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TAG SEARCH RESULT: Black Book

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August 9, 2016 - Industry News

Black Book: Most Used-Vehicle Segments Show 'Slightly Better' Retention in July

The average price of a used vehicle for model years 2011-2015 depreciated 1.5%, slightly less than last month (1.7%) but slightly higher than a year ago (1.4%), according to Black Book.

Tags: Black Book, Report, Used Vehicle, Value Retention, Vehicle Value

July 13, 2016 - Industry News

Outkazt Media to Distribute Black Book's Bullseye Prospecting Tool

Black Book has signed another distribution agreement with a marketing agency. This time, the vehicle valuation firm has teamed with Outkazt Media, which will leverage Black Book’s Bullseye Prospecting solution in dealer marketing campaigns.

Tags: Black Book, Bullseye Prospecting, digital marketing, Email Campaign, online advertising

July 13, 2016 - Industry News

Used Vehicles Depreciate 1.7% in June, Black Book Reports

The average price of a used vehicle for model years 2011-2015 depreciated 1.7% in June, according to Black Book. On a year-over-year basis, these vehicles fell 15.4% in value.

Tags: Black Book, depreciation, Pricing, used vehicles

June 22, 2016 - Industry News

Black Book: Depreciation Rates Showing Consistency

Over the last four weeks, depreciation rates for both cars and trucks have begun to show some consistency, according to Black Book, with truck depreciation picking up from the spring season.

Tags: Black Book, Used-Car Values, vehicle depreciation

May 31, 2016 - Industry News

Gauss Digital Marketing to Distribute Black Book's Bullseye Prospecting Solution

Black Book's distribution agreement with Gauss Digital Marketing will help expand the footprint of its new Bullseye Prospecting solution, a turnkey platform for dealer marketing campaigns.

Tags: Black Book, Bullseye Prospecting, Gauss Digital Marketing

May 17, 2016 - Industry News

Black Book Releases Residual Forecast on Three-Year-Old Vehicles

The forecast shows that residuals on an average three-year-old vehicle will dip from the current three-year retention of 52% in 2016 to 47.8% by 2019. Increased used supply in the marketplace is the main culprit of slipping retention rates this year, the firm said.

Tags: Black Book, residual values, used-vehicle values

May 9, 2016 - Industry News

HP360 to Distribute Black Book's Bullseye Prospecting Solution

Black Book's distribution agreement with HP360 will help expand the footprint of its new Bullseye Prospecting solution, a turnkey platform for dealer marketing campaigns.

Tags: Black Book, Bullseye Prospecting, HP360, marketing

April 20, 2016 - Industry News

Black Book Becomes Exclusive Partner of Auction Simplified

Black Book announced today it is now the exclusive provider of vehicle valuation data for Auction Simplified, an online auction service that allows dealers to instantly make vehicle inventory available to wholesale buyers.

Tags: Auction Simplified, Auto Auctions, Black Book, Partnership

April 12, 2016 - Industry News

Vehicle Depreciation Accelerates in Q1, Black Book Reports

The acceleration in vehicle depreciation during the first quarter points to the market reaching the peak of spring, Black Book said this week. While many segments saw noticeable spikes in depreciation, the firm noted, some segments experienced increases in value during the quarter.

Tags: Black Book, depreciation, used vehicles, Used-Vehicle Value

April 6, 2016 - Industry News

ProMax to Distribute Black Book's New Bullseye Prospecting Solution

Black Book's distribution agreement with ProMax will help expand the footprint of its new Bullseye Prospecting solution, a turnkey platform for dealer marketing campaigns.

Tags: Black Book, Bullseye Prospecting, marketing, ProMax

March 29, 2016 - Industry News

Black Book's New Solution Aims to Lower Customer Campaign Costs

In an automotive climate where dealer profits are shrinking and vehicle advertising costs remain high, Black Book's new solution aims to reel in advertising campaign costs to help dealers maintain profitability.

Tags: Black Book, Bullseye Prospecting, Customer Campaign, Vehicle Advertising

March 23, 2016 - Industry News

Black Book, Fitch Predict Vehicle Depreciation Will Reach 15% in 2016

In a joint report issued this week, the two firms said increased supply and incentives will drive higher depreciation in 2016. Auto ABS performance will face pressure, but no material concerns, the firms say.

Tags: Black Book, new-vehicle sales, used-vehicle sales, vehicle depreciation

March 15, 2016 - Industry News

Black Book Becomes Exclusive Partner to DRIVIN

By leveraging Black Book’s pricing information, DRIVIN will create used-car trends and analysis to educate and help dealers make smarter buying decisions.

Tags: Black Book, DRIVIN, software, Vehicle Valuation

March 8, 2016 - Industry News

Black Book: Mid-Size Cars See No Depreciation in February

The vehicle information firm reported that all segments reviewed showed less than 2.7% depreciation except for full-size pickups.

Tags: Black Book, vehicle depreciation

January 14, 2016 - Industry News

Hearst Promotes Black Book's Cross to Group Head of Transportation

Tom Cross was named executive vice president and deputy group head of transportation for Hearst Business Media. He will retain his title of president of Black Book and will continue to report to Hearst President Richard P. Malloch.

Tags: Black Book, executive vice president, Promotion

October 14, 2015 - Industry News

Volkswagen Diesels Showing Higher Depreciation

According to the vehicle pricing firm, Volkswagen diesel models are already showing higher depreciation than their comparable gasoline-powered models.

Tags: Black Book, Diesel Powered, Volkswagen

October 13, 2015 - Industry News

Depreciation On Pace to Reach 14% by Year-End, Black Book Reports

The vehicle-pricing firm reported today that the pace of depreciation in September remained relatively unchanged from August. It expects average depreciation to approach pre-recession levels by year-end.

Tags: Black Book, used vehicles, vehicle depreciation

September 22, 2015 - Industry News

Black Book Identifies Underwriting Strategies for Lenders

In order to manage risk levels and achieve ongoing profitability, lenders need to use collateral and residuals in the underwriting process. That’s according to a new whitepaper from Black Book’s Lender Solutions division.

Tags: Auto Loan Terms, Black Book, lenders, underwriting and collections, White Paper

July 15, 2015 - Industry News

Ricky Beggs Receives NIADA’s Ring of Honor Award

Ricky Beggs, who previously served as Black Book's senior vice president, was honored as the newest member of the National Independent Automobile Dealers Association's prestigious Ring of Honor.

Tags: Black Book, National Independent Automobile Dealers Associatio, NIADA, Ricky Beggs

May 27, 2015 - Industry News

Black Book Releases Spanish Version of Mobile App

Black Book has launched a version of its mobile app for Spanish-speaking dealers, remarketers and other automotive professionals called Black Book Digital en Español.

Tags: Black Book, Dealership, mobile app, remarketing

May 7, 2015 - Industry News

Used-Vehicle Depreciation Remains Unchanged in April

The average price of a used vehicle for model years 2009–2013 remained unchanged in April, according to data from Black Book.

Tags: Black Book, used car sales, vehicle depreciation

April 14, 2015 - Industry News

Black Book Adds VP of Lender Solutions

Black Book has selected Barrett Teague to serve as vice president of its Lender Solutions business.

Tags: Black Book, employment, hiring, lenders

April 9, 2015 - Industry News

Larger Vehicles in Demand this Spring, Black Book Reports

Larger cars were more in demand this tax season, potentially as a result of low gas prices and improved overall strength in the broader economy.

Tags: Black Book, vehicle depreciation

March 24, 2015 - Industry News

Black Book Adds Chief Technology Officer and Senior VP

Laird Popkin has been appointed to the newly created role of chief technology officer and senior vice president. He will be responsible for all product development and IT operations.

Tags: Black Book, employment, hiring

March 10, 2015 - Industry News

SUV Values Strengthened by Winter Weather, Black Book Data Shows

Compact SUVs retained the most value in February thanks to cold weather, according to analysts at Black Book. The average price of 2009 to 2013 model year vehicles depreciated by 1.2% during the month.

Tags: Black Book, used car sales, vehicle depreciation