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The popular Stellantis truck brand has expanded an unusually extensive warranty in response to consumer and auto dealer demand in an inflated market.
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SEARCHMENUSEARCHThe popular Stellantis truck brand has expanded an unusually extensive warranty in response to consumer and auto dealer demand in an inflated market.
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The Cox Automotive Service Industry Study finds that as dealerships leverage technology to enhance the customer experience, they can capture more service market share.
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The declines are continuing to close out the second week of 2022 with majority of segments reporting drops in valuations.
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RM Sotheby’s had a great year, reporting auction sales of $406 million and private party sales of $150 million, for a grand total of over $550 million.
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The policy reversal will make GM eligible for government fleet purchases by the State of California.
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Moving into 2022, NADA anticipates new-vehicle sales of 15.4 million units – an increase of 3.4% from 2021.
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The year is starting off with declines in many segments, but it remains to be seen if we reached the peak of increases before the holidays or if we will return to increasing values as the market prepares for spring.
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Cox Automotive's Manheim Used Vehicle Value Index rose 1.6% in December compared with November.
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Toyota’s new vehicle sales in China reaching a record high of 1.94 million units, up 8.2% from 2020, is attributed to the company’s robust supply chain that weathered away the headwinds caused by the global chip shortages.
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New light-vehicle sales totaled 14.93 million units in 2021, up 3.1% from 2020’s 14.47 million. December 2021’s SAAR totaled just 12.44 million units, down 23.7% from December 2020.
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Dealertrack data show new and used retail sales modestly gained against 2019 pre-pandemic levels in the final week of the year.
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