Art Spinella’s Retail Automotive Summary for August
In August, the days' supply of used vehicles up more than 15% vs. year ago. That will translate into softer used prices as dealers attempt to shed inventory that’s beginning to back up on their lots.
Networking Opportunities are Endless at this Year’s AFLA Conference
We consistently hear from conference attendees that AFLA’s networking opportunities are among the most valuable they experience all year. Join AFLA in San Antonio to experience myriad activities specifically designed to facilitate your networking with senior leaders in the corporate fleet industry. The AFLA conference has become for me an ‘extreme networking’ event, which saves […]
Liquid Motors Names New COO Who Previously Served OPENLANE and Manheim
Liquid Motors, a provider of comprehensive inventory management and marketing solutions, has named a new chief operating officer, a former leader with OPENLANE and Manheim. Greg Lubrani will work on expanding sales and account management efforts for Liquid Motors’ wholesale merchandising solutions, to independent auto auctions, remarketers and other wholesale industry companies. (See the video […]
Tesla Model S Very Nice but Price Point is Challenge, Mike Jackson Said
AutoNation Inc. CEO Mike Jackson had good things to say about the new Tesla Motors electric luxury sedan, the Model S, but it is an expensive car starting at $57,400 pre-incentives. The price will mean limited demand, Jackson said, though it is really a first-rate car. The base version has 160 miles of range and […]
Art Spinella on What’s Happening with Independent Dealers
Independent dealers are seeing a tough used vehicle sales market in August, and face a bigger challenge, according to CNW Research’s Art Spinella… 1. In some regions of the country, used sales by Indies are soaring while in other parts of the country they are in the tank. Regardless of regional differences, Independents on the […]
