CHICAGO (June 13, 2024) — Cars.com Inc. (NYSE: CARS) (d/b/a “Cars Commerce Inc.”), an audience-driven technology company empowering the automotive industry, today launched its May Industry Insights ...
It’s becoming more critical for dealers to pay close attention to the average cost of their used vehicle inventory. I say this for three reasons: First, today’s market can lead dealers to believe that ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Dealer inventory for new Chevy vehicles was just below the U.S. auto industry average last month. According to new data reported by Cox Automotive, Chevy dealers reported a 70-day supply of vehicles, ...
After years of production challenges that made finding the right vehicle difficult, if not impossible, several signs indicate that the inventory shortage is easing up. According to J.D. Power’s April ...
Learn about backorder costs, their impact on inventory management, and strategies for managing delays. See how to optimize business operations and customer satisfaction.
GMC dealer inventory levels were slightly above the U.S. industry average last month, posting a modest month-to-month increase and more substantial increase year-over-year. Across the broader U.S.
Inventory turnover is an indicator of a company’s revenue efficiency. It is the ratio defining how many times the inventory was sold and replaced in a given period of time. The inventory turnover ...
Cattle prices have come a long way in the first half of 2023. In fact, the weighted average market price for a steer this July is 27% higher than it was in July 2022. Drought and high input costs have ...
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