Tag: New Vehicle inventory
Interest rate impact on dealership P&L more profound than easing consumer...
The Federal Reserve’s 50 basis point rate cut in September was the first since March 2020 — and prior to the onset of the...
New vehicle sales, inventory, and prices rise in December 2022
U.S. auto sales in December will likely improve by 4% year-over-year to 1.27 million, according to a forecasted analysis conducted by Cox Automotive. However,...
Results of CDK Global’s latest Ease of Purchase Summary – Dave...
Is the process of buying a car still difficult for consumers, despite the technology boosting digital retailing? Recently, CDK Global released its December Ease...
As incentives drop and prices rise, how can dealers convert shoppers...
For the first time as an industry, the average transaction price for new vehicles scratched its way across the $46,000 mark according to Kelley...
Top market trends car dealers need to focus on in Q4
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the...
A mixed bag in the latest Cox Automotive Weekly Summary
Cox Automotive released its weekly summary Monday, which included updates on sales and prices across the auto market, the Fed’s potential plans, home sales...
Cox Automotive’s Charlie Chesbrough reveals forecast for Q4 and how car...
The shortage of new vehicle inventory has led to a decline in sales and an uptick in stress for many of you. Cox Automotive...
J.D. Power’s Jonathan Banks on the future landscape for new and...
Will the used car market continue to grow? On today’s show, we’re pleased to welcome Jonathan Banks, Vice President and General Manager for Vehicle...
Hansel Auto Group’s David Long on inventory challenges, CA wildfires, and...
As dealers get back into the swing of things in the wake of the pandemic, some are adopting new business models and strategies while...
CA Dealer Hilary Haron on Facing Inventory Concerns and Encouraging Women...
As one of the earliest hotspots of the COVID-19 outbreak in the U.S., the state of California adopted some of the strictest business regulations...