Tag: new-vehicle sales
How Sonic Automotive was able to break records in 2022 —...
Sonic Automotive recently reported revenue records for the fourth quarter and fiscal year of 2022. On this episode of Inside Automotive, Jeff Dyke, the...
KBB reports the ATP of new vehicles hit record highs in...
The average transaction price (ATP) of a new car in the u.s. reached a record high in December at $49,507, up 4.9% from the...
A breakdown of US auto industry performance in October with Charlie...
New-vehicle sales volume has been stuck around the 1.1 million mark for several months. On today’s Inside Automotive, Charlie Chesbrough, senior economist and senior...
New metrics to brag about in new car business
Traditionally, a dealership’s new-car business is monitored by monthly sales results. Like the sports teams we passionately cheer for, the success of auto brands...
US new vehicle sales in November are down once again
Auto sales are yet again being hindered by the ongoing supply chain issues, with a handful of automakers reporting notable drops in sales for...
Are the October & November auto forecasts a sign of what’s...
New vehicle sales are expected to slide well into the double digits when October’s sales are reported, according to J.D. Power and LMC Automotive....
JD Power and LMC Auto release automotive forecast for August
Last Thursday, JD Power and LMC Automotive released their projections for August 2021. Their joint assessment showed that sales are likely to see a...
Vehicle Sales Especially Trucks Stronger than Expected
When the March sales figures were released, the alarm bells sounded across the automotive industry. March new vehicle sales contributed to an overall quarterly...
Will Strong Car Sales Continue in 2019?
Ebbs and flows in the market are expected. 2019 shows to be the start of a market retraction after. After hitting a peak of...
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...
