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Newsby StaffJune 2, 2022

Brown & Brown, Inc. Announces the Acquisition of Dealer Specialties Group Corp. by Brown & Brown Dealer Services

Dealer Specialties is an independent sales and service organization providing F&I products and sales support to automotive and powersport dealers primarily in New York state.

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Newsby StaffJune 2, 2022

Though EV Sales Will Triple by 2025, More Will Be Needed to Reach Net Zero

The window to get the world’s road emissions to carbon neutrality by 2050 is ‘closing quickly,’ BloombergNEF (BNEF) says in its latest Electric Vehicle Outlook.

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Newsby StaffJune 2, 2022

May Light Vehicle Sales Results Show Double-Digit Declines

The seasonally adjusted, annualized rate of sales fell to 12.81 million in May, according to Motor Intelligence.

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Newsby StaffJune 1, 2022

Cox Automotive: Surging Gas Prices Drive Shopping for Electrified Vehicles

Gas prices hit an all-time high of a national average of $4.67 on June 1, driving consumers to consider electric vehicles, hybrids and smaller, more fuel-efficient gas-powered models.

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Newsby StaffJune 1, 2022

Black Book: Weekly Market Report

The Estimated Average Weekly Sales Rate has dropped down to 71% after several weeks of increases.

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Newsby StaffJune 1, 2022

Automakers Consider Lighter, Machine-Made Wire Harnesses

The shortage of traditional wire harnesses could accelerate automaker plans to move to lighter, machine-made harnesses used in EVs.

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Newsby StaffJune 1, 2022

Georgia Lands Two New EV Factories for the State

The state inked deals with Rivian and Hyundai Motor Group for two EV factories to bring in over $10 billion in auto industry investment and 15,000 assembly jobs.

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Newsby StaffMay 31, 2022

Former CFPB Assistant Director Rick Hackett Joins F&I Sentinel Advisory Board

Hackett helped lead the CFPB’s initial charter into the auto finance industry, tasked with guiding strategy for examining and investigating dealer participation programs.

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Newsby StaffMay 31, 2022

Traver Connect Announces Service BDC Capsule, Bringing Greater Visibility to BDC Success Metrics

With the mission of putting the power of business intelligence back into the hands of the BDC Manager, the launch of this all-in-one solution offers the most complete toolbox for service BDCs in the automotive industry to date.

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Newsby StaffMay 31, 2022

Solera Auto Finance Builds Momentum and Advances to 20 States

Powered by its robust offering, SAF continues to sign dealer agreements and fund loans.

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