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Car Market Did Something It Hasn't Done In 8 Months: Pay Attention This Friday
Tuesday, April 4, 2023 - 12:26pm | 494New car inventories have risen for the eighth consecutive month, which could indicate a shift in the auto market. This Friday, the Manheim Index — the premier indicator of pricing trends in the used vehicle market — will release the latest update of its Used Vehicle Value Index. This...
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How The Market Days' Supply Metric Can Help You Find A New Car For Less
Thursday, February 16, 2023 - 10:08am | 520Looking for a deal on a new vehicle? Pseudo anonymous Twitter handle @GuyDealership (CarDealershipGuy) piqued his roughly 317,000 Twitter followers to the “Market Days’ Supply” metric — a method that tracks the most available new vehicles on the market relative to demand,...
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GM Voids Warranties As In-Demand Vehicles Are Getting Resold By Dealers: Should Tesla Do The Same?
Wednesday, August 3, 2022 - 3:17pm | 514General Motors Company (NYSE: GM) has initiated a new program to help stop its hottest models from getting flipped for high prices, Fox Business reported. What Happened: Due to supply-chain issues causing supply to decrease, it has been very difficult for consumers to purchase in-demand cars...
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3 Reasons Why JPMorgan Is Now Bearish On TrueCar
Thursday, March 22, 2018 - 2:28pm | 403TrueCar Inc (NASDAQ: TRUE)'s stock has lost more than 10 percent since the start of 2018, but investors shouldn't consider the dip as a buying opportunity, according to JPMorgan. The Analyst JPMorgan's Doug Anmuth downgraded TrueCar's stock rating from Neutral to Underweight with...
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Auto Industry Shifting From New To Used? CarMax Consistently Outperforms During Car Stock Weakness
Monday, October 24, 2016 - 3:22pm | 396New car sales have no doubt been on a hot streak. Coming off a record year in 2015, and what looked to be shaping up as another historic industry, there are now threats that the trend has since reversed. A combination of higher cash incentives and 0 percent financing to entice consumers have cut...