Tag: auto sales report
May auto sales come in hotter than projections but cool down...
May’s new auto sales are defying even Cox Automotive’s initial expectations. It looks like the release of pent-up demand due to an increase in...
Car prices in flux, may decline from overproduction, ‘price wars’
Analysts expect to see car prices drop in the coming months as automakers overproduce in the face of declining demand.
A report by UBS predicts...
Hyundai and Kia report higher auto sales for May, see EV...
Kia and its parent company Hyundai published monthly reports for the U.S. showing higher auto sales numbers throughout May than during the year-prior period.
Hyundai Motor America's retail...
Model Y projected to world’s best-selling car, first EV to top...
First-quarter data is expected to show Tesla's Model Y as the world's best-selling
car, beating the Toyota Corolla and becoming the first electric vehicle to...
Driving results in fixed-ops: Why forward-thinking dealers achieve better results
Forward-thinking dealers have drastically improved fixed operation profits over the last year, but what factors are driving these results? In this CBT News Power...
Affordability improves in April, but new car prices remain high
Data from Cox Automotive suggests that vehicle affordability improved slightly in April, although pricing pressures remain high.
The Vehicle Affordability Index found that the median...
S&P Global reports average car age of 12.5 years, setting new...
According to a new S&P Global study, U.S. drivers are holding onto their used vehicles longer than ever before.
The firm's research found that light...
OEMs want to transform the car business: Should dealers be worried?...
Automakers are pushing for sweeping changes to way vehicles are sold, but how do franchisees factor into their plans? On this episode of Inside...
OEMs actively discussing affordability, expect to see discounts and incentives
Multiple automakers are signaling the return of incentives as they consider options to address rampant unaffordability in the current car market.
In comments made to...
The pitch-less sales pitch: How successful dealers win over difficult clients...
How do successful salespeople persuade guarded or disinterested car buyers? On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Matt Easton,...
