Tag: Edmunds
Supply chain problems still hindering auto sales—Is there an end in...
We know that successful dealership operations primarily rely on strong vehicle sales, but manufacturers cannot produce enough cars to satisfy consumer demand. Today on Inside Automotive,...
Edmunds’ Jessica Caldwell shares update on inventory shortages, interest rates, and...
Back in 2020, the automotive industry started experiencing supply chain delays that continue to impact the market today. On this edition of Inside Automotive,...
High gas prices lead to greater EV awareness, used car payments...
As gas prices continue to climb, more shoppers are turning their attention to EVs, according to Edmunds. Today on inside Automotive, we’re pleased to...
Edmunds exec. Jessica Caldwell discusses end-of-year sales for 2021
Consumers are coming back into the showroom or looking through your inventory online this holiday season. So as we wrap up the year, we...
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...
How long will car dealers feel the effects of the inventory...
On today’s show, we’re pleased to welcome Jessica Caldwell, Edmunds' Executive Director of Industry Insights, to give us an update on automotive industry sales and...
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...
Chip shortage update: How it is affecting prices in the new...
On today’s show, we’re pleased to welcome Jessica Caldwell, Edmunds’ Executive Director of Industry Insights, to give us an update on the chip shortage...
Car dealers are cashing in on high mileage vehicles
The chip shortage has caused remarkable pricing and profit shifts for new vehicles industry-wide, with some dealerships charging thousands more than MSRP. The pre-owned...
Average transaction price for used cars hits an all-time high
For the first time, the quarterly used Average Transaction Price (ATP) has reached $25,410 in the US, according to Edmunds data. It’s no surprise...
