Tariffs on Used Car Exports From Canada in Question
A Trump-era USMCA interpretation could subject used vehicles shipped to the U.S. to import fees.
A Trump-era USMCA interpretation could subject used vehicles shipped to the U.S. to import fees.
Company launched in anticipation of surge in electric vehicle sales.
The frenzied sales fever that pushed new car sales to record heights is cooling, with demand for pre-owned vehicles returning to more normal levels.
Lexus and Subaru rank highest for third consecutive year.
How F&I participation can help dealerships survive the next wave of economic impacts.
The increasing penetration of passenger vehicles, rising modernization of vehicles, and development of autonomous vehicles are some factors expected to drive the market growth during the forecast period.
High demand coupled with low inventory has spurred consumers to order the vehicle they want.
Wholesale values continue to decline after a monstrous 22-consecutive weeks of gains; however, sales conversion rates were also down last week. We anticipate that dealers will begin gradually and moderately reducing their floors.
As auto loans and credit apps rise, it appears Americans are more willing to take on debt.
Wholesale values are finally starting to simmer down but make no mistake, supply channels haven’t been restored and the market remains strong.
GM reported sales of 688,236 vehicles in the second quarter, up 39.7% from 2019. But Edmunds and Cox Automotive had forecasted GM sales would rise 40% to 43%.
Toyota saw sales rise to 840,303 units in May, led by swiftly recovering demand in North America.
The market for new and used cars has heated up, but eventually market forces will cool. The time is now to ready your dealership for market shifts.
Growing complexity in reinsurance market requires in-depth review of business models and goals, increased transparency and tailored solutions from providers.
Whether shoppers are looking for a practical crossover, a rugged pickup truck, a fun performance car or anything in between, there’s a used car, truck or SUV out there for everyone – even if they have to look a little harder than usual in the current marketplace.
Kelley Blue Book editors rank and comment on the 10 Best Back-to-School Cars for 2019, all starting at around $20,000 or less and still available on new-car lots.
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