October Pace Holds, Payments Hit Record
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October Pace Holds, Payments Hit Record
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Sales volume isn't moving much this October, but the money underneath it is. J.D. Power's forecast has the industry buying its way to flat, with a record average payment and incentive spending up more than thirteen percent. The episode covers that math alongside a buy-sell in Asheville from CBT News, a quarter-million-vehicle power steering recall from Automotive Dive, and NADA's election of only its second female chair in the association's history, reported by Auto Remarketing. Marketing gets its own stretch too, from a dealership discoverability story to Sytner's UK profit slide and Copart's expanding reach into commercial consignment. A run of manufacturing moves, from Ford Canada's new chief executive to a Michigan plant closure, rounds out the morning. None of it changes what a desk does Monday morning, but it tells you where the margin is thinning. Links to everything referenced in this episode: goautonomi.com/naomi