Wholesale prices remain strong, however there are signs of softening in the market this week, as prices of newer used vehicles seem to be hitting a ceiling.
Their seamless integration into a dealership’s operational infrastructure lowers overhead, increases operational efficiency, increases CSI performance, reduces stress, and allows personnel to focus on improving revenue, profit, and customer experience.
Strong leaders, a winning company culture, and employees committed to the customer experience are the ingredients making up Jim Ellis Automotive Group’s 50-year success story.
Officials indicated they plan to raise interest rates by late 2023, a departure from their March prediction which called for no rate hikes until 2024.
Retail sales dropped 1.3% in May, following a 0.9% gain in April, reported the U.S. Department of Commerce.