A crystal ball look into the 2023 used car market will be cloudy as this part of the industry responds to more stable new car supplies and higher consumer borrowing...
Consulting and advisory firm Deloitte has published its Global Automotive Consumer Study for this year, revealing the automotive consumer trends that are likely to influence the car market in 2023.
The...
The pace of dealership consolidations quickened in 2022, a trend likely to continue this year, making it more important than ever for store owners to closely follow mergers and acquisitions...
According to a Kelley Blue Book report, GMC, GM's heavy duty focused subsidiary, broke records in Q4 of 2022, possibly explaining why pickups remain at the top of the wish...
According to the Manheim Used Vehicle Value Index, wholesale used vehicle prices rose 2.5% between the ends of December and January. During the same period, used vehicle sales also rose...
Dealerships know that the market is changing, but many are still lacking clear guidance on how to prepare for the new automotive landscape. Rusty West is the President and CEO...
During the years following the COVID pandemic, many dealers, unable to remain disciplined during the challenging times, replaced good habits with bad ones. However, as Dale Pollak, Executive Vice President...
January auto sales are off to a strong start, but they show a possibly altered retail situation for dealers. The automotive industry is facing a variety of unexpected but impactful...
Ford has published its fourth quarter performance numbers, and, although the results are disappointing, the company's leadership remains positive over the 2023 market.
The brand's Q4 revenue hit $44 billion, wrapping...
The Federal Reserve has again raised interest rates, but this time only by a quarter of a percent to a target range of 4.5% to 4.75%.
The announcement marks the eighth...