David Mondragon on the Health of the Automotive Market

The automotive industry is preparing for massive change with far-reaching structural and economic implications for our dealers and workforce. On the surface, key economic drivers remain well positioned for growth. Market indicators that should be high are high, and indicators that should be low are low. Consumer confidence is at a seven-year high, the stock market is at an all-time high, and housing starts are up from prior year … a leading indicator for truck sales. Average gas prices remain well below $2.50 per gallon, unemployment remains low, inflation and interest rates are low … all signs of a...

Read More