Momentum continues in used retail & wholesale sales recovery
File photo of EchoPark location in Charlotte, N.C. EchoPark and its parent, Sonic Automotive, are seeing continued improvements in used-car sales this month.Photo by Joe Overby.
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Wednesday, May. 20, 2020, 08:45 PM
Joe Overby, Senior Editor
CARY, N.C. -
Through Sunday, month-to-date used-vehicle retail sales for franchised dealers are off 15% from pre-virus forecasts, according to J.D. Power. But there’s actually some good news to unpack from that, including one particular retailer that anticipates being back to original expectations for used sales by July. Here is that silver lining from J.D. Power: Not only is […]