Tag: sales
Kerrigan Index report reveals record-breaking stock valuations amid shaky economy
The COVID-19 pandemic rattled the American economy, and its impacts are still being felt in almost every sector. In 2020, many feared that the...
TrueCar predicts 16 million new car sales in 2021
Headed into another year of uncertainty, TrueCar is forecasting a healthy increase over 2020’s suppressed auto sales performance, expecting new light vehicle sales in 2021 to...
J.D. Power finds sales satisfaction increases due to pandemic tools
The technology and tools that dealers were forced to quickly adopt in the spring due to the COVID-19 pandemic are largely responsible for an...
Does the retail sales downturn predict the same losses for dealers?
Fox Business reports that "November saw U.S. retail sales fall for the first time in seven months, suggesting consumers are pulling back on spending amid a...
Study shows just 24 percent of salespeople are high performers
A new study identifies that less than one in four salespeople is performing at a level considered above average. The report called the “State...
Average transaction prices down slightly from October but industry going strong
According to Kelley Blue Book analysts, the average transaction price for new vehicle sales in November 2020 is expected to decrease marginally from last month’s high....
How the As-a-Service Revolution empowers dealerships to be more efficient
While disruptive technology sounds intimidating, it’s critical to support the changing way we do business. The “as-a-service” revolution is gaining more momentum now than ever before as a growing number of companies integrate their processes with cloud-based, data-driven platforms to better manage...
Used car industry seeing more inventory, all-time high prices
Customers have more choice and dealers have more to offer shoppers in the used car market, according to vAuto Available Inventory. Used cars have...
Why your dealership should put an end to trial closes
On this edition of Straight Talk, our host, David Lewis, shares with us his lastest car buying experience. About 30 days ago, Lewis decided...
Auto industry anticipates changes under Biden presidency
While emerging from the financial crisis in 2008, the Obama administration, which included president-elect Joe Biden, announced its goal to have 1 million electric...
