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economy

Rates Rise as Auto Affordability Concerns Grow

Affordability challenges may dampen spring auto sales, finds Cox Automotive Auto Market Weekly Summary.

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Demand Destruction a Concern for 2023

Auto industry analysts remain on high alert for “demand destruction” as high interest rates, escalating vehicle costs, and a down economy threaten auto sales.

VW CFO Foresees Tighter New Year

Economic pressures expected to make 2023 even more challenging.

Mitsubishi Corp. Predicts Record Net Profit

Mitsubishi Corp. has raised its full-year net profit forecast by 21% to a record 1.03 trillion yen ($7 billion).

Down Economy Requires Dealers to Up Their Game, Say Experts

In a down economy, industry experts recommend dealerships offer a range of finance and vehicle options to address budgetary concerns.

Down Economy Will Impact All Automakers

An economic downturn could put all automaker’s, even those making luxury autos, earnings to the test.

Resolutions for Your F&I Department

How trends from the past decade will impact F&I in 2020 and beyond.

Will Auto Sales Top 17 Million Vehicles for Fifth Year Running?

For the fifth year in a row, auto sales in the U.S. are expected to top 17 million vehicles.

SUVs Continue to Grow

Ford, Toyota and GM are enlarging their already hefty vehicle lines.

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5 Ways to Sell Like It’s 2008

The Great Recession put dealers and manufacturers on a bad path. Reclaim grosses by putting the focus back on long-term value and the ownership experience.

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