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Fewer Fleet Sales Lower SAAR

Monday, 26 June 2017 18:22

New-vehicle sales are expected to fall nearly 4 percent year-over-year to a total of 1.46 million units in June, resulting in an estimated 16.3 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book.
June would represent the fourth month in a row for under 17 million SAAR, the longest period since a six-month streak from September 2014 through February 2015. After a record year of sales in 2016 and seven consecutive year-over-year sales increases, Kelley Blue Book’s forecast for 2017 calls for sales in the range of 16.8 million to 17.3 million units, which represents a 1 to 4 percent decrease from last year.
New light-vehicle sales, including fleet, are expected to hit 1,460,000 units, down 3.6 percent compared to June 2016 and down 3.5 percent from May.
Retail sales are expected to account for 79.7 percent of volume in June, slightly up from 79.4 percent in June 2016.

GWC Hires Product Manager

Monday, 26 June 2017 18:22

GWC Warranty announced the addition of Andrew Roke as its new product manager.
    As a member of the marketing department, Roke will be responsible for managing GWC's suite of products while evaluating new opportunities for product enhancements.   
    Prior to joining GWC, Roke held several positions in operations and marketing product management. Most recently, he held the position of strategic product manager for Cornell Cookson in Mountain Top, Pa.   
    Roke is a 2011 graduate of Misericordia University in Dallas, Pa., with a bachelor's degree in business management. He also holds a Master of business administration from Marywood University in Scranton.

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