Tag: economic conditions
Selling cars despite the current economic uncertainty
Automotive retailers have seen a massive upheaval in recent years. Between the effects of the COVID-19 pandemic, inflationary concerns, higher borrowing costs, and general...
Retail sales rose 0.3% in May, beating analyst expectations
Despite the challenges posed by persistent inflation and rising borrowing costs, Americans increased their spending at retailers in the month of May.
According to the...
Carvana stock downgraded to market perform at Cowen & Co.
According to reports from CNBC, research analysts at Cowen & Co. downgraded Carvana from "outperform" to "market perform, based on the retailer’s significant debt...
Market-based sales objections will happen—here’s how to work through them
There is still uncertainty surrounding our lives, like rising inflation rates, gas prices, and the COVID-19 pandemic. If you're feeling the effects, your customers...
Kevin Tynan, Bloomberg Senior Automotive Analyst, Shares His Industry Insight
As part of our continuing coverage of the Coronavirus, we’re pleased to welcome Kevin Tynan, Senior Automotive Analyst at Bloomberg Intelligence. In this segment, Kevin...
