Tag: 2022
Why are customers less satisfied with the car buying experience?
Dealers have transformed the car buying experience with customers in mind, but many question the success of these changes. Recently, Cox Automotive published its...
Sonic Automotive posts record breaking Q4 results for 2022
Sonic Automotive has revealed record-breaking fourth quarter results in its earnings report, with sizable gains in revenue and profit.
In Q4, the North Carolina dealer...
Lucid finished Q4 of 2022 strong, but still faces challenges
Electric Vehicle newcomer Lucid announced it had beaten last year's production target thanks to a strong performance in Q4 of 2022.
The automaker's revised manufacturing...
EV newcomer Polestar beat 2022 sales goal, hit 51,500 orders
One of the newest electric vehicle brands, Polestar, had exciting news for the auto-world after it surpassed its 2022 sales goal.
The Sweden-based EV manufacturer...
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...
Ford no. 1 in U.S. recalls for second year in a...
Ford has earned the (dis)honor of making more U.S. recalls than any other automaker in 2022.
This is the second year in a row that...
Rare Tesla discount gets boost for holidays as investors worry over...
In an extreme departure from form, the holiday Tesla discount will be doubled to $7,500 in the U.S.
The Tesla discount was already a rare...
New Edmunds report forecasts modestly improved new vehicle market in 2023
Market researchers at Edmunds believe that 2023 will bring a small but noticeable increase in new vehicle sales thanks to slight economic recoveries seen...
Used-car market floundered in 2022, according to Cox report
A new Cox Automotive report reveals that the used-car market continually shrunk throughout 2022.
Using the Manheim Used Vehicle Value Index, Cox Automotive's preferred tool...
What does Cox Automotive forecast for the automotive industry in 2022?
Cox Automotive has released its 2022 forecast, which predicts that new car sales will increase, used car sales will remain strong, the ongoing inventory...
