2022-09-12 | consumers economy travel
... n-average inventory and incentives in August. Stellantis' incentives in August averaged 4.4% of ATP, up from 4.1% in July, but were still historically low. Source: Kelley Blue Book...
2021-06-22 09:08:19 | transportation
... fourth highest-priced models within the segment include the GMC Yukon XL ($79,695) and Yukon ($77,031), both priced substantially above the industry and segment average. Source: Kelley Blue Book ...
... etail sales excluding gasoline and automotive compared to April 2020 About Mastercard SpendingPulse Mastercard SpendingPulse™ reports on national retail sales across all payment types in select markets around the world. The findings are based on aggregate sales activity in the Mastercard payments network, coupled with survey-based estimates for certain other payment forms, such as cash and check. As such, SpendingPulse™ insights do not in any way contain, reflect or relate to actual Mastercard operational or financial performance, or specific payment-card-issuer data. Mastercard Spe...
2021-04-15 12:00:00 | transportation
... 54,000) has shifted the average transaction price of the segment as a whole. Lower prices for the Porsche Taycan also helped drive down average pricing in the segment. Source: Kelley Blue Book ...
2021-04-08 12:00:00 | consumers spending
... h rates increased by double-digits in March as we hit the one-year mark since the first Covid lockdowns impacted retail sales. According to Mastercard SpendingPulse™, U.S. retail sales excluding automotive and gasoline increased 26.3% year-over-year in March, and online sales grew 56.8% compared to 2020. Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment. Retail sales benefited from the infusion of stimulus payments, coupled with broader reopening across the country. This is particularly evident when looking at the first and second halves of the...
2021-03-12 | transportation
... hind with more than 14% growth year-over-year in average transaction prices. High performance cars saw the largest drop in average transaction price in February at 6.17%. Source: Kelley Blue Book...
2021-02-23 | insurance automotive
... ssion of additional stimuli, we look forward to continuing to examine the trends and identifying new opportunities of U.S. auto insurers in the year ahead," Sheehan said. Source: LexisNexis...
2021-01-25 09:21:00 | transportation automation
... al retailing tools. The results of the study are being released today. Digital retailing is not new to the automobile business, and Cox Automotive, among the largest automotive services providers in the world, has been a proponent of the approach for years, offering both the tools and the know-how to help dealers move more of the purchase process online. Still, the Cox Automotive Digitization of End-to-End Retailing study shows that only 1-in-3 franchised automobile dealers in the U.S. offer all the purchase steps online. The shift is on, though. In 2020, 69% of franchised dealers added ...
2021-01-21 14:00:00 | transportation spending
... ronco and Jeep Wagoneer. "It comes down to production cycles and a little bit of luck, but every so often there's a truly exciting product year for the automotive industry like we're about to witness in 2021," said Caldwell. "Between the GMC Hummer, the Tesla Cybertruck, and a debut vehicle from Rivian, the EV pickup truck segment is about to explode and we're going to see even more electrified SUVs enter the market. And under the new presidential administration, there could be the possibility of new tax credits or incentives for individuals that could finally help move the needle for elect...
2021-01-11 14:59:00 | transportation
... nned. One in 10 Americans (10%) opted to defer their automotive payment in 2020, but that rises to 23% among consumers aged 18-34. In addition one-third of U.S. consumers are pushing back their purchasing timelines for a new vehicle. The COVID-19 pandemic has given rise to more virtual transactions, but certain aspects of the buying process remain difficult to digitize, reinforcing the consumers' desire for an in-person experience. U.S. consumers remain largely in favor of in-person sales experiences (71%). Having the ability to see the car in-person remains a major deterrent for fully ...
2021-01-10 10:00:00 | transportation
... The J.D. Power U.S. Manufacturer Website Evaluation StudySM—Winter is a semiannual study that measures the usefulness of automotive manufacturer websites during the process of shopping for a new vehicle by examining four key measures (in order of importance): information/content; navigation; appearance; and speed. This year’s study finds that overall satisfaction averages 832 (on a 1,000-point scale) for the luxury segment, while the mass market segment averages 827. Study Rankings Land Rover ranks highest in the luxury manufacturer website segment with a score of 846. Lexus (...
2021-01-05 | spending automotive
... ly would fit the bill as new-car shoppers turning their focus on the used car market thanks to a good supply of near-new, off-lease vehicles hitting the market," said Caldwell. Source: Edmunds ...
2020-12-26 | holiday retail sales
... g day of the 2020 holiday season. Source: Mastercard SpendingPulse: U.S. Retail Sales* Grew 3.0% This Holiday Season ...
News and insights about consumer and demographic financial trends
Economic Uncertainty and Inflation Impact Retirement Prospects for Americans
AARP Survey Reveals Alarming Retirement Savings Trends
Hispanic Consumers More Optimistic About Finances
Homeowners Facing Increasing Insurance Rates
U.S. Foreclosures Increase In First Quarter
Consumers Perceive Less Buying Power Despite Lower Inflation
Consumer Price Index - March 2024
Americans Fear Running Out of Money More Than Death, New Study Finds
Consumers and Small Businesses Still Grapple with Persistent Check Fraud
Financial Education Gap Leaves Middle-Income Americans Seeking More