Tag: automotive sales news
Hyundai and Kia shatter November sales records with EV lineup gains
Hyundai and Kia achieved record-breaking U.S. sales in November, driven by strong demand for electric vehicles (EVs), hybrids, and crossovers. The automakers' continued focus...
November new-vehicle sales hold steady as incentives rise
According to new data from Cox Automotive, the market has shown signs of resilience as new-vehicle sales for November are expected to maintain a...
Nissan slashes U.S. production by 17% amid slumping sales
Things aren't looking up for Nissan as they continue to slash U.S. production by 17% for the 2024 fiscal year. The automaker aims to...
Trump’s tariffs threaten to slow U.S. EV market after 1M milestone
The electric vehicle (EV) market has hit a significant milestone, surpassing 1 million vehicles sold in the U.S., and is poised for further growth...
Karl Brauer weighs in on declining used car pricing trends
The drop in used car pricing is making it slightly easier for buyers to find affordable options. In today's episode of CBT Now, Karl...
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...
