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High Demand For Hybrids Contributes To Increased Sales In February

Carscoops

According to a preliminary report by GlobalData, the daily vehicle selling rate rose to 50,000 in February, up from 42,400 in January. Another contributing factor to the market’s growth is the increased deliveries to commercial customers and daily rental operators which were higher than in recent years. percent.

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Cox Automotive Forecast: August U.S. Auto Sales Show Stability Amid Seasonal and Labor Day Boost

AutoSuccessOnline

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.

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Q4 2023 State of Dealership Sales & Inventory: Insights from Q3 & Looking Ahead

Automotive Mastermind

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.