The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
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Digital Shift In Retail Vehicle Sales Arriving Shortly - Embrace-It Or Get Deleted


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Washington DC May 17, 2020; The AIADA reported that as car sales are inching forward, We are all in for a Digital Shift according to Bloomberg.

Though new-vehicle sales are down 47% year-over-year, and rental, commercial, and government fleet purchases have fallen 70% over the same period, too, the auto industry has enjoyed small amount of good news.

Average incentive spending reached $4,296 per vehicle in April, according to Cox Automotive, up 7% from March and up 26% year-over-year.

Sales of classic cars are booming. Factories across Europe and the U.S. have begun to reopen. So have dealerships, though they are reeling from the loss of 265,000 jobs, according to Cox Automotive.

The Chinese Virus outbreak has significantly changed how we think about—and shop for—the cars in our lives. While some changes are temporary, others are most likely permanent, READ MORE HERE.

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