Tag: new-car sales
Wholesale prices expected to climb even higher after setting September record
The Manheim Market Report for September 2021 showed that wholesale used vehicle prices have risen to an all-time high once again, and the increase...
How will the recent hurricanes affect the used car market?
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the...
Selling peace of mind: capitalizing on customer attitudes toward theft and...
Every year in the United States, hundreds of thousands of vehicles are stolen. In 2020, the totals jumped by more than 9% over 2019...
Record quarterly profit announced by Tesla despite production challenges
On Monday, Tesla released their financial results more than three weeks after reporting fantastic quarterly production numbers. For the first time in the EV...
AutoNation reports record earnings in Q2 2021
On July 19th, AutoNation released their Q2 net income from continuing operations that set an all-time earnings record for the fifth straight quarter. As...
Demand is high but low inventory will temper results, according to...
As June brings the first half of a historic 2021 to a close, the forecast for the month’s end remains largely positive. JD Power...
Ford Bronco begins rolling out of assembly plant
After months of delays, the new Ford Bronco is finally going to make its way to dealers. Around 100,000 customers who placed pre-orders have...
How this Tampa power couple became a record-breaking sales duo
For some, working alongside your significant other could be frightening, but a husband and wife team out of Tampa, Florida is crushing their sales...
A guide to understanding the ROI of your phone calls
Every interaction you have with a customer has an impact on your bottom line and the reputation of your dealership. Whether that touch point...
The Weekly Automotive Market Minute for January 27, 2021
Welcome to the Weekly Automotive Market Minute with Jim Fitzpatrick:
This week’s retail SAAR of new car sales came out to 13.07, an 8.8% increase...