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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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Just two of its EV, hybrid models qualify for full federal break after stricter limits issued.
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Sales reflect improved inventories across industry over last year.
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Move comes despite calls from officials to retain it for public safety.
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The used retail active listing volume index reverted back to one at the start of 2023. Currently, the index sits at 0.95 points.
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Consumers paying more and more as interest rates stretch costs to new highs.
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CFO says it will focus on design, recycling. Carmaker is also conceiving hydrogen model.
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Restrictions taking effect next month will eliminate some models from eligibility due to battery material sourcing outside the new parameters.
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Conditions still a long way from prepandemic, and greater economic forces could dampen demand.
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