Industry Focus Areas, Motorized Vehicle
July 16, 2020
Via: Automotive NewsPenske Automotive Group said its U.S. vehicle sales improved from May to June and the nation’s second-largest new-vehicle retailer expects to post a profit when second-quarter results are planned for release July 29. The retailer said Tuesday that it expects […]
Industry Focus Areas, Motorized Vehicle
June 16, 2020
Via: Automotive NewsUsed-vehicle sales for Sonic Automotive Inc. so far in June have been higher than a year ago for the retailer’s franchised and EchoPark locations. The rise in used-vehicle sales is part of a steady increase in overall operations since the […]
Industry Focus Areas, Motorized Vehicle
January 11, 2016
Via: Automotive NewsThe number of off-lease vehicles slated to hit the market this year is expected to grow by more than 20 percent, but used-vehicle prices will decline only modestly in 2016, predicts Tom Webb, Manheim chief economist. Efficient remarketing practices by […]
July 9, 2024
June 25, 2024