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Four of the six major U.S. and Japanese automakers improved their scores; Two automakers worsened.
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Biden stressed that the country needs automakers and other companies to keep manufacturing in America and “not take the benefits of our public investments and expand electric vehicles and battery manufacturing abroad."
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GM dealers with websites powered by Sincro can now use Sincro Inventory Manager as an approved tool for seamlessly feeding data from more than 200 vendors into GM’s Dealer Digital Command Center.
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Easterns Automotive is the first dealership to launch the lease payment calculator on their website, where visitors can determine their exact payment based on the preferred amount due at signing, miles driven per year and lease term.
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Auto loan originations and leases to subprime borrowers fell to just 15% of the total in the first quarter, reported the New York Federal Reserve.
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vAuto reports vehicle inventories dropped to 2.24 million vehicles in April, representing a 44-day supply.
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Volkswagen strength driven by best-selling models; Tesla falls on price declines for its most expensive vehicles.
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Editors recommend best new, used rides for recent college graduates.
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New inventory is not expected to see improvement until the third quarter of this year, so values are expected to remain at elevated levels throughout the summer.
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Survey also reveals how changing advertising trends are reshaping which channels and tactics are driving more customers into showrooms.
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