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transaction prices

KBB reports new vehicle ATP trends decline as incentives rise

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...

Stellantis posts $17.9 billion net profit, promises $14,760 employee payout

Global automaker Stellantis revealed a record-breaking year for net profit, and nearly $15,000 per qualifying employee in profit-shares. The brand, a result of a 2021...
nonfarm unemployment

U.S. added 517,000 jobs in January, unemployment reaches 53-year low

With nonfarm payrolls reporting their largest growth since July 2022, the employment picture got off to a robust start in 2023. In January, nonfarm payrolls...

Ford disappointed by Q4 performance, but hopeful for the 2023 market

Ford has published its fourth quarter performance numbers, and, although the results are disappointing, the company's leadership remains positive over the 2023 market. The brand's...
new car sales Cox Automotive, 2023, interest rates

November’s average new car prices reach a record high

When COVID struck, it disrupted the world's supply chain, resulting in a chip shortage and an all-time high in car prices. People started paying...

Three Reports Car Dealers Should Pay Attention To In 2018

Throughout the year, dealers are likely capturing and analyzing data for their dealerships. Customer satisfaction surveys, units sold, service repair information, and a variety...