The Weekly Automotive Market Minute for August 19, 2020
Welcome to the Weekly Automotive Market Minute with Bridget Fitzpatrick:
This week, new car sales came out to a retail SARR of 11.74, down 9.4% from 13.42 in 2019.
The inventory of...
TSLA394.74013.11%
GM75.990-0.9%
F11.880-0.2%
RIVN15.200-1.2001%
CYD40.230-0.98%
HMC24.105-0.235%
TM189.305-3.315%
CVNA382.580-13.22001%
PAG167.709-3.8108%
LAD285.820-4.3%
AN206.790-5.59%
GPI350.270-6.6%
ABG201.600-2.09%
SAH75.560-3.19%
TSLA394.74013.11%
GM75.990-0.9%
F11.880-0.2%
RIVN15.200-1.2001%
CYD40.230-0.98%
HMC24.105-0.235%
TM189.305-3.315%
CVNA382.580-13.22001%
PAG167.709-3.8108%
LAD285.820-4.3%
AN206.790-5.59%
GPI350.270-6.6%
ABG201.600-2.09%
SAH75.560-3.19%
TSLA394.74013.11%
GM75.990-0.9%
F11.880-0.2%
RIVN15.200-1.2001%
CYD40.230-0.98%
HMC24.105-0.235%
TM189.305-3.315%
CVNA382.580-13.22001%
PAG167.709-3.8108%
LAD285.820-4.3%
AN206.790-5.59%
GPI350.270-6.6%
ABG201.600-2.09%
SAH75.560-3.19%
New Car Sales
CBT News Market Update: Zo Rahim, Cox Automotive & Jonas Moskowitz, LotLinx
On this week's episode of the CBT News Market Update, new car sales came out to a retail SAAR of 11.03, down 10.6% from this time last year. The inventory...
Could Auto Retailers Copy Amazon’s Model for Fulfillment Centers?
Online retail giant Amazon and Simon Property Group Inc. are in talks to use empty retail locations in malls as depots and fulfillment centers, according to a report from the...
The Weekly Automotive Market Minute for August 12, 2020
Welcome to the Weekly Automotive Market Minute with Bridget Fitzpatrick:
This week, new car sales came out to a retail SAAR of 11.03, down 10.6% from 13.48 in 2019.
The inventory of...
Sean Gardner on Converting Both Digital Leads and Unsold Customers
In light of the COVID-19 pandemic, there are more digital opportunities for dealers and customers than ever before. Car buyers want to get as much of the shopping experience and...
CBT News Market Update: Jonathan Banks, J.D. Power & Len Short, LotLinx
Looking at the SAAR for July, auto retail came in at 14.5 million, higher than the initial projections of 14.3. This week, new car sales sat at 290,712 a 6.8%...
Studies Show Key to Selling is Relationship over Product
The J.D. Power 2020 U.S. APEAL Study rank automakers based on how excited and emotionally connected people feel to their new cars. Of a possible 1000 points, the spread between...
The Weekly Automotive Market Update for August 5, 2020
Welcome to the Weekly Automotive Market Update with Bridget Fitzpatrick:
This week, new car sales came out to a retail SAAR of 11.45, down 12.5 percent from 13.48 in 2019.
The inventory...
Sonic Is Adding EchoPark Used Car Stores – Is This a Strategy More Dealer Groups Should Follow?
The fifth-largest American auto dealer group has announced plans to expand on their standalone used car dealership model known as EchoPark. As the pre-owned only stores continue to surpass expectations,...
Mike Cavanaugh on the State of BDCs: ‘Dealers have to make a commitment’
The role of the BDC is becoming ever-important in today's business climate. The days of having a call center type of environment where employees just set appointments have changed dramatically....
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