Friday, December 4, 2020
Home Tags Auto sales

Tag: auto sales

June Auto Sales

June’s Cautious Optimism: Auto Sales are Up, But for How...

0
Click here, to see June Sales Totals for 2019 Talk about hitting it right on the nose. June’s overall auto sales came in at analyst’s expectations. Edmunds projected an overall increase of 3.4 percent, with the actual being 3.1 percent. A week earlier before the results were published, J.D. Power and LMC expected a rise […]
TO ACCESS THIS POST, YOU MUST LOG IN or SUBSCRIBE NOW
automotive market

Is the Strong Economy Masking Automotive Market Challenges?

1
Recently Edmunds released a report looking at car buying trends for 2018 and forecasting projected sales. They looked comprehensively into patterns across several years and into different areas of automotive retail and graphed the data to discover what dealerships might expect for the tail end of this year. The results? Though things are looking up for […]
TO ACCESS THIS POST, YOU MUST LOG IN or SUBSCRIBE NOW
auto sales

Tumultuous Auto Sales Forecast for Remainder of 2018

0
After a seven-year run of consecutive annual auto sales increases in the United States, the final sales figures for 2017 showed a regression of 1.8 percent. And at the end of 2017, forecasters predicted that automotive sales would continue to slip throughout 2018. Yet, throughout the first five months of 2018, many carmakers are at […]
TO ACCESS THIS POST, YOU MUST LOG IN or SUBSCRIBE NOW
interest rates

Rising Loan Amounts and Interest Rates Hurting Auto Sales

0
A May 28, 2018 St. Louis Fed On the Economy blog reported that the Great Recession of the early 2000’s took a huge toll on new vehicle sales and reduced them by 40 percent within 12 months, which caused a $107 billion decline in sales. As the United States slowly started coming out of the […]
TO ACCESS THIS POST, YOU MUST LOG IN or SUBSCRIBE NOW
selling process

Rethinking The Automobile Selling Process

1
The auto industry has made some big changes in the way a vehicle is advertised and sold. The consumer has so much available to them by way of technology before they even step foot into a car dealership to speak with a franchise dealer. Because certain steps to the automobile purchase are now being completed […]
TO ACCESS THIS POST, YOU MUST LOG IN or SUBSCRIBE NOW
Auto Sales

The Winners and Losers of May Auto Sales: A Month...

0
Just when analyst think they have an idea of the purchasing patterns of car buyers, consumers end up bucking trends and surprising us all. This year has indeed been an erratic ride when it comes to auto sales; April saw gains, while March and February saw declines. May is the next piece of the automotive […]
TO ACCESS THIS POST, YOU MUST LOG IN or SUBSCRIBE NOW
Auto Sales

Expectations for May U.S. Auto Sales: Higher or Lower than...

1
In January of 2018, Neal Boudette of the New York Times began a piece he wrote by stating, “The auto industry’s long-running sales party has come to an end.” This is expected to change, however, for May 2018 auto sales. Edmunds has come out with the forecast, which shows a welcomed increase in demand for […]
TO ACCESS THIS POST, YOU MUST LOG IN or SUBSCRIBE NOW
fuel prices

The Correlation Between Fuel Prices and Auto Sales

0
The automotive retail industry has ebbs and flows, no question. The national and global economies are factors in year-to-year fluctuations, and new model releases have an impact also. But there’s a larger influence at play in the automotive retail market, and the correlation is obvious. Fuel prices are the driving force in the automotive market, […]
TO ACCESS THIS POST, YOU MUST LOG IN or SUBSCRIBE NOW
Auto Sales

April Auto Sales Numbers Reflect What Is To Come –...

0
Like most months in this business, April saw some losers and some winners. To provide us with some perspective on last month’s sales figures, CBT Automotive Network is joined by Jessica Caldwell, of Edmunds.com, who helps us break down the auto sales numbers for you and shares some insight on where the SAAR may end […]
TO ACCESS THIS POST, YOU MUST LOG IN or SUBSCRIBE NOW
Auto Sales

The New Normal: Four Takeaways from April 2018 Auto Sales...

0
March seemed like a promise of good things to come in relation to auto sales. However, analysts were right to be cautiously optimistic. April’s auto sales saw a five percent decline when compared to last year’s numbers. In comparison to last month, March saw sales of approximately 1,653,529, and April’s estimated numbers dropped to 1,349,742. […]
TO ACCESS THIS POST, YOU MUST LOG IN or SUBSCRIBE NOW