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Franchised Dealers Stand to Gain Service Business
Cox Automotive research shows both the opportunities and the challenges in turning consumers’ growing affordability needs into increased fixed-operations revenue.
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SEARCHMENUSEARCHCox Automotive research shows both the opportunities and the challenges in turning consumers’ growing affordability needs into increased fixed-operations revenue.
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Lack of choice among reasons buyers try out makers they haven’t before, Edmunds survey finds.
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$9.2 billion will help fund three plants in the South in federal effort to increase EV supply chain in North America.
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Analysis of Xtime data showed increases in Repair Order Volume Index and the Repair Order Revenue Index.
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Sub-Compact Car reported the largest drop last week, down -0.75%. The prior week, the segment also had the largest decline for cars, with a decrease of -0.89%.
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Now in its 19th year, the online survey will remain open until June 30, 2023.
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Federal Reserve keeps interest rates steady but signals borrowing costs will increase by another half of a percentage point by year’s end.
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US market leader to lose dominance to legacy carmakers, bank predicts.
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May supplies reached 1.96 million, well above a year earlier, though still under historical norms.
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Analysts predict downward shift over the last two months will continue.
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CDK Global ease-of-purchase survey tracks change. Dealership inventories reaching normal levels as shoppers search for affordable options.
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