More cars are available, but record prices and rising interest rates will challenge customers.
NADA CEO Mike Stanton, outgoing Chairman Mike Alford, and incoming Chairman Geoff Pohanka shared what’s on deck for the year ahead.
The new a pilot service technician apprenticeship program will launch in New Orleans and Baton Rouge, La.
New research from Cox Automotive shows consumer satisfaction with the car buying process declined in 2022 for the second consecutive year.
NADA report shows business weakest in years.
Top five are familiar, especially with Honda’s return.
November’s SAAR of 14.1 million units rose 7.9% compared to November 2021 but was down 6.5% compared to October 2022.
New light-vehicle sales in October 2022 totaled a SAAR of 14.9 million units, the second-highest monthly total this year.
Earnings eclipse $100K for first time as low inventory, higher sticker prices pad wallets.
In a down economy, industry experts recommend dealerships offer a range of finance and vehicle options to address budgetary concerns.
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