China Auto Gross Sales To Hit 27 5 Million In 2022, Up 54per Cent

But new and used automobile dealerships are likely to have each completely different kinds of inventory and different demographics of patrons. The average transaction worth for a new automobile in October rose 12.9% year over 12 months, according to Kelley Blue Book. Inventory turnover is a monetary ratio that measures an organization’s efficiency in managing its inventory of goods.

auto market

The U.S., Germany, France, and China have applied stringent government laws and rules for vehicular emission, making it mandatory for the automobile manufacturers to use superior technologies to fight high-emission levels in automobiles. A program launched by California Air Resources Board …

Continue Reading