To help identify potential winners, Lithia relies on a store performance scorecard, a three-page summary that breaks down components of the dealership’s business and reveals trends. Measurements include sales efficiency and service effectiveness,
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The Chinese used light vehicle market has expanded for five straight months, with June volume rising 7.9 percent year on year to approach 1.23 million. Demand for secondhand sedans drove the growth, according
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This is Bloomberg Opinion Today, the certified pre-owned roundup of Bloomberg Opinion’s opinions. Sign up here . The used car business tends to evoke images of dodgy salesmen in goofy plaid sports coats,
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Thanks to growing customer interest, premium-brand sales tallied 676,906 cars and light trucks in the second quarter, up 21 percent and outpacing the broader industry’s 17 percent increase. Texas-based Tesla, which last year
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The June CPI report showed a decline in used car prices, while prices for new cars stayed flat month-over-month. Yahoo Finance Senior Reporter Pras Subramanian breaks down the numbers. Video Transcript – Let’s
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WASHINGTON — After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — 3% in June compared with a year earlier
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Introduced in 2017, the Kia Niro splits the difference between a hatchback and a station wagon, offering consumers the best of both worlds. But storage space isn’t the only appeal of the Niro,
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Buying a vehicle at a dealership that offers in-house financing can be tricky. Usually it’s because the rates at which the dealer offers financing suck. But what happens if that dealer closes or
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Under the new deal, the groups said independent repair shops will continue to have access to the same diagnostic and repair information automakers make available to their authorized dealer networks even as technology
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Used auto prices are down for a third straight month, setting the expectation that the sector will contribute to further signs of easing in June’s Consumer Price Index print due on Wednesday. Wholesale
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