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As the first quarter of 2020 has come to a close, the National Automobile Dealers Association issued an analysis of U.S. auto sales and the economy, including the initial impact of the COVID-19 pandemic on both.
Leading fixed ops solution to provide dealers multiple key features at no additional charge.
Customer retention takes spotlight as 1.8 million auto leases mature between March and July.
Average new-vehicle prices up nearly 3% year-over-year in March 2020, despite COVID-19 impact on the economy, according to Kelley Blue Book.
Crisis triggers a 47.9% decline from 52-week high in December; Kerrigan Advisors release additional insights into automotive retail ramifications.
Wolfspeed technology harnesses silicon carbide’s superior performance for broader range of industrial power applications.
As more stay-at-home orders go into effect and dealership sales departments are required to close, the buying activity on the lanes has decreased and so have the prices according to this week’s Used Car Market Insights report from Black Book and Laura Wehunt, Vice President, Automotive Valuations.
Leader Auto Resources (LAR), Resilience Capital Partners enter partnership to enhance services, significantly grow U.S. business.
APCO Holdings announced they will begin providing free access to digital retailing tools and online training courses designed to help dealers as the coronavirus crisis impacts normal business operations.
Autotrader debuts Dealer Home Services to help sell and deliver vehicles without requiring a visit to the dealership.
Black Book has posted a new report with COVID-19 Market Updates (as of 3/26/2020) for the Specialty Markets.
Dealerships are in a unique position to capitalize on the shift towards a future filled with electric vehicles by transforming the customer experience.
IHS Markit has been analyzing prevailing auto demand conditions in light of COVID-19.
General Motors announced today that it intends to drawdown approximately $16.0 billion from its revolving credit facilities.
From increased sanitizing and cleaning to maintaining social distancing, auto dealerships are doing everything they can to keep their customers, employees and communities safe during the COVID-19 pandemic.
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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