We are pleased to present below all posts archived in 'February, 2012'. If you still can't find what you are looking for, try using the search box.
We mentioned in this month’s edition of Guidelines that new vehicle inventory moved predictably higher last month, as overall days’ supply for the industry increased by 16 days to reach 67. We also pointed out that burgeoning domestic brand supply – particularly for large pickups – was the primary catalyst behind this growth.
A dramatic change in supply on a month-to-month basis isn’t necessarily something to be alarmed about because the numbers of units on the ground can be dictated by things like seasonal buying patterns and new model changeovers.
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There was a different feeling in the air at last week’s NADA convention in Las Vegas, something that hadn’t been felt in such a long time that it seemed almost foreign.
For the first time in years, optimism undeniably strode through the doors of the convention center on opening day and stayed until the last attendee had cleared out.
Everyone could sense it. From dealers heartened by January’s nearly four-year high in new vehicle sales, to exhibitors whose booth traffic and takeaway business was radically improved from the past few years.
There’s legiti ...
Seemingly half the company and I are getting ready to leave the unseasonably warm Washington DC area and fly off to Las Vegas to attend NADA’s annual convention & expo over the weekend.
From what I’ve been hearing, attendance is way up from years’ past both in terms of the dealer body and exhibitors, which when combined with the fact that it is Super Bowl weekend (in Las Vegas!) should make for a show full of energy and crisp ideas.
I’m really looking forward to spending more time our dealer body and sharing our thoughts on how we believe the used market will play out over ...