Chevy dealer inventory fell to a 77 days supply in December 2024, tracking the general trend in the market as sales rise, ...
Auto dealerships employ a wide range of workers and often maintain a variety of complex pay plans, which can make compliance with federal wage ...
In a significant advancement for automotive retail technology, Dealer Creative AI introduces an artificial intelligence marketing platform that ...
There's tight supply for the Corolla Cross, Land Cruiser, Prius, Corolla, and Sienna, according to the dealer chairman.
Q4 2024 Management View CEO Jochen Zeitz highlighted the challenging macroeconomic conditions, including high interest rates and declining consumer confidence, which led to a 15% drop in global retail ...
Entering 2025, auto dealers are having to address continued changes with inventory acquisition plans, primarily due to volatile wholesale prices and a scarcity of quality vehicles at auctions.
HDMC operating income for the year dropped 58%. Dealer inventories declined by 19% sequentially in Q4, with global inventory levels ending 4% lower than the prior year. Harley-Davidson repurchased ...
Cox Automotive‘s vAuto released two new enhancements to its ProfitTime GPS and Provision platforms: Centralized Inventory Management and a revamped appraisal tool. These advanced tools will enhance ...
Managing inventory will be key to driving profit and loyalty as dealers struggle for better margins in 2025. Dealer margins are likely to be challenged again in 2025 as the market works through a ...
Most brands had inventory levels above that 75-day average, with nine brands holding more than 100 days worth of cars at the end of the month, according to Cox. This headache for dealers and car ...
Ford dealers will receive increased floorplan assistance starting in April as inventory carrying costs continue to rise.