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As wholesale prices started to decline in July, the seasonally adjusted Retention Index reversed the trend for the first time this year and decrease to 161.8 points.
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Completed surveys enter the voter into a drawing for one of two $200 Amazon eGiftCards.
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The company will idle plants in Flint, Michigan; Fort Wayne, Indiana; and Silao, Mexico, just one week after the plants resumed production after an earlier shutdown related to the shortage.
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If you’re trying to sell to Generation Z buyers, new data shows they have a radically different mindset from millennials and all buyers overall, requiring businesses and sales professionals to adjust tactics to close the deal.
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Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.
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Ford presently offers only five key vehicle models in the country including its flagship EcoSport and Endeavour models, which are now losing share to newer competing products.
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Binary Automotive Solutions new marketing collateral delivered free of charge to dealer partners include place mat laminates, custom stickers and animated videos.
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The Director of Corporate Development is a new role for NAC, an award-winning F&I provider that announced four agency acquisitions in 2020, with more slated for 2021.
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The U.S. auto market has seen growth this year in nearly every segment, but no segment is growing more quickly and more relentlessly than electrified vehicles.
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“We expect inventories to continue to normalize throughout the back half of 2021 and in the first part of 2022,” said Chris Holzshu, Lithia chief operating officer, in an earnings conference call.
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