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Sales

Newsby StaffDecember 21, 2021

Tight Inventories Cause Brand Loyalty to Dip

Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.

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Newsby StaffDecember 21, 2021

Pent Up Demand to Boost 2022 New Car Sales

Edmunds predicts 15.2 million new cars sales in 2022, a 1.2% increase from its 2021 vehicle sales estimate.

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Newsby StaffDecember 16, 2021

Used Car Values Hit Record Highs

The J.D. Power Valuation Services Used Vehicle Price Index reached an all-time high in November. 

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NewsDecember 8, 2021

NADA Market Beat: Limited Vehicle Availability Continues to Impact Sales Despite Slight Inventory Increases in November

While November began with a slight increase in inventory levels from September’s all-time lows, limited vehicle availability continues to keep sales well below current demand.

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Newsby StaffDecember 2, 2021

New Data Shows Delinquencies Remain Low Amid Rising Average Vehicle Loan Amounts

Experian’s "State of the Automotive Finance Market: Q3 2021" report finds delinquencies remain lower than pre-pandemic levels.

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Newsby StaffDecember 1, 2021

Cox Automotive Forecast: November Auto Sales Stuck in Low Gear As Consumers and Dealers Face Tight New-Vehicle Inventory and High Prices

November’s seasonally adjusted annual rate of sales is forecast to finish near 13.4 million, down 16% from last year when the sales pace was 15.9 million.

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Articlesby StaffNovember 30, 2021

Black Book: Weekly Market Updates

Days-to-turn for used retail listings have slightly increased and now sits just above 38 days, which is still lower than what is typically expected.

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Newsby StaffNovember 23, 2021

Black Book: Weekly Market Report

Values aren’t showing any signs of slowing down, with most expecting this strength to last through the traditional Spring selling season.

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ArticlesNovember 18, 2021

How to Be More Effective Building and Managing Your Sales Pipeline

Sales is entrepreneurship, and your pipeline is your business — you should be reviewing and analyzing this on a regular basis to grow your business.

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Newsby StaffNovember 17, 2021

Bezos-backed Rivian’s Meteoric Rise Represents a Fundamental Change in the Valuation of Automotive Stocks

The Rivian value debate demonstrates how investors can be split into two categories: those that make decisions based on recognizing future themes and those that invest based on traditional financial performance metrics

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