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Newsby StaffNovember 9, 2022

Analysts Bullish About Porsche AG After IPO

Goldman Sachs, JPMorgan, Chase & Co., Citigroup and Deutsche Bank analysts rated the luxury automaker as a buy or equivalent this week.

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Newsby StaffNovember 9, 2022

Nissan Raises Profit Outlook

The Japanese automaker forecasts operating profit for the fiscal year will hit 360 billion yen ($2.5 billion), up 100 billion yen from its July forecast.

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Newsby StaffNovember 9, 2022

Mitsubishi Corp. Predicts Record Net Profit

Mitsubishi Corp. has raised its full-year net profit forecast by 21% to a record 1.03 trillion yen ($7 billion).

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Newsby StaffNovember 9, 2022

Used Wholesale Car Prices Continue Fall

October reflects multimonth decline.

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Newsby StaffNovember 8, 2022

Industry Summit Begins on Sunday – Register for Your Free Pass Now

100 active auto dealers, dealership general managers, sales managers and directors who register for this year’s event online will receive their full show pass for no charge.

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Newsby StaffNovember 8, 2022

Black Book: Market Insights Report

The Estimated Average Weekly Sales Rate dropped to 53% last week.

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Newsby StaffNovember 8, 2022

Credit Card and Personal Loan Balances Reach Record Levels as Consumers Navigate High Inflation, Rising Interest Rates

Q3 2022 TransUnion Credit Industry Insights Report explores latest credit trends.

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Newsby StaffNovember 8, 2022

Catalytic Converter Theft Ring Targeted

Federal, state and local authorities make arrests, seize property across the U.S.

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Newsby StaffNovember 8, 2022

Vroom Cuts Losses in Q3

Vehicle retailer trims costs, increases profit per vehicle.

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Newsby StaffNovember 7, 2022

Dealer Image Pro/Rapid Recon Integration Improves Time to Market for Dealer Reconditioned Cars

Dealers can now get reconditioned vehicles front line-ready faster and boost sales.

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