Sales & Marketing
EV sales, market share reach record in Q1
Electric vehicles hit records in sales volumes and market share in the first quarter as new inventory improved and more...
Incentives remain historically low as ATPs inch down
Incentive spend ticked up in March but remained historically low while average transaction prices fell below the manufacturer suggested retail...
Market volatility compresses independent dealer margins
Volatile market conditions are squeezing independent dealers’ profit margins amid high interest rates, low used inventory and the inflation-spurred higher...
Wall Street analysts expect high ATPs to persist
Analysts on Wall Street expect high average transaction prices on new vehicles to persist for the foreseeable future as automakers...
Bank of America, Chase Auto, Lendbuzz execs to dive into sales strategies at AFS East
Executives from Bank of America, Chase Auto and Lendbuzz are set to take the stage on Friday, May 12, at...
$1,000 monthly payments on new vehicles reach record in Q1
The share of consumers paying more than $1,000 per month for new vehicles reached a record high in the first...
Sunbit expands into F&I products for consumer affordability
Buy-now, pay-later fintech Sunbit is expanding its dealer services to include finance and insurance products to assist consumers with affordability. ...
China slowly squeezes global carmakers out of its massive market
Legacy automakers have been sounding optimistic lately about vehicle sales in China heading higher following the great reopening. Volkswagen boss Oliver...
