5 Automotive Industry Predictions For 2021
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Do Customers Really Want Electric Vehicles?
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A DealerRefresh Recap: Covid-19, Dealer Process, Digital Retailing, and Planning Forward
Well, just like the old saying…March came in like a lion and out like Godzilla. A Godzilla who has us sheltering in place. It has been a while, but it is definitely time for the next Dealer Refresh Recap. With everything going on in the world, I wanted to give you some great resources to …
Will COVID-19 dealership CERTIFICATION become a thing?
COVID-19 Certification I believe this is potentially coming if this pandemic becomes a long-term situation within the United States or becomes a recurring annual issue. This certification would entail dealerships meeting a strict set of protocols to maintain the health and safety of not only their employees but the general public visiting the dealership. The …
Cars.com Tracks Impact of COVID-19 on U.S. Auto Industry: Car Buyers Are Embracing More Online Shopping Activities and Increasingly Putting the Brake
CHICAGO – Leading automotive digital solutions provider CARS Inc. (NYSE: CARS) announced today new insights from its research to determine the impact of COVID-19 on the U.S. automotive industry. The company found that while many dealerships are experiencing historically low foot traffic and many have closed showrooms completely, tens of millions of people are still …
CPO Beats Forecast Forecast, Sets All-Time Record in 2019
Certified pre-owned (CPO) sales volume set another record in 2019 – marking the ninth consecutive year of record-breaking sales. CPO sales reached 2.80 million vehicles in 2019, up 4% from 2018, exceeding the Cox Automotive forecast of 2.75 million. 2019 was the last big year of growth in off-lease units as we reached a total …
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