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Aftermarket Sales to Drop 8.8% This Year

Total U.S. automotive aftermarket sales are forecast to decrease 8.8% in 2020 as a result of the impact of the COVID-19 pandemic and related factors.

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Expert Advice for F&I During COVID-19

The automotive industry has seen an unprecedented loss in sales over the past few months and F&I departments are facing serious challenges amidst these losses. We spoke with five leaders in F&I training, and they shared their thoughts, advice, and predictions on what to do today to help prepare for tomorrow.

How Are Consumers Shopping for Cars?

Understanding the differences in target audiences, their feelings about brand, loyalty, preferences, and shopping habits is vital for success.

Digital Air Strike Selected for Facebook Marketplace Beta Test and Case Study, Helping to Increase Consumer Sales During COVID-19

Facebook showcases Digital Air Strike’s impressive results leveraging Dynamic Click to Marketplace Advertising.

NADA – April 2020 SAAR Falls to 8.6 Million Units

The April SAAR represents a drop of 47.6% compared to April 2019. Yet many industry watchers believe auto sales have bottomed out and are showing signs of recovery.

New Vehicle Sales Continue Downward Slide in April, Edmunds Forecasts

Analysts say April will be the worst auto sales month in at least 30 years due to the coronavirus pandemic.

IHS Markit Trims 2020 Global Light Vehicle Sales, Production Forecasts

According the new analysis, global light vehicle sales are now forecast to be 69.6 million units this year in the wake of the pandemic.

Used Car Values Expected to Decline Due to the Coronavirus Crisis

Although used vehicle prices have risen steadily in recent years due to a deluge of off-lease, option-rich SUVs, and trucks hitting used lots, experts say this trend is set to hit a turning point, according to new research from Edmunds.

New Vehicle Sales Drop in March to Close a Down First Quarter in 2020

Analysts forecast a SAAR of 11.9 million in March due to market disruptions caused by the COVID-19 crisis.

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NADA: U.S. New Vehicle Sales Up 1.9% Year-Over-Year

New light-vehicle sales in February were strong, with a SAAR of 16.83 million units for the month—an increase of 1.9% compared to February 2019. Raw sales volume topped 1.3 million units, an increase of 8.4% compared to February of last year.