March sees 12.1% new car sales surge amid market adjustments
In March 2024, new car sales are poised to make a big leap. Analysts forecast 1,525,700 units sold, a 12.1% increase from the previous year, according to the latest joint...
TSLA400.4904.11%
GM79.290-0.29%
F14.0400.08%
RIVN16.5200.26%
CYD48.700-2.35%
HMC26.2600.07%
TM173.9401.17%
CVNA66.5503.69%
PAG175.2003.87%
LAD294.8501.83%
AN188.7402.38%
GPI313.1608.09%
ABG197.0506.92%
SAH80.7302.6%
TSLA400.4904.11%
GM79.290-0.29%
F14.0400.08%
RIVN16.5200.26%
CYD48.700-2.35%
HMC26.2600.07%
TM173.9401.17%
CVNA66.5503.69%
PAG175.2003.87%
LAD294.8501.83%
AN188.7402.38%
GPI313.1608.09%
ABG197.0506.92%
SAH80.7302.6%
TSLA400.4904.11%
GM79.290-0.29%
F14.0400.08%
RIVN16.5200.26%
CYD48.700-2.35%
HMC26.2600.07%
TM173.9401.17%
CVNA66.5503.69%
PAG175.2003.87%
LAD294.8501.83%
AN188.7402.38%
GPI313.1608.09%
ABG197.0506.92%
SAH80.7302.6%
New Car Sales
How successful salespeople get leads and close deals in a competitive market — Sean Gardner | Joe Verde Group
With the car market becoming increasingly consumer-friendly in the wake of the COVID-19 pandemic, dealership salespeople must prepare themselves for a more normalized environment. Unfortunately, due to steep turnover rates,...
New vehicle prices continue falling in February as sales pace accelerates
New vehicle prices dropped again in February, progressing toward pre-pandemic averages while sales and inventory improved.
According to Cox Automotive, the average new vehicle transaction price in February was $47,244, 2.2%...
Dealerships explore new strategies to win over younger car buyers
Imagine a family-owned dealership deeply rooted in tradition but now facing a pressing dilemma: attracting the elusive younger generation. As digital platforms and social media redefine consumer habits, traditional dealerships...
Ford, Honda, Hyundai sales rise in February, emphasizing strength of hybrids
Automakers posted strong U.S. sales this February on the backs of stable demand, stronger inventory, and increasing interest in hybrid and electric vehicles.
Ford sold 174,192 units during the month, representing...
Opinion | Hyundai boldly bets on sedans:Â is the OEM a step ahead of everyone?
In a gesture of transparency, I confess that I own one of Audi's quickest sedans. The truth is that I'm biased toward sedans, sportbacks, and wagons. And, like other Audi...
2024 auto industry steers through vehicle affordability, inventory roadblocks
As the automotive retail industry settles into 2024, there's cautious optimism about returning to 'near-normal' vehicle inventory levels. This is a welcome change from the shortages that began in 2020....
With the high cost of new cars, can entry-level buyers stay in the market?
Someday, we’ll be able to move around in flying cars and bring to life those Star Wars highways in the skies. I’ve been making presentations recently to inform those interested...
Vehicle sales on track to rise in February as supply jumps 44.7%
New vehicle sales are predicted to rise in February, thanks to a combination of lower prices and better availability.
A joint forecast from J.D. Power and GlobalData sees new vehicle sales...
New research highlights impact of dishonesty in the auto sales process
New research has identified a discrepancy in the rate at which customers experience dishonest practices during the car sales process and the percentage of customers who fear their dealer will...
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