Carscoops

MARCH 7, 2024

The popularity of hybrids and a sharp rebound in their inventory played an important role in bringing more buyers into dealers, helping the majority of automakers improve their year-to-date numbers. According to a preliminary report by GlobalData, the daily vehicle selling rate rose to 50,000 in February, up from 42,400 in January.

Sales 116

Sales Sell Rate Automotive Customer 116

AutoSuccessOnline

SEPTEMBER 10, 2024

As automakers work to make room for the new model year, various financing deals are being offered, including options for 0% financing and up to $10,000 in customer bonuses for buyers choosing a new 2024 model. ” All percentages are based on raw volume, not daily selling rate.

Automotive 52

Automotive Sales Finance Sell Rate 52

Automotive Mastermind

OCTOBER 6, 2023

In this blog post, we’ll explore the automotive landscape in Q3 2023, providing insights into the state of dealership sales, inventory management, customer engagement, and loyalty as dealers head into Q4 and beyond. Sales were stable throughout Q3 despite affordability and rising interest rates pushing some buyers out of the market.

Dealerships 52

Dealerships Sales Management ROI 52