Tag: preowned vehicles
How Tropical Storms are flooding the preowned vehicle market
Tropical storms and hurricanes, such as Hurricane Helene, can cause significant damage to homes, roads, and vehicles, often resulting in thousands of cars being...
Cox Automotive forecasts improved May new-vehicle sales driven by increased inventory/incentives
Cox Automotive anticipates a positive trend in May's new-vehicle sales compared to last year, buoyed by significantly higher inventory levels leading to more attractive...
Autotrader announces best cars for 2024 college graduates
As the class of 2024 graduates and embarks on their next adventure, many will be looking for new vehicles to accompany them. Autotrader, a...
Market Rebounds: Signs of normalcy as buyers return amidst growing inventory...
Affordability has been a major concern for dealers and consumers. In today's episode of CBT Now, we'll learn how the market performed in the...
EV sales show resilience in March registrations despite Tesla’s decline
EV sales rose by 3.8% in March, defying concerns of an "EV slowdown." Hyundai and Ford notably saw increased EV registrations, countering Tesla's 12%...
Mitsubishi plans U.S. revival with new models and retail concepts
Mitsubishi's product range in the U.S. has been limited, resulting in reduced consumer interest and a market share of only 0.6% last year. However,...
9 key areas of focus that drive more used car sales
For many franchised car dealers, the used car department significantly contributes to the bottom line. These sales are even more fundamental to independent automotive...
Best practices used car retailers must prioritize in 2023
Last year was one of the most challenging on record for the pre-owned vehicle market. Despite a strong performance in 2021, many used car...
How this advanced online trade appraisal tool can align your dealership...
On today’s show, we are pleased to welcome Sam Naimi, CEO and Co-Founder of AutoHub, an innovative automotive platform designed to help dealers buy...
Determining when a CPO is the Right Choice for Your Customer...
Recently, Autotrader announced the Best Non-Luxury and Luxury Certified Pre-Owned Programs for 2020. Since today’s car shoppers are focused on value and affordability, CPO...