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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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As auto loans and credit apps rise, it appears Americans are more willing to take on debt.
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Wholesale values are finally starting to simmer down but make no mistake, supply channels haven’t been restored and the market remains strong.
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GM reported sales of 688,236 vehicles in the second quarter, up 39.7% from 2019. But Edmunds and Cox Automotive had forecasted GM sales would rise 40% to 43%.
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Toyota saw sales rise to 840,303 units in May, led by swiftly recovering demand in North America.
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The market for new and used cars has heated up, but eventually market forces will cool. The time is now to ready your dealership for market shifts.
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Growing complexity in reinsurance market requires in-depth review of business models and goals, increased transparency and tailored solutions from providers.
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Whether shoppers are looking for a practical crossover, a rugged pickup truck, a fun performance car or anything in between, there’s a used car, truck or SUV out there for everyone – even if they have to look a little harder than usual in the current marketplace.
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As digital retailing rises in popularity, a study by Roadster and NADA examines the tactics and technology dealers can use to transform online sales.
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The well capitalized, secure provider of risk transfer solutions supplies significant capacity to the global reinsurance market.
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The automaker declares 2040 as the date it will phase out gasoline-powered cars.
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