CPO Sales Bested February Totals
The industry saw 14.3% month over month growth, but CPO sales still fell 23.3% short of 2021 sales for the same month.
The industry saw 14.3% month over month growth, but CPO sales still fell 23.3% short of 2021 sales for the same month.
Consumers seeking lower prices on dealership lots must wait until 2023, reported auto-industry leaders at the New York International Auto Show.
Industry leaders dispel the notion that dealers do not support EV sales.
Stellantis has suspended production at its Russian plant, which employs 2,700 people, over logistical difficulties and sanctions imposed on Moscow.
Experts suggest automakers focus their attention on the user experience and greater collaboration as they content with limited semiconductor chip supplies.
Hyundai Motor Corp. will build an assembly plant in the U.S. for electric vehicles and batteries, COO Jose Muñoz announced.
GM reported it had agreed to a multiyear deal for cobalt from Glencore’s Murrin Murrin mine in Australia.
The luxury automaker credits strong factory-dealer communications as the reason dealers could sell into the pipeline.
Dealers rely on 20 Groups to stay informed and maximize profits and income, but for many, the topic of reinsurance remains taboo. Learn why that is and how to start the conversation.
The first quarter of 2022 came to a close with new-light vehicle sales in March totaling a SAAR of 13.4 million units, a decline of 4.6% compared to February 2022 and a decline of 24.4% compared to March 2021’s SAAR.
Manheim Market Report values saw weekly price increases that accelerated in each full week of March after the first week saw the smallest decline thus far this year.
General Motors and Honda Motor Co. announced plans to develop a line of affordable electric vehicles (EVs) with a focus on compact crossovers.
Tesla Inc. has had to shut down its plant in Shanghai for a total of 12 production days in recent weeks because of China’s COVID-19 lockdowns.
As the country charges toward widespread EV adoption what obstacles remain in its path?
The seasonally adjusted Retention Index went down to 187.7 points in March 2022 as modified Spring arrives late.
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