Automotive Dealer's Weekly Update 5/26/23

The Automotive Advisor Team

Despite the softening in the overall economy, the automotive market is proving resilient in both new and used car sales and pricing. The softness is certainly impacting remarketing values allowing margins to stay somewhat stable. What's most important in a time like this is acquiring the right quantity and type of inventory based on your market demand and brand/segment desirability.

We'll take a look at some of that this week from The Automotive Advisor Team in their report using insights for guidance. Reach out directly for a discussion as we navigate the next couple of years of the Great Auto-Market Rebalancing.