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Q3

Surprise Numbers from Subaru, and Better Than Expected Sales Results...

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2019 has been a year of wondering if and when the bottom would fall out regarding auto sales. Regarding new auto sales, some have predicted that this year will be dismal. Everything from a saturated market to rising transaction prices has been predicted to stall sales. However, Q3 is revealing a mixed narrative. Cautious automakers […]
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resale value

The Big Winners from the J.D. Power Resale Value Awards

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Retaining substantial resale value is a game-changer in the auto industry. “One of the biggest concerns for many new-vehicle owners is depreciation,” said Jonathan Banks, Vice President of Vehicle Valuations & Analytics at J.D. Power in a company press release.  Vehicles that manage to do so usually have higher residual values, appealing to both consumers […]
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Automotive Industry

Five Major Automotive Industry Developments in 2018

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In regard to the automotive industry, 2018 has been a year of continued innovation and various technological advancements. The year has also been a setting of changing attitudes related to how consumers purchase vehicles, their preferences, and what they expect the future to hold regarding car ownership. Over the past few years, there have been […]
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Why Some Auto Manufacturers are Sticking with Sedans While Others...

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It’s no secret that some titans of the Auto Manufacturers are switching focus away from cars and towards trucks, SUVs, and crossovers. Earlier this year, Ford cut almost all its North American car offerings, citing “declining consumer demand and product profitability” as a reason in their first quarter statement this year. Most recently, General Motors announced […]
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August

Defied Expectations, Rising Prices, and High Consumer Confidence Define August

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There has been much speculation about how the rest of 2018 would shape up when it came to auto sales. Many signs have pointed to the last half of 2018 being a rough one. However, the months leading up to the end of the year have painted a different story. Car sales have seen gains […]
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Auto Sales

The Winners and Losers of May Auto Sales: A Month...

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Just when analyst think they have an idea of the purchasing patterns of car buyers, consumers end up bucking trends and surprising us all. This year has indeed been an erratic ride when it comes to auto sales; April saw gains, while March and February saw declines. May is the next piece of the automotive […]
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Tesla

Over-Promising and Under-Delivering: Bold Predictions from Tesla

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Elon Musk is at it again with his predictions, including a new one that Urvaksh Karkaria of Automotive News has labeled as “audacious.” Musk stayed away from outright saying the year “2020,” but in a recent interview, he claimed Tesla would be producing the new Model Y SUV beginning “around 24 months from now,” which […]
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consumer loyalty

Consumer Loyalty to SUV/CUVs Highest Ever

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More than two-thirds of Sport Utility Vehicle (SUV) and Crossover Utility Vehicle (CUV) owners in the U.S. who returned to market in the first four months of 2017 acquired another new SUV or CUV, according to new analysis from business information provider IHS Markit (Nasdaq: INFO). SUV/CUV loyalty has grown from under 53 percent in 2012 to […]
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Dealership Team Building

The Blinker App Provides Easy Finance Options | 8 Steps to...

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On today's CBT Newscast for July 19th, 2017: The Blinker App Provides Easy Finance Options Joe sits down with Andrew Price, VP of Marketing and Creative...
balance

Ford Executive VP: Dealers need balance of cars & trucks/SUVs

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  It certainly feels as if one day we will see dealerships stocked with just trucks, SUVs, and crossovers. Cars just aren’t as popular with consumers. Joe Hinrichs, Executive Vice President at Ford Americas, says dealers still need to be able to balance both.
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