The company retailed a total of 240,950 used vehicles in the quarter ending May 31, down 11 percent from the same time last year. Comparable store used-vehicle sales also fell 12.7 percent.
CDK said 81 percent of Gen Z members said their biggest priority when purchasing a car was taking their time and exploring all of their options.
Honda will reveal eleventh-generation Accord near end of year, likely as a 2024 model. Styling appears to align more closely with the eleventh-generation Civic that debuted for 2022 model year.
China’s chip industry is growing faster than anywhere else in the world after U.S. sanctions on local companies spurred appetite for home-grown components.
The plug-and-charge service allows drivers to automatically charge their vehicles, rather than rely on a mobile app to set up and pay for charging.