Shortage of Inventory, Not Buyers Challenges U.S. Auto Industry
The U.S. auto industry has no shortage of buyers currently, but it lacks the inventory to satisfy them.
April 6, 2022
The U.S. auto industry has no shortage of buyers currently, but it lacks the inventory to satisfy them.
April 6, 2022
Unprecedented 383 transactions completed in 2021, representing 830 franchises, nearly three times the pre-pandemic average, according to The Blue Sky Report by Kerrigan Advisors.
April 5, 2022
The report explains how dealership profits have tripled along with demand from dealership groups that want to acquire more stores.
April 4, 2022
March U.S. auto sales, when reported on Friday, will show a notable drop from last March as the market remains significantly constrained by lack of supply.
March 29, 2022
Throughput increased in 2021 as U.S. light-vehicle sales rose to nearly 14.75 million vehicles, according to dealership census.
March 29, 2022
Majority of young adults prefer used cars as affordable, sustainable alternative.
March 24, 2022
Mile for mile, it’s cheaper to recharge an electric vehicle (EV) than it is to refuel one with an internal-combustion engine.
March 24, 2022
BMW reports 2022 margins will be lower because of the Russia-Ukraine conflict.
March 17, 2022
Overall market declines continued last week, but the rate of declined lessened.
March 15, 2022
February’s CPO result is the highest since October 2021 and interrupts a six-month downward trend.
March 15, 2022
By sharply reducing fleet sales, Hyundai can deliver more inventory to dealers.
March 15, 2022
In January, Tesla Inc. lead U.S. luxury market sales, lapping segment leader BMW in new vehicle registration, finds Experian data.
March 10, 2022
The Ukraine invasion has ramped up the price of metals used in vehicles and OEMs likely will pass these costs on to consumers.
March 9, 2022
Declines in wholesale prices continued last week, despite an improvement in conversion rates.
March 8, 2022
New-vehicle sales volume has been averaging just over 1.05 million each month since last August, and this February is not expected to buck the trend.
February 24, 2022
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