Tag: new-car sales
New vehicle affordability improved in May despite higher prices and interest...
In May, the affordability of new vehicles experienced a slight improvement compared to previous months, according to new data from Cox Automotive. This positive...
U.S. new car sales to surge in May, dealer profitability remains...
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new car sales, including retail and non-retail transactions, are expected to...
Selling is discovery: Determining what your customer needs [+5 questions to...
Even all-star sales team members can experience hiccups when helping car buyers find the best vehicles for them. You may have a customer who...
U.S. auto sales defy economic headwinds in first-quarter of 2023
Amid an uncertain economic outlook, the automotive industry has much to be optimistic about with March's auto sales performance. With year-over-year new vehicle gains...
Porsche optimistic on 2023 outlook, expects near 20% return on sales
Luxury German automaker Porsche has published its 2023 outlook, predicting it will earn nearly 20% back on sales.
The optimistic forecast arrives just after Porsche...
You have more control over market share than you think you...
Market share isn’t driven by world events. It has nothing to do with the price of gas, Putin’s war, or rising interest rates. Good...
Navigating challenges new and old in retail automotive — Jason Frampton,...
On this episode of Inside Automotive, Jason Frampton, Market President of Ken Garff Automotive Group, joins host Jim Fitzpatrick to discuss how his dealership...
February U.S. auto sales: Ford and Hyundai show marked improvements, Japanese...
According to preliminary estimates from LMC Automotive, a leading automotive forecasting, and data company, U.S. auto sales saw a notable increase in February 2023....
January auto sales start strong but reveal changing landscape for dealers
January auto sales are off to a strong start, but they show a possibly altered retail situation for dealers. The automotive industry is facing...
Desking. It’s not broken, but…
Last month, we launched our new Showroom and Desking solutions, and I had several dealers reach out to me, intrigued. “Why would CarNow enter...
