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Dealers a Little Down
A third-quarter Cox Automotive survey finds them in a mixed mood, bummed by fallen customer traffic but encouraged by better profits, costs and EV interest.
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SEARCHMENUSEARCHA third-quarter Cox Automotive survey finds them in a mixed mood, bummed by fallen customer traffic but encouraged by better profits, costs and EV interest.
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Growing inventory, incentives shrink dealer profit, though sales are strong.
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Redline study says high-quality images increase consumer confidence.
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IIHS, Consumer Reports suggest used and new models with top safety ratings and less room for error, dangerous driving.
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Kudelski IoT’s RecovR offers key management and vehicle theft protection to help dealerships and consumers recover lost keys and stolen and misplaced vehicles.
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Subdued spring sales due to affordability issues pad inventory, except for the least expensive vehicles.
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Waning tax refunds pair with high interest rates to mute demand, Cox Automotive says.
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Study shows fewer shoppers are likely to buy one. J.D. Power says education on incentives could help win more over.
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Slight incentives pullback pushes ATP to its highest of the year, but Cox expects them to resume along with inventory.
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Flattening wholesale market continued last week as spring bump ebbs.
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