FROM AUTO REMARKETING: Used-Car Sales Appear to Slow in November
The used car craze has officially cooled off, with sales dipping around 11% month over month. Analysts predict new vehicles will once again be the star this holiday weekend.
FROM THE WALL STREET JOURNAL: Dealer Lots Have Fewer Cars—and the Industry Likes It That Way
Are low inventory levels here to stay? Higher profits and faster sell rates have industry executives wondering if keeping tighter supplies is a more lucrative business model.
FROM CNBC: Car Buyers Seeking Black Friday Deals Likely Out of Luck This Year
Many dealers aren’t feeling the seasonal pressure to sell down their inventory, meaning shoppers can expect holiday discounts around 20% lower than last year.
FROM WARDSAUTO: OEMs and Their Evolving EV Strategies
The EV competition is ever changing, but keeping up with the latest can help the industry prepare for the major advancements to come.