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Categories: Auto Finance, Dealer Ops, Industry, Sales, Showroom
Light Vehicle Sales Rise in November

November’s SAAR of 14.1 million units rose 7.9% compared to November 2021 but was down 6.5% compared to October 2022.

https://www.agent-entrepreneur.com/369536/light-vehicle-rise-in-november
Categories: Auto Finance, Dealer Ops, Fixed Ops, Industry, Sales
NADA: October New Light-Vehicle Sales Up Nearly 10% from September

New light-vehicle sales in October 2022 totaled a SAAR of 14.9 million units, the second-highest monthly total this year.

https://www.agent-entrepreneur.com/369285/nada-october-new-light-vehicle-sales-up-nearly-10-from-september
Categories: Auto Finance, Dealer Ops, Industry
NADA Report Shows Sales Compensation Soar

Earnings eclipse $100K for first time as low inventory, higher sticker prices pad wallets.

https://www.agent-entrepreneur.com/369253/nada-report-shows-sales-compensation-soar
Categories: Auto Finance, Dealer Ops, Industry, Sales, Showroom
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.

https://www.agent-entrepreneur.com/369190/down-economy-requires-dealers-to-up-their-game-say-experts
Categories: Auto Finance, Dealer Ops, Industry, Sales, Showroom
NADA Releases Third Quarter 2022 U.S. Auto Sales Analysis

The third quarter of 2022 closed with a new light-vehicle sales totaling a quarterly average SAAR of 13.3 million units, down slightly from a SAAR of 13.4...

https://www.agent-entrepreneur.com/369112/nada-releases-third-quarter-2022-u-s-auto-sales-analysis
Categories: Compliance, Dealer Ops, Industry
FTC Rules Top Concerns in NADA Update

NADA President and CEO Mike Stanton discussed the state of automotive retail today in the most recent NADA Update.

https://www.agent-entrepreneur.com/369074/ftc-rules-top-concerns-in-nada-update
Categories: Auto Finance, Dealer Ops, Fixed Ops, Industry, Sales, Showroom
NADA: September 2022 New Light-Vehicle Sales Up 9.6%

New light-vehicle sales in September 2022 totaled a SAAR of 13.5 million units, up 9.6% from a year ago.

https://www.agent-entrepreneur.com/369057/nada-september-2022-new-light-vehicle-sales-up-9-6
Categories: Compliance, Dealer Ops, Industry
FTC Denies Extending Comment Period on Proposed Dealer Regulations

The FTC voted 5-0 against a further deadline extension after receiving approximately 2,400 comments.

https://www.agent-entrepreneur.com/368760/ftc-denies-extending-comment-period-on-proposed-dealer-regulations
Categories: Dealer Ops, F&I, Industry
NADA Challenges the FTC’s New Advertising and F&I Rules

The National Automobile Dealers Association has challenged the Federal Trade Commission's proposed rules on dealership advertising and finance and insurance.

https://www.agent-entrepreneur.com/368487/nada-challenges-the-ftcs-new-advertising-and-fi-rules
Categories: Dealer Ops, Industry, Showroom
EV Prices Continue Upward Trend

CarGurus.com reveals the average listing price for a new electric vehicle stood just under $60,000 at the end of June, marking a 13% increase since February.

https://www.agent-entrepreneur.com/368433/ev-prices-continue-upward-trend


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