Even as auto sales nationwide are maintaining a positive trend, a handful of new vehicles are experiencing much slower rates of sale. Data including Market Day Supply determine the theoretical number of days it would take to clear existing inventory based on current daily sales so auto dealers and manufacturers can more easily pinpoint surfeit […]
10 Vehicle Models Facing Price Drops and Market Adjustments This Year
We’re witnessing quite a change in the auto market as dealership inventory continues to climb all across the nation. This comes after years of restricted inventory, high prices and wait times for cars. The factors that have allowed inventory levels to rise are better supply chains and factory production rates and higher borrowing rates, which […]
EV Sales Hit a Roadblock at American Car Dealerships
The car market is experiencing a time which is thrilling and uncomfortable simultaneously. On paper the figures tell a very strong narrative, that is electric cars have passed a significant milestone and in one year more than a million cars have been sold in the United States. Such growth is normally an indication of a […]