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4 Convention Take-Aways from NADA 2013
2013-02-22 15:35:43| AutomotiveDigest.com - Automotive Industry News
Like many dealers, I felt a mixture of exhilaration and exhaustion as the time came to focus on the return trip home from the NADA Convention in Orlando. Here are four top take-aways from convention conversations, meetings and workshops: Softer Used Vehicle Values: As regular readers know, I prefer to leave market forecasts to the experts. However, I had a few conversations with dealers that gave me pause. In most cases, dealers were pleased with Januarys strong month and they were looking ahead to a stronger spring selling season. But a few dealers were reading between the lines of industry reports that note a slight softening of used vehicle values as wholesale supplies increase. The key factor: Will consumer demand rise at the same rate as supplies increase? Ill be watching for clues to answer this question, which is particularly important as dealers typically bulk up used vehicle inventories heading into spring and summer. Dale Pollak, president and founder of vAuto, Inc., always has a great time visiting with dealers at NADA conventions. Keep on reading to take advantage of his wonderful insight into the convention and what it delivered to attendees.The Article 4 Convention Take-Aways from NADA 2013 appeared first on Automotive Digest.
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Category:Automotive