The automotive industry has seen notable shifts in 2024. While some automakers experienced significant growth, others faced challenges. This analysis delves into the sales performance of the top 10 automakers in the first half of 2024, highlighting key trends and market dynamics. Top 10 Automakers in 2024: Sales Analysis and
April 2024 has unfolded as an intriguing chapter in the narrative of the U.S. light-vehicle market. After 20 months of consecutive growth, this April observed a modest setback, with total new-vehicle sales slipping 3.9 percent to 1.32 million units compared to April of the previous year. This mixed bag—comprising growth
The American car lot has long been a landscape dominated by sizeable vehicles. Trucks and SUVs, synonymous with power and capability, are fixtures on this terrain. Yet, a recent survey from YouGov indicates a shift in consumer sentiment, underscoring the complexity of our relationship with these vehicles. As much as
As the last leaves fell in the autumn of 2023, so did the F&I gross profit per vehicle for the majority of public dealership groups. It was a quarter that many in the automotive industry watched closely, as whispers of change turned into tangible outcomes. But what caused this shift
As 2024 approaches, the American auto industry is showing signs of an exciting transformation. This period marks a critical juncture, with the industry emerging from the challenges of the global pandemic and navigating the complexities of supply chain disruptions. In this article, we take a deep dive into the projections
Stellantis and GM Lead the Charge in the Automotive Industry’s Significant Minority Dealer Growth Since 2012 The year 2022 witnessed a remarkable surge in the U.S. automotive sector as 110 minority-owned dealerships were added, signifying an unprecedented trend in over a decade where the tally saw a triple-digit rise for
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