Dealers say 14-day guarantee helped fuel industry-rare increase.
Service activity increased while service revenue decreased slightly at U.S. franchised dealerships in October, according to the latest Cox Automotive analysis of Xtime metrics.
Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing.
Such cars will continue to be made with a different JV there, though demand continues to fall.
U.S. enters an agreement that 30% of new medium and heavy-duty vehicles will be zero-emission by 2030 and 100% by 2040.
Carvana Co. announces a second round of job cuts, expected to impact about 1,500 employees or 8% of its workforce.
At a San Diego industry gathering, market watchers predict continued slide from pandemic-era highs.
Assurant EV One Protection offers expanded coverage, including traction batteries, and transparency.
Entering a vehicle's VIN number connects to an online database of over 500 million records.
Retailer invests in vehicles sales lister despite former bad blood.
Each of these trends illustrate continued strong growth for F&I product potential and sales for today’s auto retailers of all sizes and focus of new and used.
Dealership profits have peaked due to rising interest rates, inflation, and low consumer confidence, but they are still 2.4x higher than before the Pandemic.
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