Tag: 2023
Experian data indicates strong EV performance in early 2023
Credit reporting agency Experian recently published consumer data in the electric vehicle market, revealing hidden strengths in the small but thriving segment.
According to Experian's...
Volkswagen reveals strong sales forecast after last year’s success
Volkswagen announced a strong sales forecast for 2023, anticipating revenue between 307 billion euros ($326 billion) and 331 billion euros ($352 billion).
The news comes...
Cox Auto expecting new light vehicle sales to grow 4% in...
In its February forecast, Cox Automotive revealed expectations for new light vehicle sales to grow 3.9% from January and 4% from the same time...
What January’s success can tell us about the 2023 car market...
As the dust settles on the 2023 car market, dealers are obsessively watching for signs of change. The year promises to be pivotal for...
Inflation growth in January surprises analysts, but recession remains uncertain
Inflation outpaced expectations in January as the consumer price index (CPI) gained 0.5%, but despite the new numbers the recession debate remains unresolved.
The CPI...
How to bring your team out of sales hibernation
The automotive industry is no stranger to the concept of sales hibernation. As a result, it is common for dealerships to experience a dip...
Ford, Farley and Formula 1: A peek into the brand’s future...
Jason Stein is the host of Cars & Culture on SiriusXM, an automotive history podcast featuring interviews from business leaders such as Volkswagen CEO...
Deloitte reveals the automotive consumer trends emerging in 2023
Consulting and advisory firm Deloitte has published its Global Automotive Consumer Study for this year, revealing the automotive consumer trends that are likely to...
January car sales highlights: Toyota shrinks, Honda improves, Hyundai surprises
Now that the majority of car makers have posted their January car sales numbers, we can take a closer look at the shifts that...
What must auto dealerships focus on this coming year? — Tyson...
After a challenging and disappointing year, dealerships are anxious to know what's in store for retail auto in 2023. Consumer research firm J.D. Power...
