Tag: used vehicles
How to Manage the Off-Lease Vehicle Shortfall
The Certified Pre-Owned (CPO) sector is feeling the squeeze as the market faces a significant shortfall in off-lease vehicles. This shortage requires that dealerships...
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,...
Discover the best and worst vehicles that hold their value
In order to calculate five-year depreciation rates, iSeeCars examined more than 1.1 million vehicles sold between November 2022 and October 2023. This data's historical...
The evolution of auto consumer finances in the wake of economic...
With a possible recession on the horizon for the U.S., it is more important than ever for dealers to understand the status of consumer...
What January’s success can tell us about the 2023 car market...
As the dust settles on the 2023 car market, dealers are obsessively watching for signs of change. The year promises to be pivotal for...
What changes can dealers expect to see in the used car...
A crystal ball look into the 2023 used car market will be cloudy as this part of the industry responds to more stable new...
