Tag: interest rates
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...
What Do Dealerships and Bank Conversions Have to Do With TikTok?
Recently, a video by TikTok user Molly Baxter shared a shady business practice perpetrated by a few F&I managers that received thousands of views....
Major Purchases Surge, Showing Pandemic Recovery in Motion
Around ten weeks ago on March 15th, the Federal Reserve slashed benchmark interest rates to 0.25 percent to kickstart the pandemic recovery effort. It’s...
Working with Subprime Shoppers Part of the New Normal?
The US economy will rebound, as it always does. Between today and an eventual stabilization, there are bound to be significant challenges for business...
Nominal Gains Only Tell Part of the Story For July 2019...
According to NADA, overall new light-vehicle sales took a small hit in July. Unit sales for the month came in at 1.39 million. Even...
June Sales Results Meet Expectations as Dealers Invest in New Pricing...
While the final numbers are still slated to come in, June's sales results are estimated to bring 2019's SAAR to between 17 million and...
10 of the Coolest Cars Under $20,000 for 2019 from Kelley...
There are some cool cars getting on the road this year, and by cool we mean fun, techy, versatile and affordable. Those are the...
April’s Auto Sales: Upswing in Luxury Vehicle Demand
March was deceptively positive. The month had a slightly stronger showing than analysts originally predicted. While most automakers floundered, the month ended with a...
Rising New-Vehicle Prices Lead to Boom in Used-Vehicle Market
As new-vehicle prices continue to rise, so do interest rates. To compound the issue, manufacturers also seem to be getting stingier with incentives. This...
