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The Federal Reserve voted unanimously today to increase its target funds rate by a modest quarter point. One market research firm believes that could cut into sales by 150,000 units.
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A Q&A with Warren Buffett and Larry Van Tuyl headlined the 2015 NADA/J.D. Power Automotive Forum, where the two executives discussed the direction of the nation’s fourth-largest dealer group post-acquisition.
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Terms are stretching, but the firm believes record lease penetration should maintain a healthy supply of future vehicle buyers with shorter purchase cycles.
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Early returns for the month of February show sales of light vehicles rebounding after being hampered by severe weather disruptions in much of the United States.
Read More →J.D. Power and LMC Automotive expect new-vehicle sales to reach 931,100 units in February, which would put the SAAR at 12.1 million units.
Read More →If October maintains its current sales pace, the industry will have achieved something it hasn't done since 2008, J.D. Power and LMC Automotive report.
Read More →J.D. Power and Associates reports that nearly one-third of in-market car shoppers use a mobile phone to assist with their purchase. Brands with the best mobile sites are Acura and Kia.
Read More →J.D. Power and LMC Automotive expect the industry to realize its highest monthly, new-vehicle selling rate in four and half years, with the industry expected to sell more than 1.066 million units this month.
Read More →The National Automobile Dealers Association (NADA), in partnership with J.D. Power and Associates, announced the creation of the Western Automotive Conference, which will be held the day before the Los Angeles Auto Show opens to press on Nov. 27.
Read More →New-vehicle retail sales are on track to end the first quarter particularly strong, with performance in March continuing the trend from the past several months, according to J.D. Power and Associates and LMC Automotive.
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