TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%


new-vehicle sales

With new car inventories nearing pre-pandemic levels, the used car market is experiencing a significant price correction.

Maximizing profitability in the used car market amid price corrections

- September 3, 2024
With new car inventories nearing pre-pandemic levels, the used car market is experiencing a significant price correction. For dealerships, this shift presents both challenges and opportunities. Effective pricing, inventory management, and...
On the retail side of things, Hyundai sold 58,027 units in Nov., marking a 3% year-over-year increase from November 2022.

Hyundai reveals November sales surge, led by Santa Fe and IONIQ 5

- December 1, 2023
Hyundai Motor America has reported its highest-ever November sales, totaling 70,079 units, marking an impressive 11% increase compared to November 2022. This achievement extends Hyundai's consecutive monthly sales growth streak...
supply and sales

Cox Auto tracked supply and sales improvements in February

- March 17, 2023
A Cox Automotive report has revealed that February new-vehicle supply and sales grew year-over-year. Available Inventory data from vAuto showed that overall supply grew by roughly 50,000 units last month, climbing...
transaction prices

KBB reports new vehicle ATP trends decline as incentives rise

- March 9, 2023
A new report from Kelly Blue Book reveals that new vehicle transaction prices decreased by 1.4% in February, while incentives rose 3% month-over-month.  The average car transaction now costs $48,763, which...
Sonic Automotive Jeff Dyke

How Sonic Automotive was able to break records in 2022 — Jeff Dyke

- February 17, 2023
Sonic Automotive recently reported revenue records for the fourth quarter and fiscal year of 2022. On this episode of Inside Automotive, Jeff Dyke, the dealer group's President, joins host Jim...
new car

KBB reports the ATP of new vehicles hit record highs in December

- January 12, 2023
The average transaction price (ATP) of a new car in the u.s. reached a record high in December at $49,507, up 4.9% from the previous year's levels and 1.9% from...
auto industry

A breakdown of US auto industry performance in October with Charlie Chesbrough

- November 16, 2022
New-vehicle sales volume has been stuck around the 1.1 million mark for several months. On today’s Inside Automotive, Charlie Chesbrough, senior economist and senior director of industry automotive of Cox...

New metrics to brag about in new car business

- December 14, 2021
Traditionally, a dealership’s new-car business is monitored by monthly sales results. Like the sports teams we passionately cheer for, the success of auto brands has been determined by monthly new...
sales

US new vehicle sales in November are down once again

- December 6, 2021
Auto sales are yet again being hindered by the ongoing supply chain issues, with a handful of automakers reporting notable drops in sales for the month of November. While a...
sales

Are the October & November auto forecasts a sign of what’s to come next year?

- October 28, 2021
New vehicle sales are expected to slide well into the double digits when October’s sales are reported, according to J.D. Power and LMC Automotive. Their joint forecast estimates total US...


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