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Used Market Stabilizes
The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
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SEARCHMENUSEARCHThe Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
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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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The automotive industry's most in-depth and longest-running study of its kind reveals what today's consumers want.
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Inventory shortages have vehicle lessees re-evaluating their end-of-lease options.
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Dealer Mike Dunnahoo attributes Star’s $2,400 per vehicle F&I to honest sales, full transparency and a staff empowered to treat the customer right.
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Most categories of dealership service and parts businesses have recovered from COVID-19 shutdowns, especially customer-pay work.
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General Motors has requested its suppliers to sign a pledge of carbon neutrality and commit to social responsibility programs and sustainable procurement practices.
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The ongoing microchip supply shortage has caused automakers to trim 87,500 more vehicles from their production forecasts, reports AutoForecast Solutions.
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Packed with Wrapmate's proprietary core technology, this program offers dealerships an end-to-end ordering platform that creates a seamless, digital experience for dealers to sell vehicle graphics of all sizes directly to customers at the point of vehicle purchase.
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