Kevin Kutschinski’s Post

Shifting economic conditions are changing the auto retail landscape. I have the latest insights on how dealers can turn uncertainty into opportunity. bit.ly/3WfRqB1

Shifting economic conditions are changing the auto retail landscape. I have the latest insights on how dealers can turn uncertainty into opportunity. bit.ly/3WfRqB1

Shifting economic conditions are changing the auto retail landscape. I have the latest insights on how dealers can turn uncertainty into opportunity. bit.ly/3WfRqB1

Shifting economic conditions are changing the auto retail landscape. I have the latest insights on how dealers can turn uncertainty into opportunity. bit.ly/3WfRqB1

Shifting economic conditions are changing the auto retail landscape. I have the latest insights on how dealers can turn uncertainty into opportunity. bit.ly/3WfRqB1

Shifting economic conditions are changing the auto retail landscape. I have the latest insights on how dealers can turn uncertainty into opportunity. #automotivenews #automotive #automotiveindustry

Hello Friends, Welcome to A Rising Tide and Black Book Insights 1.17.23. We discuss the following: 1. Are you prepared for a subprime/near-prime boom? 2. What is the average new and used car payment for 2023? 3. What is the average middle-class income in the U.S.? 4. What is the optimal payment for the average middle-class income? 5. How many late-model cars that fit that optimal payment are available? 6. How many Franchised dealers are in the US? 7. How many late models, low mileage vehicles per franchise dealer? 8. How long will it take to reach pre-pandemic late-model used vehicle levels? 9. How long have we had near-record lows of subprime finance penetrations? 10. What percent of consumers want to do business with lenders/dealers using alternative data and behavioral statistics? 11. Accelerated Wholesale Depreciation year 12. Retail Pricing is not depreciating at the same pace as wholesale 13. Will used Vehicle Retail Prices increase? Visit me at Black Book Booth 3933W at NADA 2024.

OEMs and Lenders are reacting to market dynamics with incentives and rate changes. Ensure your dealer sales team is current on the daily changes that impact affordability. Schedule a demo today at sales@Carmatic.com #CarmaticDifference #DealershipInnovation #CustomerSatisfaction

🏁 Key points from this months Automotive Market Minute: -How excited are consumers to purchase a vehicle? Why? We'll tell you! -Sales are stable year over year but profits... They're not. -Raise your prices on parts and billable hours. Do it now, says Chief Economist James Sivco. -People are deferring their "trade-in and trade-up" housing decision due to interest rates. Hopefully this means they will spend that money on a new vehicle. -The CDK debacle slowed sales in June, so what will happen in July? The automotive market is getting more and more interesting and so is the Market Minute. 👉 Go check it out on the Fountain Forward YouTube Channel! Get your popcorn ready! 🍿

How will the 2024 market's constant sway shape dealer's buy-sell strategy? As we step into a new era of change in the automotive industry, the shifts of the past year prompt a crucial question for dealers eyeing potential buy-sell opportunities. Read the full article by John Chisholm, V.P. of Sales, Canada here: https://lnkd.in/gDf8Jf_R   #AutomotiveIndustry #BusinessStrategy #BuySellOpportunities #MarketTrends