ATLANTA, May 28, 2019 – Cox Automotive is forecasting May U.S. auto sales to decline nearly 3% from last year, falling to 1.54 million units. The seasonally adjusted annual rate (SAAR) is expected to rise slightly to 16.9 million, above…
Kelley Blue Book Brand Watch™ is a consumer perception survey that also weaves in consumer shopping behavior to determine how a brand or model stacks up with its segment competitors on a dozen factors key to a consumer’s buying decision.…
New home construction and new home sale have been a plus, but manufacturing is in decline against the backdrop of possibly prolonged trade drama with China. Housing positive:New home construction and new home sales are the primary positive trends so…
Luxury vehicle sales in Q1 2019 rose 1% while total U.S. sales dipped 3%, in line with Cox Automotive’s expectations for the full year. Q1 sales and share of midsize and compact luxury utilities rose while luxury full-size utilities held…
On this episode of the vAuto Podcast, Dale Pollak, founder of vAuto, discusses the origins behind Provision ProfitTime, the game-changing method that measures a vehicle’s value on its profit potential, not how long it’s been on the lot. Dale also…
Kelley Blue Book Brand Watch™ is a consumer perception survey that also weaves in consumer shopping behavior to determine how a brand or model stacks up with its segment competitors on a dozen factors key to a consumer’s buying decision.…
Tesla’s stock price slumped to its lowest level since December 2016 Monday, falling below $200 during active trading, after another analyst issued a scathing report on the electric automaker’s problems and cut the price target for the stock after heavy…
CBT News, May 21, 2019 — Following Manheim’s release of the latest edition of the Used Vehicle Value Index, Zo Rahim joins CBT News to discuss current defining factors of the auto industry. As the Manager of Economics and Industry Insights…
Automotive News, May 20, 2019 — Automakers have begun to view online retailing as an important tool that dealers should be using alongside dealership management systems and customer relationship management software. Digital vendors say automakers’ interest is growing as everything…
New auto tariffs on Europe and Japan were postponed while tariffs on steel and aluminum from Canada and Mexico were lifted, eliminating some uncertainty but not all. Retail sales remain weak, pointing to a softer economy, but housing and interest…
