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Passenger vehicle retail sales dip 5% in August 2024; FADA raises alarm over rising inventory level
Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account…
PTI
Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report
The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…
ANI
Car companies have plenty of inventory, but the port strike will affect European brands the most
Though European automakers would be most affected by a prolonged strike, the industry has more than…
Benjamin Zhang,Nora Naughton
Retail auto sales grow by 13% in February, but elevated inventory levels a concern
The Indian auto industry reported a 13% growth in sales in February 2024, with all the segments rep…
The housing market is poised to loosen up as inventory climbs and prices cool, Fannie Mae says
The number of homes for sale is up 30% from levels last year, according to Fannie Mae.
Jennifer Sor
Home prices around the US are being cut at a faster pace as inventory piles up
Mortgage rates are still high but prices may be easing. Over 16% of homes saw a price cut last mont…
Jennifer Sor
The housing market's inventory crisis is finally easing
"Sellers who were on the fence in 2023 are now listing. They're more used to elevated rates now," s…
Filip De Mott
Retail auto sales up 13% MoM in October, but high inventory levels in PV a concern
Retail auto sales in October grew by a healthy 13% month-on-month but declined 12.6% year-on-year, …
Americans running out of unemployment benefits and part-time jobs at record levels point to a recession coming, economist says
Part-time gig workers are making the job market appear stronger than it actually is, according to D…
Jennifer Sor
From more inventory to lower prices, here are 3 signs the housing market may be getting better for buyers
More than a third of homes on the market have seen a price drop in May, the highest proportion reco…
Jennifer Sor
The housing market may finally be thawing as mortgage rates and housing inventory improve
Mortgage rates and housing inventory are moving in opposite directions as March kicks off, suggesti…
Phil Rosen
The housing market just saw its biggest inventory spike in nearly 3 years
In the four weeks to February 25, new home listings surged 12.9% compared to a year ago, while tota…
Phil Rosen
New launches see decline in Q3 on back of escalating property prices
New property launches increased by 2% in tier one cities, reaching 97,871 units in July to Septembe…
Target is limiting self-checkout hours in some stores as the retailer continues to battle missing inventory
While most Target stores are open daily from 8 a.m. to 10 p.m., some stores' self-checkout lanes ar…
Dominick Reuter
A flood of housing inventory will hit the market once mortgage rates hit this key level, Compass CEO says
Inventory has been tight recently, as 70% of homeowners are locked into mortgage rates below 4%, le…
Jennifer Sor
The housing market is seeing a resurgence as sinking mortgage rates unlock more inventory and sales
"Another reason sales are ticking up is buyers and sellers are finally living in the same reality,"…