By on April 13, 2017

dealership

Every industry analyst is beginning to sing the same tune. Despite things looking good now, the worm is about to turn. Global sales look poised to remain strong this year but the market has peaked and sales should persist on a graph as a flat line. Next year could be a different story, however, and there’s much apprehension surrounding lengthening loan terms and the upsurge of subprime lessees.

Rising incentives are also causing alarm; J.D. Power and Associates expects the average incentive per new unit to top $4,000 in 2017. While that tactic may get people into dealerships now, it might also harm long-term profitability as the automotive industry swings toward leaner times.   (Read More…)

Recent Comments

  • ToolGuy: Serious comment: These guys are becoming masters of doing more with less. People love this stuff. Jackass...
  • ObviouslyCarGuru: Boy, a whole bunch of you poor babies heads are gonna explode when country hating politicians are...
  • stuki: Subpar infrastructure has always been a problem in third world countries.
  • SCE to AUX: “Anyone with a Tesla who cheers when the Blue Angels do a fly-by at a sports game should have to...
  • Hydromatic: Iraq proved the U.S. can knock around small armies with almost laughable ease, but chokes when faced with...

New Car Research

Get a Free Dealer Quote

Staff

  • Contributors

  • Timothy Cain, Canada
  • Matthew Guy, Canada
  • Ronnie Schreiber, United States
  • Bozi Tatarevic, United States
  • Chris Tonn, United States
  • Corey Lewis, United States
  • Mark Baruth, United States
  • Moderators

  • Adam Tonge, United States
  • Corey Lewis, United States