Tag: average transaction price
Average transaction price for new car sales increases $139 for a...
New data released by Cox Automotive's Kelley Blue Book shows the average transaction price, or ATP, for a new vehicle in the US in July was higher than the...
Expect strong new and used car sales in 2022 due to...
Industry experts are predicting that dealer activity in the new year will be easily sustained courtesy of above-normal consumer demand for vehicles. The effects...
New metrics to brag about in new car business
Traditionally, a dealership’s new-car business is monitored by monthly sales results. Like the sports teams we passionately cheer for, the success of auto brands...
Bloomberg Senior Analyst Kevin Tynan on the current state of retail...
From pivoting to digital retail to inventory and chip shortages, the pandemic played a key role in what retail automotive looks like today. On...
As incentives drop and prices rise, how can dealers convert shoppers...
For the first time as an industry, the average transaction price for new vehicles scratched its way across the $46,000 mark according to Kelley...
Are the October & November auto forecasts a sign of what’s...
New vehicle sales are expected to slide well into the double digits when October’s sales are reported, according to J.D. Power and LMC Automotive....
J.D. Power’s Tyson Jominy on the state of the automotive industry...
We were all anticipating relief from the inventory and chip shortages by now, but unfortunately, as most experts predicted, we are still dealing with...
JD Power and LMC Auto release automotive forecast for August
Last Thursday, JD Power and LMC Automotive released their projections for August 2021. Their joint assessment showed that sales are likely to see a...
How out-of-control prices are impacting both the new and used car...
New and used vehicle prices continue to climb to record high levels. On today’s show, we’re pleased to welcome Jessica Caldwell, Edmunds’ Executive Director...
July vehicle prices hit all-time high while incentives vaporize
The average transaction prices for new vehicles are pushing vehicle purchases into unaffordable territory for shoppers – at least, for those who can find...
