On Episode 2 of the vAuto Podcast, Mike Boyd, founder of iRecon, joins the show to discuss the state of reconditioning across the industry. While the reconditioning process typically takes 12–14 days, Mike explains how a strong software solution can…
FCA released Q1 financial results today, Friday, a day often saved for bad news. And while the news is not all bad, it was not great either. Ford and General Motors shared Q1 results during the past week and both…
April auto sales are being reported today, with many auto makers posting numbers lower than year-ago levels. At this point, overall April 2019 volume appears to be below our initial forecast of a 1.0% increase over April 2018. Considering market…
Ford surprised analysts with better-than-expected earnings. Will General Motors do the same? We’ll find out when GM reports first-quarter financials before the stock market bell rings on April 30. In Q1, GM’s U.S. sales fell 7% while the overall U.S.…
This morning in Dearborn, Ford Motor Company confirmed plans to invest $500 million in Rivian, a Michigan-based electric vehicle startup. The investment places Ford among the largest investors in the privately-held company. Rivian has been in the spotlight recently, with…
Ford Motor Co. reports first-quarter financials on Thursday after the stock market closes. Analysts expect a mixed bag from Ford with lower sales in its major markets leading to overall lower revenue and profits from a year ago. Ford is…
Hosted by Brian Finkelmeyer, the director of business development for Conquest™ at vAuto, the new vAuto podcast series kicks off on a powerful note. Today’s guest is Brian Benstock, the general manager and vice president of the world’s #1 Certified Honda…
Tesla reports first-quarter earnings today after the stock market closes. Investors are bracing for a loss after two profitable quarters. The size of the loss is in question and worrisome. Kelley Blue Book data on quarterly sales show Tesla’s first-quarter…
The April 2019 Cox Automotive Industry Update Report shares Cox Automotive’s multifaceted insight into the automotive marketplace to provide an overview of economic indicators, supply, demand, credit and other vital topics and trends affecting the industry. ECONOMIC INDICATORS The Employment…
According to a new study released by Cox Automotive, budget-minded, time-strapped, tech-savvy U.S. car buyers are spending a higher percentage of their shopping time online and less total time in market as they hunt for their perfect ride. The 2019…
