FROM AUTOMOTIVE NEWS: Hyundai, Kia, Mazda Generate February U.S. Gains; Ford Drops 21%; Toyota and Honda Fall Ford, Honda, and Volvo contributed significantly to an 11.7% drop in new vehicle...
When the New car shortage began, dealers turned toward Used units to fulfill high levels of consumer demand. For months, dealers have hustled to acquire Used vehicles in order to...
Key Insights: Dealerships are acquiring more inventory than they are selling. Used vehicle stocking levels have moved into the positive territory compared to Q4 last year. Days supply has increased...
FROM THE NEW YORK TIMES: Half of the Cars Arriving at Dealers Are Already Sold, AutoNation Says Despite a 20% dip in new vehicle sales last quarter, the country’s largest...
FROM BLOOMBERG: U.S. Retail Sales Rise Most in 10 Months in Broad-Based Rebound National retail sales increased 3.8% last month, with the auto sector contributing a 5.7% boost. The improvement...
FROM THE WALL STREET JOURNAL: Ford and GM Warn Dealers to Stop Charging So Much for New Cars Over 82% of new vehicles purchased last month sold above MSRP. To...