Tag: new vehicles
Car dealers are cashing in on high mileage vehicles
The chip shortage has caused remarkable pricing and profit shifts for new vehicles industry-wide, with some dealerships charging thousands more than MSRP. The pre-owned...
How an influx of capital for car dealers is shaping the...
On today’s show, we’re pleased to welcome Alan Haig, President and Founder of Haig Partners to discuss the current state of car dealership values....
Cox Automotive’s Charlie Chesbrough on what the industry can expect for...
Here to give us an overview of the first half of 2021 and what we can expect from the balance of the year is...
What can car dealers do about rampant catalytic converter thefts at...
Last week, the Bill Barth Kia dealership reported that they were the target of a thief that stole three catalytic converters and damaged four...
Average vehicle age blows past 12 years due to pandemic
In the past year, the average age of vehicles in operation in the United States has crossed the 12-year threshold. According to IHS Markit...
More car buyers are purchasing vehicles out of state – how...
Reduced inventories are now the norm for dealerships, both for new and used vehicles. A recent study by Cars.com identified that almost 10% of...
Will the automotive retail industry continue its upward momentum through 2021?...
As we see car dealers and OEMs become more proactive and technology continues to evolve, There’s no room to be left behind in today’s...
AutoNation planning to acquire 11 stores from Peacock Automotive
America’s largest automotive retailer, AutoNation Inc., is growing once again after it signed an agreement to acquire 11 stores and a collision center from...
