Cox Automotive and LMC report new-vehicle inventories shrank to just over 915,000 in September and predict further shrinkage as production issues and supply shortages linger.
October 19, 2021
According to Twinner, the average dealer group can expect to increase its turn rate by 15 percent and save up to $400 per car.
October 12, 2021
BMW is faring better than GM, and car dealers are coping better than component suppliers.
October 12, 2021
Report finds that the industry continues to rely on technology and customer feedback to improve the increasingly digital car-buying experience.
October 11, 2021
The biggest takeaway from this month’s value changes is that all the warm weather segments are down, most by substantial amounts. The only vehicles to see any upwards pricing pressure are the snowmobiles, which should be headed in that direction for the next several months, reports Black Book
October 7, 2021
September new light-vehicle sales fell for the 5th consecutive month to a SAAR of 1.2 million units, reported the National Automobile Dealers Association (NADA).
October 7, 2021
As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.
October 5, 2021
Asbury adds to the auto retail megadeals trend with its pending acquisition of Larry H. Miller Dealerships.
October 5, 2021
GM sales fall short of Toyota Motor Corp. over two consecutive quarters.
October 5, 2021
IHS Markit finds the average age of a car on U.S. roads rose to 12.1 years in 2021, up from 11.9 years in 2020. In comparison, the average age was 9.6 years in 2002.
September 30, 2021
The market continued to make gains this past week, marking the fourth consecutive week of overall wholesale value increases.
September 28, 2021
The automaker ranked 10 places higher than a year ago after easing up on its high-pressure sales program.
September 28, 2021
Ford Motor Co. President and CEO Chris Farley names making electric vehicles more affordable and mining battery minerals in the U.S. as top priorities.
September 28, 2021
Automobile sales in September are forecast to slow for the fifth straight month, as tight inventory, high prices take a toll on the industry.
September 27, 2021
GM entered agreement with the rental car company to funnel more loaner vehicles to dealerships amid the global microchip shortage.
September 22, 2021
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