Motown switches to festive gear with new models
Sluggish sales and high dealer inventory have not stopped carmakers from gearing up for a major product offensive in the upcoming festival season. As many as 20 new passenger vehicle …
Inventory
Home sales fell to historic lows while prices hit record highs in May
(NewsNation) — U.S. home sales in May dropped to the third-lowest level in a decade as homebuyers continue to face elevated mortgage rates, record-high prices and low inventory. Last month, …
Car dealers feel the load as sales slow, inventory piles up
Mumbai: Passenger vehicle makers have approached auto financiers requesting them to extend the credit cycle for dealers to 90 days from 60 at present, indicating the pressure building up in …
Vehicle registrations rise by a modest 3 per cent in May
Vehicle registrations – a proxy for retail sales – went up by a modest three percent to 2.09 million units last month with consumers delaying purchases due to election-related uncertainties …
car inventory: Car dealers may end up with 400K unit inventory
Carmakers expect to face a record stockpile of 400,000 vehicles worth ₹44,000 crore by this month-end as demand cools in India after a 3-year run of scorching sales. With car …
Fisker Lost Millions In Customer Payments And Had To Do An Internal Audit: Report
Fisker is in a state of disarray right now. The company continues to inch closer to bankruptcy, and the only car it sells right now, the Ocean EV, just had …
auto retail: Auto retail sales surge 9% in Aug
Vehicle registrations – a proxy for retail sales – rose 9% to 1,818,647 units last month on healthy customer demand in the run-up to the festive season. The Federation of …
5 Ways Retailers Can Unload Excess Inventory
Opinions expressed by Entrepreneur contributors are their own. The struggle is all too real when it comes to excess inventory in retail. Market volatility and unpredictable events make it difficult …