Compact segment bounces back as Skoda Octavia, Ford Focus surge

Skoda Octavia wagon 2022 — Sales of the Skoda Octavia, shown in the station wagon body style, increased by 38 percent through October.

December 07, 2023 05:30 AM

A surge in sales of two key models, the Skoda Octavia and the Ford Focus, has helped to return the compact segment to growth this year after it was disproportionately hit by supply chain shortages in 2022.

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Tariffs already hurting vehicle affordability as more price hikes loom

Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.

Michael Martinez

Tariffs already hurting vehicle affordability as more price hikes loom

Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

Kia technician training program for veterans helps dealership boost productivity

Kia technician training program for veterans helps dealership boost productivity

$11 billion tariff tsunami poised to wash over Japanese automakers looking to boost U.S. output

$11 billion tariff tsunami poised to wash over Japanese automakers looking to boost U.S. output

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