Tag: market trends

JPMorgan Chase & Co. downgraded AutoNation's stock to "underweight" from "neutral" following a decrease in vehicle sales in 2022. The downgrade echoes the industry's mixed...

Lithia Motors revealed it had sold 271,596 new vehicles in 2022, beating the nation's longtime frontrunner AutoNation by 40,000 units. In Q4 alone, Lithia made...

Dealers are anxious to know what challenges await the automotive industry in 2023, which is why they are paying close attention to experienced perspectives....

Dealers have transformed the car buying experience with customers in mind, but many question the success of these changes. Recently, Cox Automotive published its...

Tesla has become the first American brand in 25 years to reach the top of the U.S. luxury market, beating out 2021's winner BMW. In...

Sonic Automotive has revealed record-breaking fourth quarter results in its earnings report, with sizable gains in revenue and profit. In Q4, the North Carolina dealer...

Although the 2023 car business is off to a strong start, dealers are anxious to avoid a false sense of security, and want to...

U.S. retail sales rose 3% in January, according to the U.S. Commerce Department, the biggest monthly increase since March of 2021. Analysts had originally expected...

As the dust settles on the 2023 car market, dealers are obsessively watching for signs of change. The year promises to be pivotal for...

Inflation outpaced expectations in January as the consumer price index (CPI) gained 0.5%, but despite the new numbers the recession debate remains unresolved. The CPI...