Black Book: Weekly Market Update
Most car and truck segments fell during a week of economic disruption.
Alll 13 truck segments fell last week.
Black Book
The wholesale market reflected a week of uncertainty on the East Coast brought by Hurricane Helene and the short-lived port workers strike bringing volatility. Black Book examines the effects in its weekly report.
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Rare Earths Independence
Automakers seek alternatives to sourcing battery raw materials in volatile markets roiled by trade wars and disrupted supply chains.
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Volvo Appoints President and CEO
Klaus Zellmer will replace Håkan Samuelsson as president and CEO of Volvo Cars in 2027 as the company makes strategic shifts toward profitability and cash generation.
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Fix Up Your Fixed Ops
The department may hold untapped potential for your dealership. This issue of the magazine shares ways to unearth it and turn it around for more profits.
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Easier EV Charging Touted
Wireless charging pad provides automatic powering by just parking, says its maker, which sees a cable-free charger future as global EV demand grows.
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Vehicle Ownership Costs Rising
Fuel prices, car prices and depreciation are all factors for new vehicles, and this year’s average annual numbers are up with the inclusion of electrics and hybrids.
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Toyota Tops Longevity List
Toyota, Lexus, Honda and Acura came out on top in iSeeCars’ latest longest-lasting car brand study, all eclipsing the overall average chance of reaching 250,000 miles.
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From Military Service to Service Bay
Shifting Gears aims to alleviate the strain caused by the auto industry’s technician shortage while easing the sometimes jarring transition that veterans face after leaving the Army.
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European EV Sales Skyrocket
The EV market on the continent held strong in July with almost 25% of new-car sales being fully electric units, a stark contrast to the U.S., where EV sales declined about 42%.
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Service on Wheels
More auto dealerships are offering mobile servicing for today’s convenience-minded consumers to boost business and stand out from competition, though it may not fit every store.
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Luxury Auto Group Sells San Diego Stores
A major U.S. luxury automotive group, O’Gara Coach, sold its rooftops in La Jolla, a coastal neighborhood in San Diego, Calif.
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