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sales

J.D. Power and LMC Automotive expect new car sales to dip...

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According to J.D Power and LMC Automotive analysts, there will likely be a slump in retail auto sales for July due to massive supply-chain and distribution problems globally. Total sales,...
APEAL

High gas prices shrink gap between EVs and gas-powered cars in...

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The recently released J.D. Power 2022 U.S. Automotive Performance, Execution and Layout (APEAL) study revealed that battery electric vehicle owners are less satisfied with charge...
aftermarket service

4 ways car dealers can win against aftermarket service providers

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According to the J.D. Power 2022 U.S. Aftermarket Service Index Study, customers increasingly prefer aftermarket service providers to new-vehicle dealers. J.D. Power surveyed almost...
electric vehicle

J.D. Power Study: More car buyers are considering electric vehicles

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J.D. Power released the results of its 2022 U.S. Electric Vehicle Consideration Study this week, revealing that more consumers are considering buying electric vehicles while hesitations...

LMC Automotive and J.D. Power predict decline in new car sales...

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LMC Automotive and J.D. Power said in a report on Wednesday that they are predicting a drop in new vehicle sales in the U.S....

Auto retailers remain healthy in spite of supply chain calamity

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Top of mind for many auto retail professionals these days is inventory — where is it and how do we get it? Today on...
inventory

Tight inventory and record pricing continue through February

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JD Power and LMC Automotive have released their sales forecast for the month of February, and it appears the recent supply and pricing trends we have been seeing throughout the past few months will continue. Dealerships are still feeling the impact of reduced new vehicle inventory due to supply chain disruptions, but record-high prices and […]
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January U.S. auto sales: Low inventory still cause for concern; transaction...

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2022 U.S. auto sales kicked things off with a SAAR (seasonally adjusted annual rate) of 15.2, the highest monthly SAAR reported since June of 2021. On this edition of Inside Automotive, we’re pleased to welcome back Tyson Jominy, Vice President of Data and Analytics at J.D. Power, to break down the positive highlights as well […]
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websites

OEM website satisfaction is Down. How does that translate to dealer...

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It is indisputable that the internet has become increasingly impactful in consumers’ decisions throughout the past decade, especially the past two years as shopping online has boomed due to the pandemic. Car buyers have begun to rely more heavily on manufacturers’ and dealers’ websites to get vital information to use when deciding on which car […]
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Jominy

J.D. Power’s Tyson Jominy on the state of the automotive industry...

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We were all anticipating relief from the inventory and chip shortages by now, but unfortunately, as most experts predicted, we are still dealing with the crisis in the third quarter of 2021. J.D. Power recently released its monthly forecast. On today’s show, we’re pleased to welcome Tyson Jominy, Vice President of Data and Analytics at […]
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