AutoNation CEO calls industry overproduction the ‘old model’
U.S. automakers won’t go back to bloated output and bulging dealer lots, even after the global semiconductor shortage ends, according ...
Tag: new vehicle sales
Igniting demand: Powersports market in the age of covid
A new generation of riders has taken to the road and adopted the two-wheel way of life during the COVID-19 ...
July 4 weekend brings fewer deals as incentive spend declines
This year’s Independence Day weekend was marked by a noticeable pullback in incentives and emptier-than-usual dealership lots. Incentive spend industrywide ...
Chip crisis deepens with Daimler, Jaguar warning of lost sales
Daimler AG and Jaguar Land Rover became the latest carmakers to warn of crimped sales as a result of the ...
As used-car values stabilize, so too should inflation, economists say
Used-car values have for the past three months been a primary driver of the jump in the Consumer Price Index ...
June SAAR projected at 16.4 million as inventory restricts sales
After a robust spring buying season, the new-vehicle sales market is starting to wane as June brings the second consecutive ...
Wait times for chips hit record 18 weeks as shortage deepens
Chip-starved industries from automakers to consumer electronics will need to wait a bit longer for components, as delays in filling ...
Manheim Used Vehicle Index surpasses 200 for first time
Rising used-vehicle prices have pushed the Manheim Used Vehicle Value Index above 200 for the first time in the index’s ...
