U.S. auto sales seen plunging 20%, Alix says
Amid global contraction, U.S. sales are not expected to reach 17 million vehicles again until 2026.
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Tag Archives: Auto Dealers
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Jun 20
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Jun 20
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AutoCanada’s Q1 earnings hammered by COVID-19
Despite the pandemic, AutoCanada saw signs of progress for its U.S. stores, which have been a drag on the company’s financial performance since acquiring the Illinois dealerships in 2018.
- 04
Jun 20
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Bipartisan PPP Flexibility Act Sails Through Senate
NIADA praises congress for working together to help independent dealers weather the COVID-19 crisis.
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Jun 20
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Getting the Most Out of Your Menu
With the increasing demand to generate revenue from the business office today, coupled with the number of products available and the client’s lack of focus, makes maximizing your menu challenging. Trent White with American Financial’s F&I University is here to share a solution to help get the most out of your menu.
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Jun 20
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Black Book Used Vehicle Retention Index Decreases 0.7 Points In May
May wholesale prices stabilized after a record drop in April.
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Jun 20
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More than 20 U.S. dealerships damaged in wake of civil unrest
Showrooms across the country have experienced vandalism, theft and/or closures during protests over the death of George Floyd in Minneapolis. Some dealerships took measures to protect inventory.
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Jun 20
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IAA Enhances CSAToday® with Integration of Interact™ Merchandising Platform Data
Enhancement improves total loss determination and vehicle inventory management.
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Jun 20
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Sales declines ease at Toyota, Honda, Hyundai, Subaru
May U.S. deliveries fell 26 percent at Toyota, 17 percent at American Honda,13 percent at Hyundai, 19 percent at Subaru and just 1 percent at Mazda, more signs the market is recovering from severe restrictions on business and consumer activity because of the COVID-19 outbreak, with automakers now scrambling to boost output to replenish falling stockpiles.
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Jun 20
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Parks Lincoln of Longwood Keeps Seminole County Sheriff’s Department Safer During Coronavirus
Sanitizing added to maintenance and repairs on Sheriff’s office vehicles.
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Jun 20
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Expert Advice for F&I During COVID-19
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.
