THOR incentives increase 28% YoY
Recreational vehicle manufacturer THOR Industries continued to increase incentives in the third quarter of 2023 as RV sales, backlog and ...
Tag: inventory
May auto sales increase for 10th month on pent-up demand
May marked a bright spot for auto manufacturers as sales jumped amid increasing supply and incentive spending, marking the 10th ...
Honda eyes incentives as inventory rebuilds
Honda could be on track to increase incentive spend and gain market share as supply rebuilds following multiple years of ...
PNC Financial’s floorplan utilization rate recovering
PNC Financial’s floorplan utilization rate is gradually returning to pre-pandemic levels as inventory on dealer lots continues to improve. Utilization ...
Fed: Vehicle sales were mixed in April amid high interest rates
Auto sales were mixed in April as improving vehicle supply propped up sales, but high interest rates contributed to softening ...
New-vehicle supply jumps 70% YoY
New-vehicle supply in March grew across the industry but remains mixed as some manufacturers are struggling to fill dealer lots ...
Improving inventory presents new headwinds for powersports dealers
Powersports dealers are facing growing supply, rising costs and a dip in pricing margins ahead of a potential recession, causing ...
Market volatility compresses independent dealer margins
Volatile market conditions are squeezing independent dealers’ profit margins amid high interest rates, low used inventory and the inflation-spurred higher ...
