Pep Boys Signs a Sweet Deal with Barrett-Jackson
Looking for a good market for aftermarket products that values quality over pricing? How about classic car collectors? The Pep Boys – Manny, Moe & Jack, just signed a deal with Barrett-Jackson Auction Company as the exclusive distributor car care products within its new Automobile Restoration System. The three-part systems includes abrasives, paint and car […]
Car Vs. Truck Day Supply
- For franchised dealers, improving new sales have brought a welcome number of trade ins, replenishing badly depleted inventory
- Along w/ shortage of 5-year-old and newer models at independent dealerships has boosted the overall industry to 47.5 days’ supply
- Change in attitude about gasoline prices has succeeded in shifting mix of cars and trucks
North America Light Vehicle Assembly Forecast
- Polk forecasting team reporting good news for North American assembly and sales volumes to continue to improve
- Comes from modest economic improvement and satisfaction of pent-up demand
- There is fly in ointment beyond threat of European economic problems – Canada and US should continue losing to new vehicle assembly allocation to lower-cost Mexico
Diesels’ stinky image getting sweet-smelling upgrade
Mention diesels to most American motorists and they’re likely to come up with words such as noisy, smelly, slow and uncomfortable as quickly as if they’d been given a Rorschach test. Yet, to a small but growing number of fans, diesels provoke a very different response. To them, the technology is quick, smooth, quiet and, […]
LMC Automotive Rethinks its New Vehicle Forecast
Remarketing analysts are carefully following what happens in new car sales and how it will affect the inventory flow in months ahead. Flattening of economic growth expected in the second half of this year caused LMC Automotive to rethink its earlier forecast. Uncertainty among consumers is the main reason for rethinking sales for this year […]
