Car Dealership Guy
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More free insights: dealershipguy.com
More free insights: dealershipguy.com
[NEWS] Wholesale car prices rose by 0.2% year-over-year in November:
By segment (MoM):
— Midsize cars: +0.9%
— SUVs: +1.5%
— Pickups: +0.6%
— Luxury vehicles: +1.7%
Read today’s top automotive stories, presented by Tax Max: carguymedia.com/4g3aKIF
(Data source: Manheim Used Vehicle Index)
By segment (MoM):
— Midsize cars: +0.9%
— SUVs: +1.5%
— Pickups: +0.6%
— Luxury vehicles: +1.7%
Read today’s top automotive stories, presented by Tax Max: carguymedia.com/4g3aKIF
(Data source: Manheim Used Vehicle Index)
Wholesale used car prices up year-over-year in Nov.
Used car prices, in general, have dropped sharply over the past two years, but the decline has slowed down in the second half of this year. (2 min. read)
carguymedia.com
December 9, 2024 at 3:05 PM
[NEWS] Wholesale car prices rose by 0.2% year-over-year in November:
By segment (MoM):
— Midsize cars: +0.9%
— SUVs: +1.5%
— Pickups: +0.6%
— Luxury vehicles: +1.7%
Read today’s top automotive stories, presented by Tax Max: carguymedia.com/4g3aKIF
(Data source: Manheim Used Vehicle Index)
By segment (MoM):
— Midsize cars: +0.9%
— SUVs: +1.5%
— Pickups: +0.6%
— Luxury vehicles: +1.7%
Read today’s top automotive stories, presented by Tax Max: carguymedia.com/4g3aKIF
(Data source: Manheim Used Vehicle Index)
“Babe, wake up, Car Dealership Guy just launched the automotive version of Robinhood Snacks” podcast.dealershipguy.com/the-weekly-1...
The leasing boom continues, hybrids hit their stride, new universal EV charging framework | The Weekly
Welcome to The Weekly, your go-to roundup of the top five auto industry headlines of the week. This week's top stories: 1. Leasing continued to rise in Q3 strengthe…
podcast.dealershipguy.com
December 7, 2024 at 2:59 PM
“Babe, wake up, Car Dealership Guy just launched the automotive version of Robinhood Snacks” podcast.dealershipguy.com/the-weekly-1...
The automaker that rhymes with "Monday" is reportedly firing management all across the country. Unclear why.
December 6, 2024 at 8:12 PM
The automaker that rhymes with "Monday" is reportedly firing management all across the country. Unclear why.
Bitcoin just hit $100,000.
I’m in the wrong business.
I’m in the wrong business.
December 5, 2024 at 2:40 AM
Bitcoin just hit $100,000.
I’m in the wrong business.
I’m in the wrong business.
BREAKING — Elon Musk’s record $56B Tesla pay package rejected *again* by judge.
This comes just months after Elon received approval for the package from shareholders.
I thought this saga was over?
This comes just months after Elon received approval for the package from shareholders.
I thought this saga was over?
December 2, 2024 at 10:07 PM
BREAKING — Elon Musk’s record $56B Tesla pay package rejected *again* by judge.
This comes just months after Elon received approval for the package from shareholders.
I thought this saga was over?
This comes just months after Elon received approval for the package from shareholders.
I thought this saga was over?
LEAKED images of Jaguar on WeChat China.
Lots of hype for a… concept car? 🤨
Lots of hype for a… concept car? 🤨
December 2, 2024 at 12:58 PM
LEAKED images of Jaguar on WeChat China.
Lots of hype for a… concept car? 🤨
Lots of hype for a… concept car? 🤨
Over the past 5 days:
CEO Stellantis: ❌
CFO Nissan: ❌
And this is likely just the start of major leadership changes at struggling automakers.
As the saying goes, you only find out who’s swimming naked when the tide goes out—and 2021-2022 was one massive tide.
CEO Stellantis: ❌
CFO Nissan: ❌
And this is likely just the start of major leadership changes at struggling automakers.
As the saying goes, you only find out who’s swimming naked when the tide goes out—and 2021-2022 was one massive tide.
December 2, 2024 at 3:32 AM
Over the past 5 days:
CEO Stellantis: ❌
CFO Nissan: ❌
And this is likely just the start of major leadership changes at struggling automakers.
As the saying goes, you only find out who’s swimming naked when the tide goes out—and 2021-2022 was one massive tide.
CEO Stellantis: ❌
CFO Nissan: ❌
And this is likely just the start of major leadership changes at struggling automakers.
As the saying goes, you only find out who’s swimming naked when the tide goes out—and 2021-2022 was one massive tide.
Cold hard truth:
If not for local franchisees, some of these automakers would have disappeared long ago.
Having a distribution network deeply embedded in local communities is one hell of a shock absorber.
If not for local franchisees, some of these automakers would have disappeared long ago.
Having a distribution network deeply embedded in local communities is one hell of a shock absorber.
December 1, 2024 at 10:45 PM
Cold hard truth:
If not for local franchisees, some of these automakers would have disappeared long ago.
Having a distribution network deeply embedded in local communities is one hell of a shock absorber.
If not for local franchisees, some of these automakers would have disappeared long ago.
Having a distribution network deeply embedded in local communities is one hell of a shock absorber.
BREAKING: Carlos Tavares officially steps downs as Stellantis CEO.
- Board accepts resignation, effective immediately
- Interim Executive Committee to be chaired by John Elkann
- New CEO to be appointed by mid-2025
Tough time for many automakers right now.
- Board accepts resignation, effective immediately
- Interim Executive Committee to be chaired by John Elkann
- New CEO to be appointed by mid-2025
Tough time for many automakers right now.
December 1, 2024 at 10:44 PM
BREAKING: Carlos Tavares officially steps downs as Stellantis CEO.
- Board accepts resignation, effective immediately
- Interim Executive Committee to be chaired by John Elkann
- New CEO to be appointed by mid-2025
Tough time for many automakers right now.
- Board accepts resignation, effective immediately
- Interim Executive Committee to be chaired by John Elkann
- New CEO to be appointed by mid-2025
Tough time for many automakers right now.
Ford is facing a massive inventory challenge:
Of over 200,000 trucks on dealer lots today, just under 1,000 are 2025 models.
Meanwhile, 5,063 of those trucks are still “new” 2023s — a somewhat troubling sign for the automaker this late in the year...
Of over 200,000 trucks on dealer lots today, just under 1,000 are 2025 models.
Meanwhile, 5,063 of those trucks are still “new” 2023s — a somewhat troubling sign for the automaker this late in the year...
November 20, 2024 at 8:46 PM
Ford is facing a massive inventory challenge:
Of over 200,000 trucks on dealer lots today, just under 1,000 are 2025 models.
Meanwhile, 5,063 of those trucks are still “new” 2023s — a somewhat troubling sign for the automaker this late in the year...
Of over 200,000 trucks on dealer lots today, just under 1,000 are 2025 models.
Meanwhile, 5,063 of those trucks are still “new” 2023s — a somewhat troubling sign for the automaker this late in the year...
Jaguar launched its rebrand this morning. thoughts?
November 19, 2024 at 2:34 PM
Jaguar launched its rebrand this morning. thoughts?
If you could ask Toyota’s top execs anything, what would it be?
This week, I’m sitting down with Jack Hollis, EVP of Toyota North America, and his team for a live panel in LA.
Drop your sharpest, most thought-provoking questions below—let’s make it count.
This week, I’m sitting down with Jack Hollis, EVP of Toyota North America, and his team for a live panel in LA.
Drop your sharpest, most thought-provoking questions below—let’s make it count.
November 18, 2024 at 3:06 PM
If you could ask Toyota’s top execs anything, what would it be?
This week, I’m sitting down with Jack Hollis, EVP of Toyota North America, and his team for a live panel in LA.
Drop your sharpest, most thought-provoking questions below—let’s make it count.
This week, I’m sitting down with Jack Hollis, EVP of Toyota North America, and his team for a live panel in LA.
Drop your sharpest, most thought-provoking questions below—let’s make it count.
New car inventory just passed 3M for the first time since the pandemic:
A 29% YoY increase... which brought the avg. market day's supply to 85 days.
The biggest driver?
Some automakers and dealers are trying to balance lingering 2023/2024 models with a rush of 2025s.
A 29% YoY increase... which brought the avg. market day's supply to 85 days.
The biggest driver?
Some automakers and dealers are trying to balance lingering 2023/2024 models with a rush of 2025s.
November 15, 2024 at 3:00 PM
New car inventory just passed 3M for the first time since the pandemic:
A 29% YoY increase... which brought the avg. market day's supply to 85 days.
The biggest driver?
Some automakers and dealers are trying to balance lingering 2023/2024 models with a rush of 2025s.
A 29% YoY increase... which brought the avg. market day's supply to 85 days.
The biggest driver?
Some automakers and dealers are trying to balance lingering 2023/2024 models with a rush of 2025s.
EV tax credit going bye-bye is a big deal
Now, question is when
Now, question is when
November 14, 2024 at 8:02 PM
EV tax credit going bye-bye is a big deal
Now, question is when
Now, question is when
I wonder if this site will actually take off 🤔
November 14, 2024 at 7:37 PM
I wonder if this site will actually take off 🤔
EV depreciation is still eating Hertz alive:
Yesterday, the rental giant reported that monthly per-vehicle depreciation was $537 as of Q3 — 89% higher than a year ago — and more than double 2021 levels.
The primary reason?
Yesterday, the rental giant reported that monthly per-vehicle depreciation was $537 as of Q3 — 89% higher than a year ago — and more than double 2021 levels.
The primary reason?
November 14, 2024 at 7:34 PM
EV depreciation is still eating Hertz alive:
Yesterday, the rental giant reported that monthly per-vehicle depreciation was $537 as of Q3 — 89% higher than a year ago — and more than double 2021 levels.
The primary reason?
Yesterday, the rental giant reported that monthly per-vehicle depreciation was $537 as of Q3 — 89% higher than a year ago — and more than double 2021 levels.
The primary reason?
Top 5 brands with the HIGHEST days' supply of new inventory:
Jaguar: 195 (!)
Volvo: 192 (!)
Lincoln: 186
MINI: 183
Ram: 179
Metal needs to be moved.
(Data source: CarEdge)
Jaguar: 195 (!)
Volvo: 192 (!)
Lincoln: 186
MINI: 183
Ram: 179
Metal needs to be moved.
(Data source: CarEdge)
November 14, 2024 at 2:36 PM
Top 5 brands with the HIGHEST days' supply of new inventory:
Jaguar: 195 (!)
Volvo: 192 (!)
Lincoln: 186
MINI: 183
Ram: 179
Metal needs to be moved.
(Data source: CarEdge)
Jaguar: 195 (!)
Volvo: 192 (!)
Lincoln: 186
MINI: 183
Ram: 179
Metal needs to be moved.
(Data source: CarEdge)