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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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vAuto reports vehicle inventories dropped to 2.24 million vehicles in April, representing a 44-day supply.
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Volkswagen strength driven by best-selling models; Tesla falls on price declines for its most expensive vehicles.
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New inventory is not expected to see improvement until the third quarter of this year, so values are expected to remain at elevated levels throughout the summer.
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Join Connected Dealer Services at AE Experience on Monday, May 24.
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It’s more essential now than ever to capture customers as they’re starting the car buying process, and the first impression is happening online. It’s time to make sure yours is the best it can be.
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The Bureau of Labor Statistics reports the cost of previously owned sedans, pickups, and SUVs climbed 10% in April, accounting for over one-third of the 0.8% CPI increase.
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The automaker bases this assessment on a belief that electric vehicles will not catch up to gasoline-powered vehicles in terms of cost and convenience by 2030.
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Subaru FY2020 profits plunged by half as automaker grapples with the pandemic, microchip shortage and other factors.
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Car segment gains ticked up slightly this past week (+1.25%) compared to the week prior (+1.17%).
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The Black Book April Retention Index broke yet another record, reaching 152.4 points.
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