Welcome to the second episode of The Car Dealership Guy Market Update—Brought to you by Edmunds.
This new segment is a monthly discussion with automotive industry experts and dealers about where our car market is today -- and where it may headed.
From insider-only dealership insights to macroeconomic trends, my goal is to make you smarter and more informed about the state of our car market in less than an hour.
Let's get into it!
This episode of the Car Dealership Guy Podcast is brought to you by:
Edmunds - Premier is a solution from Edmunds that connects you with in-market shoppers when, where, and how they want to connect. New customers get half off for 90 days when you sign up at https://dealers.edmunds.com/cdg
Car Dealership Guy Industry Job Board - Connecting world-class talent with top-notch companies in Automotive. Find your next role—or start hiring today—at https://jobs.dealershipguy.com/jobs
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Topics:
00:00:00 - Intro
00:01:42 - Q1 Performance reports
00:05:40 - The health of the new vehicle market
00:09:39 - What brands are winning right now?
00:14:22 - The state of affordability in sub-compact cars and pick-up trucks
00:18:49 - Combating the affordability crisis
00:22:33 - Negative equity
00:28:09 - Interest rates
00:31:46 - Used car profitability
00:37:54 - EVs
00:47:00 - Expectations for Q2
Check out Edmunds here and get 50% off for 90 days as a new customer: https://edmu.in/3Uf4NPb
Check out the website for more (https://dealershipguy.com) and follow me on X @GuyDealership! (https://x.com/guydealership)
This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.