After '22 low sales, '23 rebound uncertain
Forecasters expect modest growth in 2023 as economic headwinds like rising interest rates and sky-high transaction prices freeze some buyers out of the market.
Forecasters expect modest growth in 2023 as economic headwinds like rising interest rates and sky-high transaction prices freeze some buyers out of the market.
Faulkner Subaru Harrisburg in Pennsylvania launched its boost committee in 2020 to foster brainstorming sessions where employees come up with ideas to improve dealership operations.
U.S. Energy Secretary Jennifer Granholm said she thinks there is a sense of understanding from industry and consumer groups “about what the credits will entail and what will be eligible.”
Illinois Automobile Dealers Association chief Joe McMahon told that dealers will appeal a court decision that favors the EV makers.
While the industry faces hurdles, including global economic headwinds, rising borrowing rates, mergers, bankruptcies and shutdowns, it remains one of the main features at the sprawling CES technology show.