News
January Auto Sales Chilled
The month is set to be off last year, J.D. Power predicts, though its full-year outlook is less gloomy, and dealer profits are up despite the odds.
Read More →
MENU
SEARCHMENUSEARCHThe month is set to be off last year, J.D. Power predicts, though its full-year outlook is less gloomy, and dealer profits are up despite the odds.
Read More →
While November began with a slight increase in inventory levels from September’s all-time lows, limited vehicle availability continues to keep sales well below current demand.
Read More →
As we head into the last month of the year, used retail listings have stabilized around 16% below where we started the year.
Read More →
The seasonally adjusted Retention Index increased to 189.9 points, reaching another record.
Read More →
Experian’s "State of the Automotive Finance Market: Q3 2021" report finds delinquencies remain lower than pre-pandemic levels.
Read More →
Though challenges remain, many positive signs point to a return to normal some time in 2022, says NADA Chairman Paul Walser.
Read More →
November’s seasonally adjusted annual rate of sales is forecast to finish near 13.4 million, down 16% from last year when the sales pace was 15.9 million.
Read More →
Days-to-turn for used retail listings have slightly increased and now sits just above 38 days, which is still lower than what is typically expected.
Read More →
Commerce Secretary urges Congress to pass funding designed to boost domestic production of semiconductor chips.
Read More →
Automaker reports batteries will power half of the vehicles it sells by 2030.
Read More →
Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of dealerships expect an increase in their valuation, 79% expect profits to rise and 77% expect to acquire more dealerships over next 12 months.
Read More →