Interest Rates Test Dealerships in Favorable Market (PDF) The U.S. automotive market continues to thrive, bringing optimism to franchised dealerships across the country. According to the latest quarterly index survey conducted by Cox Automotive, dealers expressed satisfaction with the current market conditions and anticipate further growth in the coming months.
May Auto Market Report: Trends & Challenges in Automotive (PDF) The automotive market experienced a series of ups and downs in the month of May, with notable declines and minimal increases across various segments. As we delve into the market report for May, we observe a shift in trends and
Auto Market Update Week Ending Jun 3, 2023 (PDF) Welcome to our latest Auto Market Update! In this week’s report, we’ll delve into the recent performance of the market, highlighting key trends and notable developments. Last week, the auto market witnessed a decline of 0.31%, exceeding the usual drop of
Exploring NHTSA’s Ambitious Plan to Reduce Road Accidents (PDF) In a remarkable move to prioritize road safety, the National Highway Traffic Safety Administration (NHTSA) has unveiled a groundbreaking proposal aimed at slashing the number of road injuries by a staggering 24,000 each year. This bold initiative requires automakers to equip
Tesla Model Y Takes the Crown as Q1’s Best-Selling Car (PDF) Tesla’s Model Y has revolutionized the automotive industry, captivating consumers worldwide and securing its position as the best-selling car in the first quarter of this year. With an astonishing sales figure of 267,171 units, this premium midsize crossover surpassed
Auto Incentives and Rebates Week Ending Jun 3, 2023 (PDF) Welcome to our highly anticipated weekly report on the most enticing auto incentives and rebates currently available! Whether you’re in the market for a sleek new car, a rugged truck, or a versatile SUV, we’ve got you covered with the
Auto Market Update Week Ending May 27, 2023 (PDF) Last week witnessed a further decline in the market, especially in the Truck segments. Notably, the rate of depreciation accelerated, leading to the most significant weekly drop since late January this year. The Full-Size Van segment also experienced a substantial decline,
Tesla’s Reputation Slumps Amidst GM and Ford’s Upward Trend (PDF) In a recent survey conducted by Axios, it has come to light that Tesla’s reputation has suffered a significant decline over the past year, while other car manufacturers have made improvements in their standings. The Axios Harris Poll 100 reputation
The Rise of Cash Deals in F&I Offices (PDF) The percentage of “cash deals” in auto dealership finance-and-insurance (F&I) offices have been steadily increasing over the past year. This trend, however, poses a challenge for dealerships as they earn revenue by arranging loans between lenders and consumers. When customers pay
Auto Market Update Week Ending May 20, 2023 (PDF) In the overall market, declines continued last week, with only a few segments showing small increases. As with other segments of the market, 2-to-8-year-old vehicles declined -0.13% last week. 0-2-year-old vehicles declined -0.12%, and 8-to-16-year-old vehicles declined -0.17%. The overall Car
Auto Incentives and Rebates Week Ending May 27, 2023 (PDF) Welcome to our highly anticipated weekly report on the most enticing auto incentives and rebates available right now! Whether you’re in search of a sleek new car, a rugged truck, or a versatile SUV, we’ve got you covered with the
Toyota Tacoma: Dominating the Midsize Pickup Segment Anew (PDF) In the realm of midsize pickups, the 2024 Toyota Tacoma stands tall, ready to defend its dominance against formidable rivals. Toyota’s latest offering boasts a redesigned look, an optional hybrid powertrain, enhanced ride quality, and an impressive technological upgrade, signaling its
How Chinese EVs Will Transform the US Vehicle Market (PDF) Prepare for a game-changing transformation in the US car market as Chinese automakers gear up to disrupt the industry with their affordable electric vehicles (EVs). Years of preparation and planning have brought these companies closer than ever to making their
Auto Market Update Week Ending May 13, 2023 (PDF) Auto Market declines continued this week, down -0.15%, not far from what we’d typically see at this time of year for seasonal declines. The pre-COVID market averaged a decline of -0.20%. Last week, only two of the nine Car segments increased.
Toyota’s Growth Trajectory: Achieving Record Production, Sales, and Profit (PDF) Toyota’s CEO, Koji Sato, unveiled the company’s quarterly financial results, highlighting Toyota’s financial resilience as it strives to catch up in the electric vehicle (EV) market and navigate the influx of aggressive competitors from Silicon Valley and China. FY
2019 Chrysler Pacifica Loss in Value Case Study (PDF) The 2019 Chrysler Pacifica is a modern minivan that excels in providing ample space and impressive features. With seating for up to seven passengers (expandable to eight with an optional second-row bench), it offers room for families and their belongings. The
The Commercial Trucking Market Cooled Down in Q1 2023: An Analysis (PDF) The commercial truck market experienced a tumultuous ride in 2022, with soaring prices and high activity levels. As the year progressed, a semblance of normalcy emerged, but concerns about economic challenges persisted. However, in the first quarter of
Auto Incentives and Rebates Week Ending May 13, 2023 (PDF) Are you in the market for a new car? It can be overwhelming trying to navigate all the different models and incentives available. That’s why we’ve compiled a list of the latest auto incentives and rebates to help you make
Rise and Fall: Q1 F&I Profit Highlights and Challenges (PDF) The first quarter of 2023 has brought mixed results for publicly traded dealership groups in the United States. While some groups experienced a slight increase in average finance and insurance (F&I) gross profit per vehicle, others faced a decline. This
Car Sales in the US: Is the Tide Turning for Sedans? (PDF) Has the share of cars sold in the US compared to light trucks finally bottomed out? The latest data from Q1 2023 shows that sedans and other types of cars made up 21.4% of the 3.6 million new
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