FROM CAR AND DRIVER: November New-Vehicle Sales Dip Amid Fewer Selling Days, but Recovery Goes On
Analysts predict new vehicle sales have dipped around 14.6%. This number is closer to 3.5% when November’s three-fewer selling days are taken into account.
FROM THE WALL STREET JOURNAL: Cars Are Going Digital, but Detroit Has a Long Road Ahead
Investing in proprietary, in-car technology is just another way for OEMs to build products that are relevant to consumers and profitable in the long run.
FROM WARDSAUTO: Average Transaction Prices Seen Rising 4.7% in November
While sales have dipped, transaction prices have jumped nearly $2,000 as consumers continue to pay more for the trucks and SUVs of their choice.
FROM KERRIGAN ADVISORS: Dealers Signal Optimism for Future Franchise Values and Buy/Sell Activity
This year may have impacted the standard dealership model, but 80% of recently surveyed dealers don’t expect to see a dip in their store’s valuation.