Tag: Edmunds
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...
What current auto retail conditions tell us about the remainder of...
Joining us today on CBT News is the Executive Director of industry insights for Edmunds.com, Jessica Caldwell. Caldwell shares with us an update on...
Hyundai’s Santa Cruz launch showcases the appeal of compact trucks
On June 22, 2021, Hyundai Motor Manufacturing Alabama announced the launch of the brand-new 2022 Santa Cruz. It’s being labeled as a Sport Adventure...
Edmunds reports that new inventory continues to ‘dwindle’
Consumers who are ready to buy that shiny new car at a reasonable price may have to wait a while longer, according to an...
CarMax set to acquire Edmunds in $404 million transaction
Used-vehicle retailer CarMax announced that it has signed a definitive agreement to acquire Edmunds, one of the most notable automotive research and vehicle-listing firms...
How will the semiconductor shortage affect inventory levels in 2021? –...
In this segment of CBT News, host Jim Fitzpatrick is joined by Jessica Caldwell, Executive Director of Industry Insight for Edmunds. Caldwell joins the...
CBT automotive newscast: September 28, 2020
Today’s Featured Interview:
CBT News Market Update: Jasen Rice, Lotpop & Derek Mah, LotLinx
To quickly recap this week’s numbers, new car sales came out to...
Edmunds forecasts a ‘roaring comeback’ for auto sales in third quarter
Retail auto sales will be a turning point for the industry in the third quarter, according to a press release from Edmunds.com. As Q3...
CBT News Market Update: Jessica Caldwell, Edmunds & Mark Conner, LotLinx
Recent CBT News MarketCenter powered by LotLinx data has found that the 2020 SAAR as of July 21, 2020, is 11,457,857 units, compared to 13,104,082 at...