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Forecast shows rising sales, inventory, and good 2023 outlook.
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The 3.1% year-over-year increase in new-vehicle sales in December was more than enough to push the industry’s annual sales tally above the 17.5 million-unit mark for 2016, according to Autodata Corp.
Read More →Significant retail discounts drove up both December and fourth-quarter new-vehicle sales for the nation’s largest dealer group, but they also cut into the group’s sales margins, AutoNation officials said this week.
Read More →Edmunds said this week the industry is on pace to break the previous December sales record set in 2004. It predicts the industry will retail 1.7 million units in December, a 29.7% increase from November and a 12.3% increase from a year ago.
Read More →A 10.8% new-vehicle sales increase in December capped off a year in which the industry broke through the 16 million-unit mark.
Read More →New-vehicle retail sales in December are expected to reach a SAAR of 14.2 million units, the highest level since 2006.
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Greg Grimaldi of Carman Ford Lincoln in New Castle, Del., was named Sales Professional of the Month for December.
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