 33 in April 2021 and 61 in May 2020. In response, manufacturers have once again dramatically cut their new vehicle incentives. U.S. market light vehicle incentive spending tumbled to $3,052 in May, down 5.7% from April 2021 and 26.9% from May 2020. In an effort to give their dealers something to sell, several automakers have rolled out cash bonuses for consumers who trade in vehicles. Ford has even launched a new $1,000 incentive for customers who order new vehicles. Thus far, new vehicle sales have remained strong despite the supply problem. June may be the month that changes. The lack of inventory will likely have a significant impact upon sales in June. Having said that, as forecast here several months ago June appears to be close to the trough for new vehicle inventory. Recently several automakers, including Volkswagen and General Motors, have stated that they believe the supply of semiconductors will begin to improve as the year progresses. If so, that’s welcome news for the industry, but don’t expect the supply of chips to return to pre-pandemic levels any time soon. Motor Intelligence on 06/11/2021
- GM raises 2021 earnings guidance on pricing and better chip supply
General Motors is slightly raising its 2021 earnings guidance on strong pricing, resilient consumer demand and a stronger-than-expected supply of semiconductor chips... CNBC on 12/01/2021
- New Honda CEO Announces Big Change of EV Strategy
Honda was among the pioneers of hybrid powertrain tech, along with Toyota, but just like its main local rival, it too has now fallen behind other automakers that have invested massively in fully-electric vehicles. Now in order to make up for the head start that others have gained, Honda’s new CEO wants the automaker to team up with another company that has more experience... Inside EVs on 12/01/2021
- Tesla announces it has officially moved its headquarters next to Gigafactory Texas
Tesla today announced that it has officially moved its headquarters to a location next to Gigafactory Texas in Austin... electrek on 12/01/2021
- Why Volkswagen is beating Tesla in Europe
Germany-based Volkswagen Group has risen from the ashes of its 2015 emissions scandal to become the EV market leader in Europe, where the company reported that it had 26% market share in the first half of 2021. While Tesla’s Model 3 has been selling well in the region, Volkswagen’s local manufacturing, brand familiarity and cheaper price points have helped give it an edge over Tesla... CNBC on 11/30/2021
- Genesis Revises G90 Flagship Sedan for 2022
Genesis unveiled styling revisions of its flagship sedan, the G90, giving it an increasingly distinctive look. The redesign should help lift sales of Genesis’s largest sedan, which saw sales slide 25% in the first half of 2021, even as sales of the smaller G80 and G70 sedans rose during the same period. Longer term, the company is planning to phase out gasoline-powered cars by the end of the decade, with all models running on batteries or fuel cells... The Detroit Bureau on 11/30/2021
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