Transparent insights into the car market. Featured in Apple News and NY Post. Host @CDG_Podcast | Jobs https://t.co/TvUrG7DI0Z | DM submissionsdealershipguy.com Free car market insights ➔Joined December 2021
”Do dealers and auto makers still need each other?”
I asked the Chair of the Hyundai Dealer Council… point blank.
Andrew Wright, Managing Partner of VINart Dealerships, answers in <50 seconds:
Say it with me: incentives drive behavior.
Biggest concern I hear from Stellantis dealers (Chrysler, Dodge, Jeep, Ram, etc):
Incentives are out of whack -- in a big way.
The automaker has abruptly stopped paying some of its dealers for positive customer surveys and is instead…
If you told me 2 years ago that I'd be a part-time automotive recruiter...
I would have laughed you out the door.
Yet here we are now.
Some great opportunities posted on my Automotive job board this week:
• Tom Whiteside CDJR is hiring a Sales Associate –…
Fascinating chart tracking EV adoption across the US market:
- Full electric vehicle sales have plateaued
- Hybrids accelerating in market share – helping bridge the gap to full electric.
- Americans have bought a lot of EVs over the past 6 years
Predictions on what this will…
Auto insurance premiums are at all-time highs.
BUT my bet is that they will rise even further.
It's not rocket science—It's data:
Today, a record 14% of drivers do not have car insurance.
Un-frickin-insured.
Craziest part? That number is up nearly 30% since 2019 (!)
But…
Average auto loan rates are up (again) 📈
New car loan rate: 9.74%
Used car loan rate: 14.12% (unchanged)
That was a short tax refund season...
Article source: news.dealershipguy.com/p/april-auto-s… (APR data via Cox Automotive)
So I recorded a podcast with the CEO of Del Grande Dealer Group.
(You probably recognize their logo if you live in SF)
Anyway, my biggest takeaway is that this is not a car dealership... It's 100% a tech company that just happens to sell cars.
They have vertically integrated…
Will A.I. kill jobs in the car business – or will it help them?
Jeremy Beaver, CEO of Del Grande Dealer Group, makes the case why this technology is better for everyone:
Can Leasing Save The Car Business?:
• Negative equity crushing new car sales
• $25,000 Teslas
• R.I.P brand loyalty and much more!
Watch the 2nd episode of The Car Dealership Guy Market Update—Brought to you by Edmunds:
The Top 10 most In-demand used cars by dealers:
(Based on # of offers on The Lasso)
1. Chevy Silverado
2. Ford F-150
3. Tesla Model 3
4. Honda CR-V
5. Honda Accord
6. Dodge Challenger
7. Ford Mustang
8. Toyota Tacoma
9. Toyota Rav4
10. Honda Civic
And the Bottom 5 — in no…
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