Tag: automotive sales reports
Mastering value-centered sales with Sean Gardner
In the world of sales, there's a constant tug-of-war between price and value. While both are important, an overemphasis on price doesn't put dealers...
BYD overtakes Ford as the sixth-largest automaker
BYD, the Chinese automaker, is quickly climbing the ranks and is on track to sell 4 million units this year. The company recently outsold...
Vehicle sales surge as consumer confidence hits new heights
According to new data from Cox Automotive, the U.S. auto market is closing 2024 on a strong note. November sales maintained a seasonally adjusted...
SUV market share hits record despite affordability crisis
SUVs continue to dominate the U.S. auto market, capturing 58% of all vehicle transactions between January and October 2024—a record high, according to Edmunds....
Wholesale used vehicle prices rose in early November
Wholesale used vehicle prices increased by 1.6% in the first half of November while the Manheim Used Vehicle Value Index (MUVVI) reached 206.1, up...
KBB reports modest ATP increase for new vehicles in October
Despite the challenges, automakers are demonstrating resilience by working overtime to clear bloated inventory levels and finish out 2024 strong. According to Kelley Blue...
U.S. EV sales take second place worldwide thanks to “crucial” tax...
A sharp rise in electric vehicle sales has made the U.S. the world's second-biggest EV market behind China.
According to technology-market research firm Counterpoint, first-quarter EV...
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...
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...
