Tag: trends
Exclusive: How dealerships are adapting to a new market in 2023...
In December of last year, Feldman Automotive Group celebrated the grand opening of their 19th dealership; the first freestanding Jeep dealership in Southeast Michigan. The...
New car buyers face record-high monthly auto loan payments
Monthly auto loan payments have hit an all time high, according to data published by Edmunds.
The report sourced data from the last quarter of...
How Hyundai is planning to beat last year’s sales volume
Hyundai and its subsidiary, Kia, now expect to beat last year's sales volume by 670,000 units, achieving a total of 7.52 million.
In its statement,...
Fewer Miles Driven in Past Few Months, and How It Could...
If you had the occasion to drive anywhere during the March, April, or May this spring, it would’ve been a remarkable difference in traffic...
Four Unique Vehicle Design Trends
Automotive technology is always changing rapidly to adapt to new inventions that will make driving easier and more enjoyable. From electric vehicles to bluetooth...
7 New and Exciting Trends in Automotive Manufacturing and Retailing
Automotive manufacturing and retailing have changed dramatically over the last 5-10 years. Technology is advancing at a break-neck pace. Self-driving cars, electric vehicles, and...
Auto Subscriptions Hit Red Tape
Car subscriptions are one of the hottest trends automakers are currently jumping on, but red tape might prove to be a significant stumbling block...
Are Prices At the Pump Influencing The Industry?
What gives automobile dealership owners chills at night? Stiff competition. A threat from Mother Nature. Rising gas prices.
Gas prices, indeed, are on the rise,...
Challenges in the Buy/Sell Market Today – Kerrigan Advisors Market Update
Ryan Kerrigan, Managing Director of Kerrigan Advisors joins CBT News to share insights on the automotive dealership buy and sell market, the health of...
The Effect Stair Step Programs Have on Small Dealers
A hotly contested practice in the retail automotive industry is stair step programs. Often called something more glamorous or cerebral such as Ford’s “Volume...
