How do car dealers manage to pull in profits while automakers pivot product mix to meet customer preferences? Execs at two large dealer groups reveal creative tactics.
In recent years, dealers enjoyed record-high gross margins on new and pre-owned car sales. However, with inventories returning to pre-COVID levels, dealers are facing a marketplace with increasingly ...
The U.S. auto market is undergoing a major shift as rising prices, high interest rates and changing consumer demand leave ...
Since 2020, auto dealers have been dealing with monumental supply chain disruptions and challenges. The unprecedented Covid-19 pandemic and an ensuing chip shortage contributed to the lowest inventory ...
GM was named as one of the major automakers that most heavily relies on vehicles that are on the way to dealer lots, listing in-transit vehicles in available inventory to help meet consumer demand.
It's a simple concept: You can't sell cars you don't have. Inventory is essential for success. And, as we've always said at vAuto, you make money when you buy a car, not when you sell it. So buying ...
New Offering Brings VIN-Level Inventory Into High-Intent Reddit Communities, Giving Car Dealers Access to an Unduplicated, ...
Since its launch in 2021, the IONIQ 5 has become a huge success, consistently ranking among the most popular electric ...
"Assuming the Q2 numbers represent the sales pace, going forward is silly." ...