The current state of the used car industry—what goes up must come down
Over the past year, the auto industry has seen massive growth in both new and used car sales, with the latter seeing some of the highest prices in history.
Nevertheless, the...
TSLA379.7104.59%
GM78.100-0.43%
F14.1100%
RIVN15.6300.77%
CYD44.820-2.38%
HMC26.8300.69%
TM171.4804.98%
CVNA62.310-3.89%
PAG182.210-1.63%
LAD292.100-4.63%
AN191.640-0.41%
GPI301.7400.92%
ABG205.1702.12%
SAH84.5101.8%
TSLA379.7104.59%
GM78.100-0.43%
F14.1100%
RIVN15.6300.77%
CYD44.820-2.38%
HMC26.8300.69%
TM171.4804.98%
CVNA62.310-3.89%
PAG182.210-1.63%
LAD292.100-4.63%
AN191.640-0.41%
GPI301.7400.92%
ABG205.1702.12%
SAH84.5101.8%
TSLA379.7104.59%
GM78.100-0.43%
F14.1100%
RIVN15.6300.77%
CYD44.820-2.38%
HMC26.8300.69%
TM171.4804.98%
CVNA62.310-3.89%
PAG182.210-1.63%
LAD292.100-4.63%
AN191.640-0.41%
GPI301.7400.92%
ABG205.1702.12%
SAH84.5101.8%
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Cox Automotive expects a 20% drop in sales year-over-year for April
According to a report this week, Cox Automotive said that sales across all segments would fall in April and total around 1.23 million units, a 20% drop year-over-year and 1.7% less...
CBT automotive newscast: April 29, 2022
Headlines:
Auto retailer Sonic Automotive released its first-quarter results yesterday, which noted several record numbers all across the board. Revenue for the quarter increased almost 29% year-over-year to $3.6 billion, while...
CBT automotive newscast: March 30, 2022
Inside Automotive:
Advertising your dealership to attract new hires - Glenn Pasch, PCG Digital
On this episode of Inside Automotive, Jim Fitzpatrick speaks to Glenn Pasch, CEO of PCG Digital and automotive...
CBT automotive newscast: March 16, 2022
Inside Automotive:
Dealer profitability remains high, inventory supply falls short - Charlie Chesbrough | Cox Automotive
Today on Inside Automotive, we’re pleased to welcome back Charlie Chesbrough, Senior Economist and Senior Director...
CBT automotive newscast: March 1, 2022
Inside Automotive:
Author and former auto dealer Rich Miller on fighting against racial discrimination in the industry
At the young age of 36, Rich Miller became a franchise car dealer in St....
December auto sales underwhelm due to shuttered supply chain
The U.S. auto sales volume is below 15 million for the second year. Cox Automotive forecasts that December 2021 will have a sluggish showing of 1.10 million new automobile units...
Supply constraints and record profits color the November sales forecast
Automakers appear to be on the cusp of an inventory surge that would replenish dealer lots and offer more choice to customers. However, November’s sales forecast won’t reflect those effects...
Is it time for dealers to start thinking about virtual showrooms?
Car sales were heavily stymied as a result of the pandemic, and it undoubtedly forced dealerships to change procedures and try to find other ways to make up for missed...
CBT automotive newscast: November 22, 2021
Inside Automotive:
Cox Automotive's Charlie Chesbrough on how car dealers can remain successful in Q4
As we move through the final quarter of the year, you may be asking yourself what can...
