Tag: New Vehicle Sale
Lithia Motors drives towards $50 billion revenue goal, achieves record-breaking Q4
Lithia Motors (LAD) recently revealed a record-breaking revenue of over $31 billion for the year, with $7.7 billion achieved in the fourth quarter alone,...
New vehicle transaction prices drop, luxury brands offer significant discounts
According to an analysis by Kelley Blue Book, a subsidiary of Cox Automotive, the average transaction price (ATP) for new vehicles in the United...
New vehicle affordability continues to rise in August
As new vehicle affordability increased again in August, extending the monthly trend of moderate improvement throughout the year, income and vehicle market fundamentals continued...
31% of new vehicles were sold above MSRP last month
According to a recent study, the average price of a new car in February was $45,296 as opposed to the average manufacturer's suggested retail...
New vehicle affordability improves for the first time in 6 months...
In January, the Cox Automotive/Moody's Car Affordability Index showed an improvement for the first time in six months in new vehicle affordability. Auto loan...
Automotive industry trends and headlines from the past year
We thought 2021 would slow down, but the more things changed, the more they stayed the same in the auto industry. And there were...
The 7 most effective words to use when closing a deal
On the latest episode of Straight Talk, host David Lewis, President of David Lewis & Associates, talks about the seven most effective words, when closing...
Cox Automotive Reports an Increase In New-Vehicle Sales
With June just about done, many are releasing their mid-year reports, giving a sort of “State of the Union” for automotive sales. Earlier this...
