Dealers Cite Sales Bottleneck Due to Low New Car Inventory Levels
Cases of the novel coronavirus have been on the rise in Florida with more than 12,000 new cases being reported per day. In Texas, there are nearly 150,000 active cases...
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
Daily Automotive News
Car Buyers Have Positive Outlook, But Still Show Concerns From COVID-19
There may be a swing in optimism among car buyers even in the midst of the COVID-19 pandemic. At least, that seems to be the indication from consumers participating in...
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Oil Prices Suppressed by Low Demand, How Auto Retail May React
American oil prices have rallied back from an all-time low of negative $37.63 per barrel for May futures on West Texas Intermediate (WTI) crude on April 20th. At that price,...
Auto Stocks Benefiting from Rising Used-Car Values
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Amidst COVID-19 concerns domestic automakers from Ford to Dodge to GMC are debating whether to post-pone their highly anticipated product announcements or to debut them in an online setting. Following...
Penske Automotive Forecast a Profit in Q2
The coronavirus pandemic has taken a chunk out of sales across all auto retailers. The path back to profitability seems like a treacherous mountain for many dealers. However, Penske Automotive...
Virginia Nissan Dealer Dan Banister on How to Close the Racial Divide in Retail Automotive
On today’s show, we’re so pleased to welcome Dan Banister, Owner of Banister Nissan of Chesapeake and Banister Nissan of Norfolk in Virginia. In this segment, Dan and Jim tackle...
New Deloitte Report Examines the Pandemic’s Effect on the Future of Auto
A new report by Deloitte Insights has been released that delves into the long-term effects that the novel coronavirus pandemic may have on the automotive industry. The report titled “How...
New Stimulus Package Expected, But Payments Likely Smaller This Time
When Congress returns on July 20th, Mitch McConnell expects that a new COVID-19 stimulus package will be on the agenda. The Senate Majority Leader made the comments regarding a rescue...
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