Tag: used car market
Q&A with ACV’s Randy Barone: How to perfect your dealership’s wholesale...
In today's dynamic wholesale market, dealers are challenged with navigating historically high used car prices and fluctuating inventory within a digital environment. To stay...
Used EV prices fell in January in response to $4,000 tax...
Used electric vehicle values continued to decline in January, as sellers lowered their prices to accommodate tax credit eligibility requirements set in the Biden...
Sonic Automotive posts record breaking Q4 results for 2022
Sonic Automotive has revealed record-breaking fourth quarter results in its earnings report, with sizable gains in revenue and profit.
In Q4, the North Carolina dealer...
Federal Reserve slightly raises interest rates, but warns of further increases
The Federal Reserve has again raised interest rates, but this time only by a quarter of a percent to a target range of 4.5%...
Used car prices are dropping—Is it enough to bring in buyers?
There is no doubt that the auto industry as a whole has been drastically shaken up since the beginning of the pandemic, and this...
Carvana seeking financial advice to manage billions in debt
Carvana is seeking financial advice after a difficult year of stock crashes, sputtering demand and high debt.
In 2020 the retail company witnessed a record...
How car dealers can help their salespeople find and sell more...
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. On today’s show, we’re joined by Jennifer Suzuki, President of eDealer Solutions, acclaimed...
What trends should car dealers keep an eye on over the...
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. On today's show, we're pleased to welcome back Jonathan Banks, Vice President and...
Back to Basics: How to keep your used car inventory lean...
Welcome to this week's episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the...
5 photo management strategies car dealers should keep top of mind
Welcome to this week's episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the...
