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The seasonally adjusted Retention Index went down to 185.4 points in April 2022 as high gas prices strengthen some segments and weaken others.
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Volkswagen forecasts its sales will rise 8%-13%, an operating profit margin of 7.0%-8.5% and an increase in deliveries of 5-10% in 2022.
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The Used Retail Days-to-Turn Estimate has continued to drop over the last few weeks and remains below 36 days.
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The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.
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The automaker saw a Quarter One net income of $2.9 billion, just 2.7% lower than 2021, despite $2.5 billion in increased costs as global revenue rose 11%.
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Toyota Motor Corp. is getting closer to using up a key U.S. tax credit for hybrid and electric vehicles, a situation company leaders say will raise its costs and hinder the adoption of climate-friendly cars.
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DMS innovator continues to shape the future of automotive retail with acquisition of marketing intelligence platform.
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Haeffner comes to APCO with significant financial executive experience in consulting and the automotive sector.
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Acquisition adds complementary product portfolio to Protective's asset protection division.
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Two key additions to an already talented management team help position the company to meet the demands of expected strong growth.
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