
Hyundai Motor Co and affiliate Kia Corp. predict a 12.1% combined global sales jump in 2022, despite 2021 sales falling short of targets.
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Dealers are investing in older, used, high-mileage inventory, and they are also retaining vehicles taken on trade which would have previously gone to auction.
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IHS Markit forecasts lows in light-vehicle sales and production will give way to increases ahead.
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Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.
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High demand coupled with low inventory has spurred consumers to order the vehicle they want.
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Automotive analysts offer a breakdown of recent findings and prescribe how dealers can utilize data to differentiate themselves and stay a step ahead of the competition.
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