The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
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News By Topic: Financial Info (sales figures, financial reports, etc.)

Boost Your Post- Quid Pro Quo

Boost Your Post- Quid Pro Quo

Auto Central Louisville KY October 11, 2021; Kudos to your PR department. Your unpaid-for placed contextual Brand communications has been quantified to be as effective as the brand's big budget ubiquitous Paid-For TV Advertising in influencing Automotive Purchasers according to a report from Foresight Research. ... Continue reading

New-Vehicle Prices Continue to Tumble in August, Incentives Up Nearly 50% Year Over Year, according to Kelley Blue Book Estimates

New-Vehicle Prices Continue to Tumble in August, Incentives Up Nearly 50% Year Over Year, according to Kelley Blue Book Estimates

New-vehicle prices in August were lower year over year for the 11th straight month as price pressure continues to build. The average transaction price in August, at $47,870, was lower versus August 2023 by 1.7%, the largest year-over-year drop since January. ... Continue reading

Subaru Canada August 2024 Best SalesAugust Ever

Subaru Canada August 2024 Best SalesAugust Ever

Subaru Canada, Inc., (SCI) said goodbye to summer with a blistering 5,868 units sold, marking the best August ever for the brand. ... Continue reading

C A R Hot Topics

C A R Hot Topics

This week Alan discusses the pause on lithium investments, potential VW Germany plant closures, and the future of hydrogen. We would love to hear from you and welcome your questions anytime. ... Continue reading

Auto Dealership Buy/Sell Market Hits All-Time Record in First Half of 2024, Nearly Double Pre-Pandemic Average

Auto Dealership Buy/Sell Market Hits All-Time Record in First Half of 2024, Nearly Double Pre-Pandemic Average

INCLINE VILLAGE, Nev.--The auto dealership buy/sell market experienced an all-time record in the first half of 2024, with 204 completed dealership transactions representing 381 franchises sold, according to the just-released Second Quarter 2024 Blue Sky Report® by Kerrigan Advisors. At this rate, transaction activity ... Continue reading

TIE BREAKER: Serra Automotive Ranked First in 2024 Dealer Group Study for Providing Quick and Easy Service Appointments

TIE BREAKER: Serra Automotive Ranked First in 2024 Dealer Group Study for Providing Quick and Easy Service Appointments

Serra Automotive was ranked first out of 20 auto dealer groups in Pied Piper’s 2024 PSI® Service Telephone Effectiveness® (STE®) Study, which measured the efficiency and quality of service telephone calls from a customer’s objective of quickly and easily setting up a service appointment. Following Serra Automoti ... Continue reading

GEARWRENCH CRACKS THE CODE ON DIAGNOSTIC TOOLS

GEARWRENCH CRACKS THE CODE ON DIAGNOSTIC TOOLS

GEARWRENCH Three New Smart Diagnostic Tools put full diagnostics in the palm of technician's hands SPARKS, Md., Sept. 6, 2024 -- GEARWRENCH is launching three new diagnostic tools for auto mechanics that are breaking all the rules. ... Continue reading

The used car market is projected to grow by USD 857.1 billion from 2024-2028, driven by rising competition and new car models, with AI influencing market trends - Technavio

The used car market is projected to grow by USD 857.1 billion from 2024-2028, driven by rising competition and new car models, with AI influencing market trends - Technavio

NEW YORK, Sept. 6, 2024 -- Report on how AI is redefining market landscape- The global used car market size is estimated to grow by USD 857.1 billion from 2024-2028, according to Technavio. ... Continue reading

Nutson's Weekly Automotive News Wrap-up September 1-7, 2024

Nutson's Weekly Automotive News Wrap-up September 1-7, 2024

Larry's top story picks from this past week's important to you, relevant, semi-secret, or snappy automotive news, opinions and insider back stories ... Continue reading

U.S. Automobile Dealer Sentiment Stumbles in Q3 as Political Climate Heats Up

U.S. Automobile Dealer Sentiment Stumbles in Q3 as Political Climate Heats Up

U.S. automobile dealer sentiment declined in Q3 2024, reflecting growing concerns about the political climate, rising costs and economic uncertainty. The cost index reached a record high, indicating that dealerships are facing increasing operational expenses, which dampens profitability, particularly among independents ... Continue reading

With Multiple Measures, Dongfeng Motor Charm Blossoms in Italy

With Multiple Measures, Dongfeng Motor Charm Blossoms in Italy

On the eve of the release, VOYAH held its brand debut in Palazzo Serbelloni, an ancient building in Milan, where the luxury brand released its "royal venue". The event saw a gathering of celebrities, marking a milestone as the most high-profile appearance for a Chinese automotive brand going global. VOYAH's exhibition ... Continue reading

Mazda August 2024 US Sales

Mazda August 2024 US Sales

Second Best-Ever Month in U.S. Sales History IRVINE, Calif., Sept. 4, 2024 Mazda North American Operations (MNAO) today reported total August sales of 41,259 vehicles, an increase of 36.7 percent compared to August 2023. ... Continue reading

American Honda August 2024 Auto Sales Up 25%

American Honda August 2024 Auto Sales Up 25%

September 4, 2024 American Honda sales total 139,950 units in August, up 25% compared to last year, led by strong passenger car sales, best-ever August light truck sales and an all-time record sales month for electrified models. American Honda auto sales up 11% in 2024 - outpacing the industry and increasing market sha ... Continue reading

From the Cox Auto Industry Newsroom

From the Cox Auto Industry Newsroom

Welcome to From the Newsroom, a roundup of news from Cox Automotive and perspectives from its analysts and experts on topics dominating the automotive industry. With Labor Day behind us, initial August new-vehicle sales results, as expected, are showing healthy volume gains. ... Continue reading

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