Nissan Motor in Japan reports financial results for the October-to-December quarter February 8 and hopes to repeat the previous quarter’s performance, which featured a sharp 25% increase in profits on sales growth in most markets. The results exceeded analysts’ projections…
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were unchanged in January compared to December. The Manheim Used Vehicle Value Index (MUVVI) remained at 204.0 but down 9.2% from a year ago. The index experienced the same…
The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view of the auto industry. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable…
Toyota Motor is expected to post a hefty increase in quarterly earnings and revenues when it reports financial results on Feb. 6, thanks to a rebound in production following the global computer chip shortage. The October to December 2023 period…
ATLANTA, Feb. 5, 2024 – Cox Automotive presented its annual Leader in Sustainability Award to Grubbs Family of Dealerships, a fourth-generation dealership group that has been family-owned and operated since 1948 with six locations in Grapevine, Houston and San Antonio,…
The impact of the six-week UAW strike against the Detroit automakers will be the focus of Ford’s fourth-quarter and full-year financial results when they are posted after the stock market closes on Tuesday, Feb. 6. The strike began late in…
ATLANTA, Feb. 5, 2024 – Cox Automotive presented its annual Barbara Cox Woman of the Year Award to Tina Miller, senior vice president and chief financial officer, at Lithia and Driveway, headquartered in Medford, Ore., one of the largest global…
Job growth in January reaccelerated and was much stronger than expected, plus prior months were revised up. The three-month average for job creation increased to the highest level in nine months, casting doubt on the thesis that job growth is…
ATLANTA, Feb. 2, 2024 — Cox Automotive announces the enhancement of the Dealertrack Compliance solution through the addition of a new Synthetic ID fraud indicator, which will help protect dealers against fraudulent transactions earlier in the F&I process. The new Synthetic…
ATLANTA, Feb. 2, 2024 – Cox Automotive’s VinSolutions has become a data integration partner in FordDirect’s CRM Choice program. Ford Dealers and Lincoln Retailers will be able to gain access to FordDirect data directly within VinSolutions CRM to maximize sales and…
