Showing posts with label Used cars. Show all posts
Showing posts with label Used cars. Show all posts

Friday, May 16, 2025

'Auto Trends' First State Of The Minority Car Dealer: Trump's 25% Tariffs, DEI, EVs And More (Two Shows)


Ethnic minority new cars dealers own 1,574 of today's 16,957 dealerships in the United States, according to the latest stats provided by National Automobile Dealer Association (NADA) and the National Association of Minority Automobile Dealers (NAMAD). Thus, this number equates to 9 percent of today's new car dealerships being owned by ethnic minority dealers. 

Ironically, ethnic minority consumers drive 33 percent of today's new car sales, according to S&P Global Mobility's Marc Bland, a specialist in multicultural car sales. Out of the approximately 16 million new vehicles sold in the United States in 2024 through new car dealers, ethnic minority car buyers accounted for 5.3 million of those new vehicle sales.

Friday, May 2, 2025

'Auto Trends' Talks To S&P Global Mobility's Marc Bland About The Current Used Car Buying Habits Of Ethnic And Non Ethnic Consumers

Marc Bland 

Marc Bland, S & P Global Mobility's head of new business development and growth audiences, joins Auto Trends with JeffCars.com, the only syndicated multicultural automotive program in North America, to analyze the used car-buying trends of ethnic and non ethnic car buyers by makes and models.

In light of the current tariffs and as consumers lean toward buying used vehicles, this insightful conversation will give car buyers context as to what's hot and possibly what to steer clear of if saving dollars is top of mind. Listeners will also gain insights as to how car-buying buying habits differ by ethnicity and the importance of diversification for both dealers and automakers in terms of vehicles they stock. 

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Friday, April 11, 2025

SiriusXM's 'Auto Trends' Talks Trumps 25% New Car Tariffs, 1st Quarter Sales & More with Two Auto Analysts (Two Shows)

 

Steve Fiorani, the vice president of AutoForecast Solutions, and Kevin Tynan, the director of research for The Presidio Group, joins Auto Trends with JeffCars.com, a syndicated multicultural automotive program, to analyze first quarter sales and what it means to consumers and the industry.

Thursday, November 21, 2024

Consumer Reports Talks To 'Auto Trends' About Their First Used Car Brand Study

Consumer Reports' Connecticut test track (Photo Credit: CR)

With the average transaction price of a new-vehicle hovering around $48,000, buying used is the best option for many of today's car buyers seeking an affordable alternative. Also, in the history of analyzing car prices, this is first time there has been a $20,000 gap between both the average new and used car pricing.

Alex Knizeck, Consumer Reports' associate director of auto test development joins Auto Trends with JeffCars.com, the longest running weekly syndicated multicultural automotive program in North America, for an engaging one-on-one conversation. 

Friday, November 15, 2024

Auto Analyst Kevin Tynan Talks To 'Auto Trends' About Car Sales, Prices And More

 

Kevin Tynan, the Presidio Group's director of research, joins Auto Trends with JeffCars.com to analyze both the new and the used car markets, sharing what consumers are paying. 

Tynan will also discuss why for the first time there is a whopping $20,000 spread between the pricing of new and used vehicles. 

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Friday, May 17, 2024

Experian Automotive Talks to 'Auto Trends' About the State of Car Financing

Melinda Zabrintski, who is the head of automotive financial insights for Experian Automotive, talks car payments and more. (Photo Credit: EA)

Over the past two years, the Federal Reserve has raised interest rates have 11 times. 

Melinda Zabrintski, who is the head of automotive financial insights for Experian Automotive, joins Auto Trends with JeffCars.com, the only multicultural syndicated automotive program in North America, to talk about the effect the rates have had on consumers financing and leasing new and used vehicles. 

Experian Automotive is a division of Experian credit, one of the leading credit bureaus in the U.S.

Moreover, Zabrintski touches on where consumers are getting their financing from.