Tag: automotive sales news
Auto credit availability improved across all channels in October
The Dealertrack Credit Availability Index showed a rise in auto credit availability across all channels and lender types in October. The All-Loans Index reached...
Drive your dealership’s sales with personal marketing strategies – Sean Gardner...
Consistent and robust marketing is the key to every successful business. In today's episode of Inside Automotive, Sean Gardner, Instructor and sales Trainer for...
Revitalize your dealership culture for today’s automotive market – Jen Suzuki...
According to the National Automobile Dealers Association (NADA), dealerships' annual turnover rate continues to grow at an alarming rate, with over 46 percent of...
Consumers paying more for new vehicles as ATP increases in May
Average transaction prices (ATP) for new vehicles increased slightly in May, although consumers continued to pay below the manufacturer's suggested retail price (MSRP) for...
Access to auto loans declines over May, credit tightening continues
Auto loan availability dropped to a two-year low in May under restrictive lending standards as consumers struggled to obtain financing for their vehicle purchases.
According...
How car dealers can beat stereotypes in automotive sales — Matt...
According to the U.S. Department of Labor's data, sales is the largest profession in the country, with a massive concentration in automotive sales. Yet...
U.S. new car sales to surge in May, dealer profitability remains...
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new car sales, including retail and non-retail transactions, are expected to...
April U.S. auto sales see solid year-over-year gains
April 2023 is a tale of two stories. One indicates that buyers are continuing to benefit from increased inventory offerings, while the other shows...
April U.S. auto sales poised to rise on improving inventory levels
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new-vehicle sales, including retail and non-retail transactions, are expected to...
Analysts makes cautiously optimistic prediction for Q1 auto sales
According to Cox Automotive's first quarter sales forecast, the U.S. car market has performed better than analysts expected at the end of last year.
Cox...