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TAG SEARCH RESULT: Vehicle Sales

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December 16, 2015

Industry Analysts Discuss Rate Hike's Impact on Vehicle Sales

The Federal Reserve voted unanimously today to increase its target funds rate by a modest quarter point. One market research firm believes that could cut into sales by 150,000 units.

November 12, 2015

Embracing Tech Results in Higher Customer Satisfaction, J.D. Power Finds

In its 29th year, J.D. Power’s U.S. Sales Satisfaction Index Study showed that the use of technology tools like tablets and computer displays resulted in higher customer satisfaction.

September 17, 2015

Ford Syndicating Dealer Inventory to CarGurus.com

Ford is now syndicating its dealers’ new-vehicle inventory to CarGurus.com, a vehicle-shopping site that has drawn criticism for the way it rates dealers and their deals.

May 5, 2015

NADA: April Auto Sales Continue to Lead Economic Growth

Despite the average retail transaction price rising more than 3%, the NADA’s chief economist believes that future auto sales will continue to be backed by strong economic tailwinds.

February 3, 2015

IHS Forecasts 88.6 Million Global Light-Vehicle Sales in 2015

IHS Automotive is predicting an increase of 2.4% in global automotive sales in 2015, continuing an unbroken five-year run of growth and sales recovery from the Great Recession.

September 25, 2014

September Sales to Maintain Healthy Growth in 2014, Edmunds Predicts

Projected September sales would be an 11% increase from the previous year, with Edmunds predicting that about 1.26 million new cars and trucks will be sold during the month.

August 26, 2014

U.S. Sales Per Store to Reach All-Time High, Urban Science Reports

The average number of sales per dealership in the United States is on track to hit an all-time record of 904 units based on vehicle sales of 16.2 million, according to a new report from Urban Science.

July 1, 2014

J.D. Power: Transaction Prices Reach Record High

Transaction prices for the first six months of 2014 averaged a record $29,630. Consumer expenditures on new vehicles also reached a record high of $194 billion during the period.

June 24, 2014

Dealership Buy/Sell Activity Jumps 60% in Q1

The Kerrigan Quarterly Blue Sky Report also finds that blue sky pricing remains high for most franchises, with the market having established a pricing floor.

June 2, 2014

Feeling the Boom

The oil boom in North Dakota has fueled record sales for Kupper Chevrolet. And thanks to a few minor tweaks, the store’s F&I department has adapted nicely to its cash-flush clientele.