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…
Contrasts are the theme. Improving retail sales contrasts with residential construction weakness. Economic growth is decelerating but could pick up if consumers start spending again. Consumer credit is supportive of that spending, but rising defaults on credit cards and higher…
Automotive News, April 19, 2019 — As new-vehicle prices rise, more consumers continue to shift to the used-vehicle market, according to a Cox Automotive study. In another finding, the study said new- and used-vehicle customers who handle at least part of…
Bloomberg Radio, April 17, 2019 — Michelle Krebs, executive analyst at Autotrader, visits the Bloomberg Radio studio in New York to give a sneak peek into what she is seeing at the New York Auto Show and in the automotive…
Affordability pressures generally benefit the used market and strengthen demand as a result of buyers being priced out of the new market. New-vehicle prices are at record highs and interest rates are at 8-year highs. Perhaps this is one of…
F&I and Showroom, April 16, 2019 — According to a new study released today 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…
ATLANTA, April 15, 2019 – According to a new study released today 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…
ATLANTA (April 15, 2019) – In response to the skyrocketing digital wholesale marketplace where seeing is believing, Cox Automotive is continuing its investment strategy. This latest investment is to accelerate the digital buying and selling experience, bringing it closer to a…
