Current developments affecting vehicle supply, pricing, repair costs, dealer activity, parts and labor. Updated as the evidence changes.
Federal regulators finalized a 2031 fleet target of 34.9 miles per gallon, well below the prior 50.4 mpg target, while ending credit trading by 2028.
SofteningSupplyU.S. motor-vehicle assemblies fell to about a 10.43 million annual rate from 10.81 million in July.
MixedLaborMotor-vehicle and parts dealers lost about 900 jobs in August; automobile dealers lost 3,600 while parts/accessories/tire retailers added jobs.
PersistentServiceMotor-vehicle maintenance and repair prices were up 5.2% year over year; maintenance and servicing was up 7.9%.
DivergingPricingNew-vehicle consumer prices were up 0.6% year over year in August; used cars and trucks were down 2.3%.