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2023 dealerships

What must auto dealerships focus on this coming year? — Tyson...

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After a challenging and disappointing year, dealerships are anxious to know what's in store for retail auto in 2023. Consumer research firm J.D. Power...
EV sales, chevy bolts

Auto leaders have lowered their EV sales outlook after slow growth

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In a new report, KPMG unveiled data showing how the auto-industry's EV sales outlook has soured over the course of 2022. Using survey responses from...
J.D. Power, tax incentive

J.D. Power believes the EV market will outperform 2023 predictions

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A new J.D. Power study has revealed that the EV market could be growing much faster than previously thought. Automakers are watching the EV market...
Kia, sales volume

Kia dealerships place last in customer sales satisfaction

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Kia is warning its American dealers about poor performance, in response to a J.D. Power study. The research, which analyzed customer sales satisfaction in the...
sales J.D. Power

J.D. Power/LMC Automotive release November U.S. auto sales forecast

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According to a joint forecast from J.D. Power and LMC Automotive, new vehicle retail sales for November 2022 are expected to be somewhat flat...
automotive Tyson Jominy

J.D. Power’s Tyson Jominy on dealer optimism despite economic headwinds

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As the United States economy teeters on the brink of a recession, one industry that can weather the storm is the automotive industry. Joining...
automated vehicles

Consumer comfort with automated vehicles may be overstated — J.D. Power

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The J.D. Power 2022 US Mobility Confidence Index (MCI) study shows that consumer readiness for automated vehicles (AV) remains low, dropping three points from 2021.  The...
trends

What trends should car dealers keep an eye on over the...

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Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. On today's show, we're pleased to welcome back Jonathan Banks, Vice President and...
New vehicle supply levels recovered to their highest levels since June 2020 in February while prices continued to decline.

Slim new car inventory keeps prices and profitability soaring

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According to a new forecast from J.D. Power and LMC Automotive, new-vehicle retail sales for August are expected to decline compared to August 2021. Combined with record-setting...
EV owners, electric vehicles

EV owners unsatisfied with public charging experience, J.D. Power study finds

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According to findings in a recent study by J.D. Power, electric vehicle owners are struggling to find adequate and operable charging stations, especially in high-volume...