Dealerships that capitalize on their current customers data have a distinct competitive advantage when combatting the current inventory challenges.
Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.
AutoNation predicts demand for new vehicles will continue into next year, as low-interest rates and robust demand helped the retailer boost quarterly earnings estimates.
A Trump-era USMCA interpretation could subject used vehicles shipped to the U.S. to import fees.
The frenzied sales fever that pushed new car sales to record heights is cooling, with demand for pre-owned vehicles returning to more normal levels.
Lexus and Subaru rank highest for third consecutive year.
High demand coupled with low inventory has spurred consumers to order the vehicle they want.
Pilot program underway at two sites to expand capabilities, provide more vehicle data to clients.
Pilot program underway at two sites to expand capabilities, provide more vehicle data to clients.
Wholesale values continue to decline after a monstrous 22-consecutive weeks of gains; however, sales conversion rates were also down last week. We anticipate that dealers will begin gradually and moderately reducing their floors.
NADA's CEO reported the association’s approach to diversity, equity and inclusion is one that with repeated effort can gain momentum and grow larger.
By providing impactful and ongoing sales training, you will be creating a team of high-performing salespeople who in turn will be helping your business achieve, and likely exceed, your goals.
A proposal that gives higher EV tax credits to union shops has caused controversy over preferential treatment for EV incentives.
Wholesale values are finally starting to simmer down but make no mistake, supply channels haven’t been restored and the market remains strong.
As the industry rethinks the way in which it sources chips, auto retailers are left to deal with the true fallout — a lack of inventory.
Kelley Blue Book editors rank and comment on the 10 Best Back-to-School Cars for 2019, all starting at around $20,000 or less and still available on new-car lots.
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