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June 2020 US Retail Auto Sales Surprisingly Good

June 2020 US Retail Auto Sales Surprisingly Good

Automakers laud U.S. consumer 'resilience' despite COVID-19 hit to sales 4 MIN READ Detroit July 1, 2020; Reuters journalists Nick Carey and Ben Klayman reported that major automakers posted lower U.S. monthly or quarterly new vehicle sales on Wednesday due in large part to weak fleet orders, but said consumer demand r ... Continue reading

Jerry Seiner Dealerships Acquires Henry Brown Chevrolet & Henry Brown Chrysler Dodge Jeep Ram in Casa Grande, AZ

Jerry Seiner Dealerships Acquires Henry Brown Chevrolet & Henry Brown Chrysler Dodge Jeep Ram in Casa Grande, AZ

The Jerry Seiner organization has purchased Henry Brown Chevrolet and Henry Brown Chrysler Dodge Jeep Ram in Casa Grande, AZ. This signals the introduction of the Jerry Seiner Dealerships brand in Arizona where the dealerships will re-brand to Jerry Seiner Chevrolet and Jerry Seiner Chrysler Dodge Jeep Ram. ... Continue reading

‘Ford Promise’ For Potential Car Buyers and Lessees

‘Ford Promise’ For Potential Car Buyers and Lessees

Ford an unsettled economy with a program that offers them the option to return the vehicle in case customers lose their jobs within the first year. ... Continue reading

Cox Automotive Forecast: Auto Sales to Drop 24.2% in First Half of 2020

Cox Automotive Forecast: Auto Sales to Drop 24.2% in First Half of 2020

According to a forecast released today by Cox Automotive, the seasonally adjusted annual rate (SAAR) of auto sales in June will finish at 12.6 million, down significantly from last year's 17.2 million pace, but up from May's 12.2 million level. Sales volume in June is expected to be down by 30% compared to last year. ... Continue reading

Keeping Car Clean Protects Vehicle Investment

Keeping Car Clean Protects Vehicle Investment

Keeping your vehicle clean inside and out can pay big dividends when it comes to maintaining its long-term value. The non-profit Car Care Council suggests some simple steps to keep your vehicle clean and protect it from the elements so it retains its resale and trade-in value. ... Continue reading

Nutson's Auto News Digest - Week Ending June 21, 2020

Nutson's Auto News Digest - Week Ending June 21, 2020

This Week's Auto News: Mahindra Does Too Look Like A Jeep; NHTSA Autonomous Vehicles Group; New Models Virtually Revealed; BP Devalues Reserves; New Bronco Reveal Moved To July 13; GM Happy Facing; SUV Walker Killer (Maybe Install Cow Catchers?); UK Green Perks; Lyft Wants You To Pay For EV Implementatioin; New AAA Car ... Continue reading

Used Vehicle Market in Full Recovery Say J.D. Power

Used Vehicle Market in Full Recovery Say J.D. Power

In the June 2020 Used Car and Light Truck Guidelines Plus Industry Update, analysts from J.D. Power Valuation Services reported that wholesale used vehicle activity steadily improved over the course of May as the market moved towards recovery of both sales volumes and prices. On an index basis, J.D. Power’s Used Vehi ... Continue reading

Nutsons Auto News Review - Week Ending June 13, 2020

Nutsons Auto News Review - Week Ending June 13, 2020

*It Happened Last Week:</b> Wuhan Virus STILL Affecting Our Auto Universe; New Model Reveals - Yes and No; 40% Less Traffic; Summer Road Trips Coming?; Lyft and Uber Drivers Ruled Employees (Buh-Bye?); EV Ubiquity-Naht Yet!; Tesla Delivers 11,000 3's in China (Big Whoopie); Over The Web Digital Signatures OK For Buying ... Continue reading

Bank of America "Car Wars" Study 2020-2023 Predictions

Bank of America "Car Wars" Study 2020-2023 Predictions

Every year, Bank of America Merrill Lynch Global Research publishes a study called ... Continue reading

Auto Insurance Websites Surpass Agents in Importance to Customer Interaction, J.D. Power Finds

Auto Insurance Websites Surpass Agents in Importance to Customer Interaction, J.D. Power Finds

J.D. Power 2020 U.S. Auto Insurance Study,SM released today, insurance company websites—for the first time in the study’s 21-year history—officially surpass agents in terms of importance to client interaction and service by providing higher customer satisfaction. ... Continue reading

U.S. Cities With the Biggest Drop in Used Car Prices June 9, 2020

U.S. Cities With the Biggest Drop in Used Car Prices June 9, 2020

Car dealerships are experiencing sharp declines in used car sales, as much of the country still remains under lockdown. ... Continue reading

Geely Sales Volume For May 2020

Geely Sales Volume For May 2020

2020 June 05, Hong Kong. Geely Automobile Holding Limited (Group) announced that the the total sales volume of the Group (including the sales volume of LYNK & CO-branded vehicles sold by the Group’s 50%-owned joint venture) for the month of May 2020 was 108,822 units, an increase of approximately 20% from the same pe ... Continue reading

Hyundai's Most Profitable Product, One Year After Launch

Hyundai's Most Profitable Product, One Year After Launch

As you will see in the table, the Kia Telluride and Hyundai Palisade quickly reached approximately the same level of sales after mid-2019. The two variants of “the same” underlying vehicle tracked each other within approximately 1,000 or so units per month - until May 2020. ... Continue reading

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