'Auto Trends' Talks To Bloomberg Intelligence About New Vehicle Affordability And More

Bloomberg Intelligence Global Director of Automotive Research Kevin Tynan

For car buyers who have been out of the market since the pandemic, they might be somewhat alarmed when price shopping for a vehicle. The question everyone seems to be asking is when will new car prices begin to slide in reverse. This week on Auto Trends with JeffCars.com, Bloomberg Intelligence's Kevin Tynan, who is also known as a senior auto analyst, joins us to recap the first quarter sales, while discussing vehicle affordability. 

After a C-Suite Toyota executive announced in 2023 that the average price of a new vehicle would top $50,000, we'll deliberate about where average transaction prices are currently in 2024, as we examine non luxury, luxury and fully electric vehicle prices, as compared to 2021, when consumer demand outstripped inventory.

Bloomberg Intelligence Talks To 'Auto Trends' About Used Car Prices And More (Two Shows)

 

With the Federal Reserve constantly raising interest rates to combat inflation combined with the average new 'car mortgage' payment in October being a record $748 a month, tune in over the next two weeks as Bloomberg Intelligence senior auto analyst Kevin Tynan joins us for a two-part conversation to discuss the used car market, the state of car leasing and its impact on used car pricing, new car 

SiriusXM's 'Auto Trends:' November's Guests And Conversations

Friday, November 3

Topic: The Automotive Hall Of Fame With Historian Bill Chapin

Guest: Bill Chapin, whose the president of the Automotive Hall of Fame, grandfather was one of the founders of Hudson Motor Company. Hudson Motor Company was absorbed by American Motor Company and then Chrysler.

Hudson's grandson takes our listeners on a fascinating journey, sharing his family connection to pioneering the automotive industry to identifying many of the trailblazers and inductees that have been honored by the Automotive Hall Of Fame, since its establishment in 1939. 

Chapin, who is an automotive historian, wraps up our conversation talking about the Michigan-based Automotive Hall Of Fame Museum, and its upcoming move to the heartbeat of the auto industry - downtown Detroit.