DECEMBER 29, 2023
December Sales Volume on Pace to Beat 2022 Numbers
Sales are expected to remain consistent but incentives, interest rates will cut into dealers’ profits, reports J.D. Power.
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Dip in Service Volume Is Warning Shot for Dealers
Dealers must offer first-rate service to restore customers’ trust, reports Cox Automotive.
Blue Sky Values Stay High
Haig reports 2023 may be the third-most active year ever.
Auto Consumer Brand Loyalty Making Modest Rebound
Brand loyalty has “been flat for a long time,” says Tom Libby, an S&P analyst.
AI and the Automotive Dealership Landscape in 2024
In 2024, artificial intelligence stands as the transformative force set to reshape the automotive industry, particularly at automotive dealerships.
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