Twinner Puts American Dealers on Equal Footing with E-Commerce Giants
According to Twinner, the average dealer group can expect to increase its turn rate by 15 percent and save up to $400 per car.
According to Twinner, the average dealer group can expect to increase its turn rate by 15 percent and save up to $400 per car.
BMW is faring better than GM, and car dealers are coping better than component suppliers.
Report finds that the industry continues to rely on technology and customer feedback to improve the increasingly digital car-buying experience.
The biggest takeaway from this month’s value changes is that all the warm weather segments are down, most by substantial amounts. The only vehicles to see any upwards pricing pressure are the snowmobiles, which should be headed in that direction for the next several months, reports Black Book
September new light-vehicle sales fell for the 5th consecutive month to a SAAR of 1.2 million units, reported the National Automobile Dealers Association (NADA).
As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.
How electric vehicles will spark new opportunities in dealerships ready for change.
Asbury adds to the auto retail megadeals trend with its pending acquisition of Larry H. Miller Dealerships.
GM sales fall short of Toyota Motor Corp. over two consecutive quarters.
IHS Markit finds the average age of a car on U.S. roads rose to 12.1 years in 2021, up from 11.9 years in 2020. In comparison, the average age was 9.6 years in 2002.
The market continued to make gains this past week, marking the fourth consecutive week of overall wholesale value increases.
The automaker ranked 10 places higher than a year ago after easing up on its high-pressure sales program.
Ford Motor Co. President and CEO Chris Farley names making electric vehicles more affordable and mining battery minerals in the U.S. as top priorities.
Automobile sales in September are forecast to slow for the fifth straight month, as tight inventory, high prices take a toll on the industry.
GM entered agreement with the rental car company to funnel more loaner vehicles to dealerships amid the global microchip shortage.
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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