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According to Kelley Blue Book, incentives, inventory levels, and pickup truck market share contribute to gain; however, these levels are not sustainable.
https://www.autodealertodaymagazine.com/361164/average-new-vehicle-prices-up-4-year-over-year-in-may-2020
According to a forecast released by Cox Automotive, new light-vehicle sales volume in May is expected to finish near 1,050,000 units, down 33% compared to...
https://www.autodealertodaymagazine.com/361137/cox-automotive-forecast-u-s-auto-sales-begin-to-rebound-in-may-as-markets-reopen
David Jorgensen announced as co-owner and President of new division.
https://www.autodealertodaymagazine.com/361102/permaplate-siskin-enterprises-launches-permaplate-film-company
Black Book recently published an update to their COVID-19 Market Updates.
https://www.autodealertodaymagazine.com/361075/black-book-covid-19-market-update
As vehicle margins continue to compress, dealers need to differentiate themselves beyond vehicle prices and offer consumers a premium experience. An...
https://www.autodealertodaymagazine.com/361069/the-importance-of-online-reputation-management-for-automotive-dealers
The National Automobile Dealers Association announced that President and CEO Peter Welch will be retiring at the end of 2020.
https://www.autodealertodaymagazine.com/361032/nada-president-and-ceo-peter-welch-announces-retirement
Keeping practicality and affordability in mind, the editors at Autotrader have identified the 10 Best Cars for Recent College Graduates in 2020.
https://www.autodealertodaymagazine.com/361027/autotrader-names-10-best-cars-for-recent-college-graduates-in-2020
April saw the largest drop (-7.9 points) since the Index’s inception in 2005.
https://www.autodealertodaymagazine.com/360999/black-book-used-vehicle-retention-index-sees-largest-decline-ever-in-april
The April SAAR represents a drop of 47.6% compared to April 2019. Yet many industry watchers believe auto sales have bottomed out and are showing signs of...
https://www.autodealertodaymagazine.com/360991/nada-april-2020-saar-falls-to-8-6-million-units
Analysts say April will be the worst auto sales month in at least 30 years due to the coronavirus pandemic.
https://www.autodealertodaymagazine.com/360937/new-vehicle-sales-continue-downward-slide-in-april-edmunds-forecasts