Auto brand loyalty decline stalled in first half of 2023, S&P Global Mobility says
Recovering new-car inventories helped curb decline in the industry’s brand loyalty rate in the first half of 2023, according to an analysis by S&P Global Mobility.
Recovering new-car inventories helped curb decline in the industry’s brand loyalty rate in the first half of 2023, according to an analysis by S&P Global Mobility.
About 80 percent of the dealer group’s customers are enrolled in the O’Brien Rewards program.
The used-car retailer said it shuttered its two remaining locations in California and ceased operations of its website.
Auto sales were up in September and the third quarter as results were buoyed by Labor Day weekend shopping, new-vehicle inventory and robust demand for light trucks and electrified vehicles.
The UAW said GM has agreed to put electric vehicle battery production under the terms of the national contract — a key priority that has so far tripped up talks with Ford.