In six past oil supply shock episodes, auto sales dropped by more than 10% of average sales. Three times, they dropped by 40% or more.
Posts tagged as “car sales”
Supply chain issues, record-high vehicle prices, and personnel disruption in the wake of the pandemic were problematic.
Sales to fleet customers accounted for roughly 17% of April sales; average monthly payment in April 2024 will likely be $724.
Florida dealership group is accused of violating the False Claims Act by providing false information in support of a Paycheck Protection Program.
Chevrolet takes top two truck spots with Ford taking five spots in the top 10; Fiat is the most budget-friendly SUV to insure with Honda having three in the top 10.
The National Automobile Dealers Association elected Geoffrey Pohanka as its 2023 chairman; Tacoma, Wash., dealer elected vice chairman.
Dealership will pay more than $3.3 million to settle the FTC’s lawsuit, which will be used to refund consumers harmed by Passport’s conduct and discrimination.
