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The Used Retail Days-to-Turn Estimate has continued to drop over the last few weeks and remains below 36 days.
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The Fed delivered on expectations today by raising the target rate for the Federal Funds Rate by half of a percentage point and announcing the plan to start reducing its balance sheet starting on June 1.
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VSC includes coverage for many types of vehicles and enhances consumer convenience benefits.
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The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.
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The automaker saw a Quarter One net income of $2.9 billion, just 2.7% lower than 2021, despite $2.5 billion in increased costs as global revenue rose 11%.
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Toyota Motor Corp. is getting closer to using up a key U.S. tax credit for hybrid and electric vehicles, a situation company leaders say will raise its costs and hinder the adoption of climate-friendly cars.
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Haeffner comes to APCO with significant financial executive experience in consulting and the automotive sector.
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Acquisition adds complementary product portfolio to Protective's asset protection division.
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With thousands of M&A transactions closed in the auto-related industry since 2021, consolidation is driving change and opportunity.
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Join 25-year industry veteran Thomas Johnson for a crash course on the RV retail and finance industry, including trends and terminology, dealer needs and pain points, and how to apply your hard-won automotive industry expertise to the RV realm.
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