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NADA President and CEO Mike Stanton discussed the state of automotive retail today in the most recent NADA Update.
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Brand, VW Group as a whole, want to take advantage of new federal tax breaks.
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Though improved, inventory issues remain, along with other market pressures.
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Inflation and interest rate hikes could dampen consumer demand.
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First such mine in the country for decades could be followed by others in Idaho region.
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Sales into large fleets, not including sales into dealer and manufacturer fleets, decreased 4.6% month over month in September to 122,586 units, according to an early estimate from Cox Automotive.
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New light-vehicle sales in September 2022 totaled a SAAR of 13.5 million units, up 9.6% from a year ago.
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Now continent’s most valuable carmaker after blockbuster IPO.
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Carmaker blames supply-chain issues, inflation for nearly 11% increase.
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Company launched its digital marketing campaigns to consumers in the Dallas Metroplex area.
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