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Dealership Profits Decline
While new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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ADT Magazine
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SEARCHMENUSEARCHWhile new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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Former Nissan store ad executive arrested. Prosecutors say he established shell companies to hide crimes.
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The facility will further Ford CEO Jim Farley’s goal to build 2 million EVs annually by the end of 2026.
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Powersports values are declining across the board with one exception as we head into the fall.
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Ford isn’t alone in facing cost increases as manufacturers continue to deal with supply shortages.
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NADA numbers show sales prices rose, though volume was down due to inventory shortages.
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IIHS found U.S. theft claims were nearly twice as common for Hyundai Motor and Kia Corp. than other manufacturers vehicles for the 2015 through 2019 model years.
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Toyota Motor Corp. announced plans to produce 800,000 vehicles worldwide in October, 100,000 vehicles short of its average monthly production plan.
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Soft pulls can strengthen consumer confidence and trust in making the right decision, and since they aren’t locked into anything, they can resume shopping and even assess varying price ranges.
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“Retail margin” sales could bring carmaker “thousands” of EV customers.
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Shares closed Tuesday at $13.09 apiece, down by 12.3%, shaving $7 billion off the automaker’s market value.
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