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NADA Market Beat report reveals double-digit spike in new light-duty sales in May.
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Larger inventories and greater fleet sales boosted light-duty sales.
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More cars are available, but record prices and rising interest rates will challenge customers.
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NADA CEO Mike Stanton, outgoing Chairman Mike Alford, and incoming Chairman Geoff Pohanka shared what’s on deck for the year ahead.
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New research from Cox Automotive shows consumer satisfaction with the car buying process declined in 2022 for the second consecutive year.
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Says inefficiency in capacity is a major issue that dealerships must address in order to improve.
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Top five are familiar, especially with Honda’s return.
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November’s SAAR of 14.1 million units rose 7.9% compared to November 2021 but was down 6.5% compared to October 2022.
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New light-vehicle sales in October 2022 totaled a SAAR of 14.9 million units, the second-highest monthly total this year.
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