Titling can be a complex and time-intensive part of the car purchase process. With strong sales volumes expected in the back half of the year and car buyers wanting to...
When automakers release their new-vehicle sales figures, it's expected to show significant year-over-year growth and a slight improvement over last month. The market's strong rebound from being supply-chain limited over...
According to a Cox Automotive analysis of vAuto Available Inventory data, the used-vehicle market has lost some volatility during the pandemic and chip shortage, with inventory and prices remaining relatively...
The emergence of new technologies and car buyer preferences has created new ways to improve service department profitability, but what tools should dealers choose? On this episode of Dealer Forward,...
On a mix, mileage, and seasonally adjusted basis, wholesale used-vehicle prices dropped 4.2% from May to June. Manheim's Used Vehicle Value Index (MUVVI) fell to 215.1, a 10.3% decline from...
According to an early estimate from Cox Automotive, sales into large fleets—excluding sales into dealer and manufacturer fleets—rose 44.6% year over year to 217,572 vehicles in June.
"The return of fleet...
Many car dealers understand the importance of service departments, but are they aware of the new opportunities in today's fixed operations business? In this CBT News Power Lunch, host Jim...
Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year, according to new research by Cox Automotive.
As the automotive industry looks to recover...
More buyers than ever considered purchasing a luxury SUV, according to a quarterly analysis from Cox Automotive.
Over the course of Q1, 73% of high-end shoppers looked to purchase a luxury SUV,...
Sales of certified pre-owned (CPO) vehicles decreased more in April than in the overall used retail market year-over-year. CPO sales fell by more than 4.2%, or over 9,000 units, from...