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buyers

Q4 car buyers making bigger purchases, putting more money down

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During the fourth quarter of 2020, the average down payment for new vehicle buyers increased notably from $4,329 a year ago to $4,734. Over...

CBT automotive newscast: December 21, 2020

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Today’s Featured Interview: How to build and sustain a strong company culture at your dealership - Alex Casebeer, Capitol Subaru For the seventh year in a...
Black Friday

Lower volume, higher profits the name of the game for dealers...

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In yet another twist on a topsy-turvy year, Black Friday car deals are expected to be less aggressive than they have been in previous...
unemployment

Conflicting views on US auto recovery as unemployment up, sales up

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The Associated Press posted Thursday that the number of unemployment benefit applicants rose by 898,000 last week. That’s the highest number reported in the...
Edmunds

Edmunds forecasts a ‘roaring comeback’ for auto sales in third quarter

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Retail auto sales will be a turning point for the industry in the third quarter, according to a press release from Edmunds.com. As Q3...
Q2

How Auto Sales Fared in Q2 2020 Amid Pandemic

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Virtually nobody doubted that the coronavirus pandemic would hit the auto industry hard and lead to supply chain delays, parts shortages, and a sharp...
COVID

Industry Surprised at Pace of Pandemic Recovery in Automotive

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For eight weeks, production at North American auto factories was silent, except for personal protective equipment to aid in COVID-19 treatment and prevention. In...
new model

Will New Model Releases and Concepts be Delayed?

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On March 29th, the organizers of the North American International Auto Show officially pulled the plug on the 2020 event. Scheduled to run from...
interest rates

June Sales Results Meet Expectations as Dealers Invest in New Pricing...

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While the final numbers are still slated to come in, June's sales results are estimated to bring 2019's SAAR to between 17 million and...

April’s Auto Sales: Upswing in Luxury Vehicle Demand

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March was deceptively positive. The month had a slightly stronger showing than analysts originally predicted. While most automakers floundered, the month ended with a...