Could used car leasing tide over ravenous car buyers?
Dealers nationwide are experiencing or expecting shortages on their new car lots. Some manufacturers have fared better than others, but as a whole, the industry will have fewer new vehicles...
TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%
TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%
TSLA380.840-10.22%
GM76.070-1.65%
F14.2150.025%
RIVN17.4550.365%
CYD43.900-0.815%
HMC28.160-0.61%
TM177.610-2.15%
CVNA67.360-3.3%
PAG202.660-2.08%
LAD335.280-3.88%
AN205.720-3.28%
GPI326.060-5.56%
ABG220.360-6.3%
SAH100.420-2.3%
new vehicles
How car dealers can increase revenue by shifting their focus to fixed operations – Tom Heizer, SVP at GSM
There is a lot of focus on new vehicle inventories and how they are being impacted by the continuing chip shortage. Although grosses have been great, as inventories continue to...
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 market – particularly vehicles three years...
How an influx of capital for car dealers is shaping the buy-sell market – Alan Haig, Haig Partners
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. Haig also takes deep dive into...
Cox Automotive’s Charlie Chesbrough on what the industry can expect for the second half of 2021
Here to give us an overview of the first half of 2021 and what we can expect from the balance of the year is Charlie Chesbrough, Senior Economist and Senior...
What can car dealers do about rampant catalytic converter thefts at dealerships?
Last week, the Bill Barth Kia dealership reported that they were the target of a thief that stole three catalytic converters and damaged four other vehicles in a single night....
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 data, the current average age of...
More car buyers are purchasing vehicles out of state – how should car dealers react?
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 mid-May car buyers bought their vehicle...
Will the automotive retail industry continue its upward momentum through 2021? – Mark Phelan, Detroit Free Press
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 market. Today on CBT News, host...
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 Peacock Automotive Group based in Hardeeville,...
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