Five Factors in Used Car Market – May 24, 2012
No.1: Risk diminishing on high-risk car loans. No. 2: Franchised dealers pushing hard in all used vehicle niches, independents feel it. No. 3: CPO sales meet cost reduction intentions, but still being sold to luxury buyers willing to pay more. No. 4: Used vehicle sales volume and prices softening, but all things […]
Retail Automotive Summary – May 2012
Art Spinella CNW Research President CNW Research – Retail Automotive Summary – May 2012 For 1st time in more than 6 months, used-vehicle inventories are virtually flat in days’ supply; Reflects both tighter inventory control by medium and large used-car dealers as well as somewhat slower floor traffic for used cars; It has also resulted […]
NADA Used Car Guide – May 2012
Jonathan Banks National Automobile Dealers Association Senior Director of Editorial and Data Services Guidelines – NADA Used Car Guide – May 2012 For May, NADA is predicting that prices relative to April will be down by a modest 0.6% due primarily to a slight seasonal contraction in demand. NADA expects used prices in June will […]
NAFA Webinar Helps Fleet Managers Take Control of Fuel Costs
The lifeblood of every vehicle is the fuel it runs on, which makes fuel costs a dominant issue for the fleet industry. With so many factors affecting pricing — ranging from the common laws of supply and demand to the complex workings of the geo-political – fleet managers are constantly seeking guidance on this intricate, […]
