Working with Subprime Shoppers Part of the New Normal?
The US economy will rebound, as it always does. Between today and an eventual stabilization, there are bound to be significant challenges for business and consumers alike. Retailers like JC...
TSLA361.430-1.01%
GM85.4251.765%
F12.7200.4101%
RIVN12.890-0.13%
CYD26.6000.25%
HMC34.4150.355%
TM195.4103.47%
CVNA61.0600.44%
PAG212.6150.615%
LAD298.1002.79001%
AN162.8703.07%
GPI244.4704.67%
ABG172.4802.61%
SAH64.0300.52%
TSLA361.430-1.01%
GM85.4251.765%
F12.7200.4101%
RIVN12.890-0.13%
CYD26.6000.25%
HMC34.4150.355%
TM195.4103.47%
CVNA61.0600.44%
PAG212.6150.615%
LAD298.1002.79001%
AN162.8703.07%
GPI244.4704.67%
ABG172.4802.61%
SAH64.0300.52%
TSLA361.430-1.01%
GM85.4251.765%
F12.7200.4101%
RIVN12.890-0.13%
CYD26.6000.25%
HMC34.4150.355%
TM195.4103.47%
CVNA61.0600.44%
PAG212.6150.615%
LAD298.1002.79001%
AN162.8703.07%
GPI244.4704.67%
ABG172.4802.61%
SAH64.0300.52%
interest rates
Nominal Gains Only Tell Part of the Story For July 2019 Auto Sales
According to NADA, overall new light-vehicle sales took a small hit in July. Unit sales for the month came in at 1.39 million. Even though this number is higher than...
June Sales Results Meet Expectations as Dealers Invest in New Pricing Strategies
While the final numbers are still slated to come in, June's sales results are estimated to bring 2019's SAAR to between 17 million and 17.2 million. This number is relatively...
10 of the Coolest Cars Under $20,000 for 2019 from Kelley Blue Book
There are some cool cars getting on the road this year, and by cool we mean fun, techy, versatile and affordable. Those are the criteria Kelley Blue Book used to...
April’s Auto Sales: Upswing in Luxury Vehicle Demand
March was deceptively positive. The month had a slightly stronger showing than analysts originally predicted. While most automakers floundered, the month ended with a SAAR of 17.45 million units.
The story...
Rising New-Vehicle Prices Lead to Boom in Used-Vehicle Market
As new-vehicle prices continue to rise, so do interest rates. To compound the issue, manufacturers also seem to be getting stingier with incentives. This puts the cost of owning a...
Auto Loan Interest Rates Continue to Soar
Auto loan interest rates continue to go up, according to a recent Edmunds analysis, with rates reaching their highest in a decade. Looking at the data collected, the annual percentage...
High Prices and Concerns over Tax Refunds Cause Auto Sales to Cool in February
As the nation goes through yet another winter freeze, the cooling effect seems to have also extended to the auto industry. Overall sales in February dropped 2.8 percent when compared...
Combating Rising Interest Rates, Managing Vehicle Inventory, and Reducing Your Margin Compression – Brian Finkelmeyer, vAuto
Every dealer knows that as your vehicle assets depreciate, your profit margins begin to shrink. The two major causes of inventory depreciation? Age and holding costs. Joining Jim today is...
Economic Trends Indicate that 2019 will be a Good Year for Auto Sales
During the recent NADA Show in San Francisco, National Automobile Dealers Association senior economist Patrick Manzi held a press briefing to outline the economic prospects for auto sales in 2019....
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