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Newsby StaffApril 27, 2022

Microchip Supply Shortage Continues to Hamper Vehicle Production

The ongoing microchip supply shortage has caused automakers to trim 87,500 more vehicles from their production forecasts, reports AutoForecast Solutions.

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Newsby StaffApril 26, 2022

Broken Vehicle Recall System Puts Unsuspecting Dealers at Risk

"Safety Recalls: State of the Retail Industry" details threats, opportunities for how automotive retailers handle vehicle safety recall management.

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Newsby StaffApril 26, 2022

ZeroSum Market First Report: April 2022 Automotive Inventory Data and Sales Forecasts

The consistency of new vehicle inventory levels over the last six months suggests that the industry is readjusting to a ‘new normal’ level of inventory while increasing vehicle prices indicate low inventory levels continue to generate strong gross for dealers and profit for OEMs.

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Newsby StaffApril 26, 2022

Cox Automotive: Car Buyers Report Higher Satisfaction When Using Digital Financing Tools

Cox Automotive has been researching the car-buying process for 12 years and, with the release of this new study, is diving into the financing aspect of the car buying process for the first time.

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Newsby StaffApril 26, 2022

Black Book: Weekly Market Update

The car market continued its ascent last week, with the rate of gain accelerating to 0.23%, larger than the typical increase for this time of year.

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Newsby StaffApril 21, 2022

Black Book: Specialty Market Updates

The big picture has not changed much from last month to now; overall prices are increasing, but by much smaller amounts than we have seen since the pandemic began a little over two years ago.

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Newsby StaffApril 21, 2022

Capital Automotive Group Launches RideShift, A New Fully Online Car Buying Solution

RideShift, the e-commerce brand powered by Capital Automotive Group, offers customers in the Carolinas and nation-wide a fully automated, shop-to-buy-to-delivery experience in a matter of minutes.

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Newsby StaffApril 21, 2022

LMP Automotive Holdings Receives Notification of Deficiency from Nasdaq

The Nasdaq notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market.

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Newsby StaffApril 21, 2022

Wrapmate Unveils Commercial Dealership Program for Dealers Nationwide

Packed with Wrapmate's proprietary core technology, this program offers dealerships an end-to-end ordering platform that creates a seamless, digital experience for dealers to sell vehicle graphics of all sizes directly to customers at the point of vehicle purchase.

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Newsby StaffApril 20, 2022

Cox Automotive: 10 Takeaways from U.S. Auto Sales in Q1 2022

The team at Kelley Blue Book has assembled two broad reports from the first quarter: One is a look across industry-wide U.S. sales in Q1, the other a narrow review of electrified vehicle sales in the U.S., the combined sales of hybrids, plug-in hybrids and EVs.

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