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Electrifieds Lead EU New-Vehicle Sales
Hybrids in particular lead not only EV market share but all power trains on the continent so far this year as gas and diesel continue their decline.
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SEARCHMENUSEARCHHybrids in particular lead not only EV market share but all power trains on the continent so far this year as gas and diesel continue their decline.
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Despite the decline, the trade group expects the California market will end the year with around 2 million new-vehicle registrations. That would be a slight decline from the 2.05 million registrations the market recorded in 2017, providing further proof the market has plateaued after several years of big increases.
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An extremely rare Ferrari became the most valuable car ever sold at auction, going for $48.4 million at RM Sotheby’s Monterey.
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Carsharing, ride-hailing, and other mobility services are becoming more popular as alternatives to vehicle ownership, according a new Cox Automotive study.
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The overall used-vehicle market continues to do very well, bucking the seasonal trends seen in previous years, Black Book reported this week.
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Honda, Hyundai, and Kia topped U.S. News & World Report's annual ‘Best New Cars for Teens’ list, while Buick, Toyota, and GM led the way in the pre-owned category.
Read More →Client Command is ranked among Inc.’s list of fastest-growing companies for the seventh time.
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Depreciation through the first half of 2018 stood at 13.7%, much lower than the 16.3% rate recorded in the year-ago period. Analysts say upstream remarketing has kept values strong despite the tidal wave of off-lease vehicles that returned to market during the period.
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June’s ‘abnormal bounce” in used-vehicle values continued in July, resulting in the Manheim Used Vehicle Value Index rising to 136.9.
Read More →Dealertrack has released Accelerated Title, a new solution designed to capitalize on a widely recognized auto retail trend.
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There is no such thing as downtime for a properly trained sales team. F&I pro shares a five-step plan for the showroom to monetize the time between ups.
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