NADA Market Beat report reveals double-digit spike in new light-duty sales in May.
Robust demand and increased vehicle availability drive significant growth.
Early adopter Princeton Audi finds success online and in-store.
LMC Automotive and J.D. Power predict U.S. auto retail sales will rise in October as supply chains improve and make more vehicles available to dealerships.
The average interest rate paid on a new vehicle purchase hit 5.7% in September, up from about 4% in 2021.
Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.
Consumers ranked Tesla’s app the highest, but respondents reported they were not completely satisfied with any of the apps they tested.
Partnership integrates best in class F&I presentation solution with Real-Time Retail™ platform.
Combined sales at the seven major automakers that release monthly results dropped 17% in October. Automakers cite the semiconductor chip shortage and supply chain bottlenecks as the reason.
The intent of the alliance is to give consumers more flexible choices when making vehicle purchase decisions.
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