On the Dash:
White remains the most popular car color with 25.7% market share, up from 22.1% in 1996, followed closely by black and gray.
Gray has seen the largest...
On the Dash:
Tight inventory and falling days’ supply will continue to pressure sourcing and reconditioning strategies.
Strong seasonal demand reinforces the importance of pricing discipline and inventory turn.
Limited...
Ferrari NV posted stronger-than-expected fourth-quarter results, bolstered by robust U.S. demand despite broader struggles in the luxury auto market. Sales climbed 14% year-over-year to $1.8 billion, while earnings before interest,...
The unofficial start to summer is Memorial Day weekend, and it tends to be one of the busiest weekends in the US for vehicle sales. Before vacationing begins, prospective buyers seek out...
It’s no secret that the pandemic has accelerated the need to adopt and evolve with the digital marketplace. According to U.S. Department of Commerce, a 14.2% increase in e-commerce sales...
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 used car department, in-depth dealer...
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 used car department, in-depth dealer...
Used-vehicle inventory levels are at the lowest point in almost nine years. Twenty years from now, economists will not have much difficulty explaining what happened. A confluence of factors, starting with...
While the dealership world is hoping the inventory crisis will come to a speedy resolve, industry experts aren’t as optimistic. Embracing the challenges and opportunities ahead is the first step for dealers to secure...
While new vehicle registrations reached a 10-year high in March and some dealers benefited from record-breaking sales and profit margins in 2020 and into 2021, maximizing dealership marketing ROI is...