Tag: market

CarMax has announced cuts to hiring and stock buybacks in an effort to recoup from a devastating third quarter. The company suffered an 86% profit...

Post-pandemic car buying is on fire right now. Cox Automotive estimated that April 2021’s used car SAAR was 41.0 million, climbing by a half-million...

Elon Musk hasn’t particularly cared about tradition and has often upset those who have enjoyed the control they had on their business environment. Recently,...

Question for General Managers in dealerships each month: Do you understand what your marketing budget is delivering? There is a lot of money being spent...

Car subscription services under the Stellantis umbrella are set to expand into a total of six American states by year’s end, according to a...

Chip shortages, factory shutdowns due to COVID outbreaks, and a lack of used car inventory from rental companies are all combining to create supply...

If a recent MSNBC story and reports of what is happening at Barclay Bank are any guide, a blind hairpin turn could be ahead....

Years ago, in an OEM new product launch focus group, a manufacturer found out that 80% of the consumers were more interested in the SUV's...

Vehicles that look better sell better. But, as in most things, you may find yourself facing decisions on whether to focus on time, quality,...

A few years ago, I published an article about the need for a full time marketing manager in every automotive dealership. This view was...