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Tropical storms and hurricanes, such as Hurricane Helene, can impact the used vehicle market, as flooding leads to an increase in water-damage

How Tropical Storms are flooding the preowned vehicle market

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Tropical storms and hurricanes, such as Hurricane Helene, can cause significant damage to homes, roads, and vehicles, often resulting in thousands of cars being...
Cox Automotive anticipates a positive trend in May for new-vehicle sales compared to last year, buoyed by higher inventory levels.

Cox Automotive forecasts improved May new-vehicle sales driven by increased inventory/incentives

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Cox Automotive anticipates a positive trend in May's new-vehicle sales compared to last year, buoyed by significantly higher inventory levels leading to more attractive...
Autotrader has released its list of the Best Cars for Recent College Graduates for 2024 after thoroughly analyzing the automotive landscape.

Autotrader announces best cars for 2024 college graduates

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As the class of 2024 graduates and embarks on their next adventure, many will be looking for new vehicles to accompany them. Autotrader, a...
Joseph Yoon discusses the evolving dynamics of inventory and sales on today's episode of CBT Now and touches on the markets Q1 performance

Market Rebounds: Signs of normalcy as buyers return amidst growing inventory...

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Affordability has been a major concern for dealers and consumers. In today's episode of CBT Now, we'll learn how the market performed in the...
EV sales rose by 3.8% in March, defying concerns of an "EV slowdown," while Hyundai and Ford notably saw an increase in EV registrations.

EV sales show resilience in March registrations despite Tesla’s decline

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EV sales rose by 3.8% in March, defying concerns of an "EV slowdown." Hyundai and Ford notably saw increased EV registrations, countering Tesla's 12%...
Mitsubishi announced that its product range in the U.S. has been limited. However, the company plans to implement new retail strategies.

Mitsubishi plans U.S. revival with new models and retail concepts

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Mitsubishi's product range in the U.S. has been limited, resulting in reduced consumer interest and a market share of only 0.6% last year. However,...
Explore the essentials for boosting used car sales, including optimal inventory management, stellar customer service, and effective training.

9 key areas of focus that drive more used car sales

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For many franchised car dealers, the used car department significantly contributes to the bottom line. These sales are even more fundamental to independent automotive...
used-car dealerships

Best practices used car retailers must prioritize in 2023

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Last year was one of the most challenging on record for the pre-owned vehicle market. Despite a strong performance in 2021, many used car...
AutoHub

How this advanced online trade appraisal tool can align your dealership...

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On today’s show, we are pleased to welcome Sam Naimi, CEO and Co-Founder of AutoHub, an innovative automotive platform designed to help dealers buy...
CPO

Determining when a CPO is the Right Choice for Your Customer...

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Recently, Autotrader announced the Best Non-Luxury and Luxury Certified Pre-Owned Programs for 2020. Since today’s car shoppers are focused on value and affordability, CPO...