Mickey Quinn of Vanguard Dealer Services reports customers who buy post-sale vehicle service contracts from dealerships are 3+ times as likely to buy another car from them in the future.
Car supply shortage squeezes sellers and shoppers as Cars.com finds nearly 1-in-3 recent buyers drove 100 miles or more for the car they want.
President Biden assigned the task force to develop responses for near-term supply challenges in key industries.
The bill earmarks $52 billion to help domestic semiconductor manufacturers expand production.
How fast automakers move vehicles from factory floors to showrooms will shape the sales story the rest of the year.
All nine car segments reported gains last week, however, 0.8% is the lowest weekly gain the overall car segment has seen in 15-weeks.
SMART Saving Plan allows customers to automate a recurring savings amount that matches their paydays.
Top executive reports Toyota Motor Corp. will shift electric-vehicle production to the U.S. if demand continues to grow.
Programs from Lexus, Kia shine brightest among CPO offerings this year.
Automakers reported impressive monthly results, showing increases that ranged from 40% to 70% compared to unit sales during the pandemic.
Wholesale used vehicle prices have increased 37% over the past 20 weeks and used retail prices rose 15% since the end of 2020.
Automotive analysts offer a breakdown of recent findings and prescribe how dealers can utilize data to differentiate themselves and stay a step ahead of the competition.
Driven by an extreme shortage of rental returns and limited inventory of new vehicles, the price trends of newer used vehicles have been experiencing larger weekly gains.
In most cases, individuals underperform because they weren’t set up for success. At the end of the day, only you can decide whether trying to salvage the relationship will be worth the effort.
Today’s news pushed Ford shares up 6%. Ford stock prices have doubled since CEO Jim Farley took the helm in October 2020.
Kelley Blue Book editors rank and comment on the 10 Best Back-to-School Cars for 2019, all starting at around $20,000 or less and still available on new-car lots.
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