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The biggest takeaway from this month’s value changes is that all the warm weather segments are down, most by substantial amounts. The only vehicles to see any upwards pricing pressure are the snowmobiles, which should be headed in that direction for the next several months, reports Black Book
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September new light-vehicle sales fell for the 5th consecutive month to a SAAR of 1.2 million units, reported the National Automobile Dealers Association (NADA).
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The seasonally adjusted Retention Index increased to 169.5 points, hitting another record this year.
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Risk Theory Dealer Advisors and TrueRisk Advisors merge to form Brightline Dealer Advisors to create a truly dealer-centric partner in the automotive marketplace.
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With the new digital tool, dealers can see a quick summary showcasing the average local wholesale transaction price and average mileage of a specific vehicle’s make, model, year and trim.
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As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.
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Asbury adds to the auto retail megadeals trend with its pending acquisition of Larry H. Miller Dealerships.
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GM sales fall short of Toyota Motor Corp. over two consecutive quarters.
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In July 2021, the company exceeded its yearly mark with its 16th acquisition.
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Overall, recent polling indicates more Americans are feeling better about the quality of their financial life now, relative to their expectations, compared to the end of 2020.
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