The 12th annual Cox Automotive Car Buyer Journey Study reveals that overall car buying satisfaction remains at a near-record level, with the number of highly satisfied buyers higher than before the pandemic.
This collaboration equips APCO with a new and comprehensive F&I solution, diversifying its portfolio for dealers and car buyers nationwide.
The Cox Automotive Service Industry Study finds that as dealerships leverage technology to enhance the customer experience, they can capture more service market share.
The declines are continuing to close out the second week of 2022 with majority of segments reporting drops in valuations.
Moving into 2022, NADA anticipates new-vehicle sales of 15.4 million units – an increase of 3.4% from 2021.
The year is starting off with declines in many segments, but it remains to be seen if we reached the peak of increases before the holidays or if we will return to increasing values as the market prepares for spring.
New U.S. record set as demand grows across product lines from 911 and Taycan to SUVs.
These acquisitions will add 217 employees to its over 1,400 plus employee base, growing their locations to 27 dealerships, 51 franchises and 14 automotive brands.
The seasonally adjusted Retention Index increased to 195.7 points.
2021 was a wild ride, but according to Black Book, the final two weeks of the year reported minimal declines in values after a year of record-breaking increases.
Hyundai Motor Co and affiliate Kia Corp. predict a 12.1% combined global sales jump in 2022, despite 2021 sales falling short of targets.
Van Horn Automotive Group’s High Gear program is a masterclass in a palatable form that offers an opportunity for individuals to grow and gain competency in the workplace, and earn a good living with a great company.
Full-year 2021 auto sales in the U.S. are forecast by Cox Automotive to finish near 14.9 million units, an increase of approximately 2.5% from 14.5 million in 2020.
Expanded footprint includes entering new markets and increasing capabilities in existing markets.
Winter and Christmas sales events make for a busy end of year for dealers, but the last two weeks of the year are traditionally slow for the auctions and that held true this year.
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