Are automotive vendors true partners or just expense lines?
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🚨 SIGNAL: CarMax cut used-vehicle gross by $207/unit to defend volume
CarMax said pricing actions helped improve the sales trend even as retail used units dipped. Wholesale units still rose, so auction lanes may get more supply as retailers lean into turn.
Dealers should be ready for retail price compression to show up in your market comps and watch appraisal discipline if wholesale prices soften.
#AutoRetail #CarDealers #AutomotiveIndustry #EconSignal #DealerIntel
Join us tomorrow as we discuss D.E.I the good the bad and the ugly!
Is your organization creating pathways or problems?
Tomorrow we dive deep at 8am to find out what needs to happen to be better! https://t.co/NHhx8zcsYq
What’s the 1 word that you will be holding firm to in 2023?
What is that word and what does it mean to you?
Come join the discussion on clubhouse!
7:50am est / 4:50am pst https://t.co/glk6Ky7RJe
What’s the 1 word that you will be holding firm to in 2023?
What is that word and what does it mean to you?
Come join the discussion on clubhouse!
7:50am est / 4:50am pst https://t.co/UIEfmnfXyE
I'm discussing “🚔Influencer or Imposter 👀 Auto Think Tank 🚘” with Mabel Peralta, @bbenstock, Brook Phillips, Patrick Abad, Roy “Wolf” Davila, Ron Marvo, Paul Savner, @ArvinPoole, and Kim Garner. Tomorrow, Dec 15 at 7:45 AM PST in @clubhouse. Join us! https://t.co/KnXxgwLcTO