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Report Uncovers $4.7B Opportunity for Auto Dealers
Solving mismatched payment quotes can boost sales, profits
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SEARCHMENUSEARCHSolving mismatched payment quotes can boost sales, profits
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Dealers report elevated prices, a lack of affordable vehicle models, and higher interest rates are pricing many consumers out of new cars.
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Integrations between Gubagoo Virtual Retailing and KBB ICO now live for dealers seeking to harness the combination.
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Auto lenders, securitization providers continue adoption of digital assets, workflows, but industry headwinds could slow progress.
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Early signs of a potential Spring bump in the market are starting to emerge with the Sporty Car segment reporting an increase for the second consecutive week.
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General Motors Co. posted a $2 billion net profit in the fourth quarter finishing the year strong despite supply chain struggles, record prices and other disruptors.
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Expands portfolio by adding F&I products and services for automotive, RV, powersports, marine, commercial trucking markets.
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The company reported a profit before tax of $326 million for the quarter ending in December.
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Last week, wholesale price declines lessened, coming in at a level on par with last July (apart from the weeks around Thanksgiving and Christmas when volume and conversions were down), before the declines began to accelerate for Q3 and Q4.
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Cox reports that in the auto sector sales of motor vehicles and parts fell in December.
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TransUnion research finds a lack of inventory and low interest rates turned consumers away from leasing new cars and trucks over an 11-month period.
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