General Motors reports second-quarter financial results before the stock market opens August 1. Wall Street analysts expect lower earnings on lower revenues, though they are hopeful for an upside surprise as GM delivered in Q1. In the U.S., GM sold…
Fiat Chrysler reports second-quarter financials July 31 before the U.S. stock market opens. Wall Street analysts expect FCA to post positive earnings, though down from a year ago on lower revenues. In the U.S., FCA’s largest market, the automaker sold…
The economy is still growing, thanks primarily to the consumer and an expanding Federal deficit. The first estimate of real GDP growth in the second quarter was 2.1%, which was better than expected but indeed a slowdown from Q1 and…
ATLANTA, July 26, 2019 – Cox Automotive is forecasting July U.S. auto sales volume to finish at 1.38 million, rising 0.5% from last year, or about 7,000 units. The seasonally adjusted annual rate (SAAR) is expected to drop to 16.6…
In an auto market that is down year to date, sales of luxury vehicles are perhaps a bright spot. Non-exotic luxury sales were up 6% year-over-year in June and up 2% in the first half of the year. The seasonally…
Investors wonder if record second-quarter deliveries reported by Tesla will result in a profit when the electric-car maker reports financials July 24. After a big drop in sales to start the year, Tesla reported it delivered a record 92,500 vehicles…
Ford Motor Co. reports second-quarter financials after the stock market closes July 24. Wall Street analysts expect Ford to post higher per-share earnings on lower revenue for the second quarter. In the U.S., Ford’s Q2 vehicle sales were down nearly…
Sales of certified pre-owned (CPO) vehicles decreased 0.09% in June compared to June 2018 and were down 4.4% compared to May. For the month, 240,844 CPO units were sold. This brings the total number of CPO units sold in 2019…
A new study released by Cox Automotive reveals an optimistic forecast with younger generations showing a greater interest in dealership jobs than older generations. The 2019 Cox Automotive Dealership Staffing study reveals that among Gen Z and Young Millennials, more…
ATLANTA, July 23, 2019 – As employee turnover across the U.S. reaches new heights and competition for talent redefines the workforce, dealerships find themselves at the epicenter of the struggle to attract and retain skilled workers. Fortunately, the Cox Automotive…
