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Black Book recently published an update to their weekly COVID-19 Market Updates, including wholesale prices, retail listing prices, wholesale sold volume, and used retail listing volume.
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Total U.S. automotive aftermarket sales are forecast to decrease 8.8% in 2020 as a result of the impact of the COVID-19 pandemic and related factors.
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The automotive industry has seen an unprecedented loss in sales over the past few months and F&I departments are facing serious challenges amidst these losses. We spoke with five leaders in F&I training, and they shared their thoughts, advice, and predictions on what to do today to help prepare for tomorrow.
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Understanding the differences in target audiences, their feelings about brand, loyalty, preferences, and shopping habits is vital for success.
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Facebook showcases Digital Air Strike’s impressive results leveraging Dynamic Click to Marketplace Advertising.
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The April SAAR represents a drop of 47.6% compared to April 2019. Yet many industry watchers believe auto sales have bottomed out and are showing signs of recovery.
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Analysts say April will be the worst auto sales month in at least 30 years due to the coronavirus pandemic.
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According the new analysis, global light vehicle sales are now forecast to be 69.6 million units this year in the wake of the pandemic.
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Although used vehicle prices have risen steadily in recent years due to a deluge of off-lease, option-rich SUVs, and trucks hitting used lots, experts say this trend is set to hit a turning point, according to new research from Edmunds.
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Analysts forecast a SAAR of 11.9 million in March due to market disruptions caused by the COVID-19 crisis.
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