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Newsby StaffOctober 5, 2021

autoniq Launches Wholesale Index, Helping Dealers Make Data-Backed Selling Decisions

With the new digital tool, dealers can see a quick summary showcasing the average local wholesale transaction price and average mileage of a specific vehicle’s make, model, year and trim.

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Newsby StaffOctober 5, 2021

Weekly Market Insights Report

As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.

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Newsby StaffOctober 5, 2021

Consolidation Continues with Asbury’s Pending Miller Acquisition

Asbury adds to the auto retail megadeals trend with its pending acquisition of Larry H. Miller Dealerships.

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Newsby StaffOctober 5, 2021

Will GM’s Dominance End Over Chip Shortage?

GM sales fall short of Toyota Motor Corp. over two consecutive quarters.

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Newsby StaffOctober 4, 2021

POLL: Americans Display Concern, Optimism with Financial Well-Being

Overall, recent polling indicates more Americans are feeling better about the quality of their financial life now, relative to their expectations, compared to the end of 2020.

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Newsby StaffOctober 4, 2021

AutoPayPlus by US Equity Advantage Earns Top Auto Industry Award

Company sweeps the biweekly payments category for seventh consecutive year.

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Newsby StaffSeptember 30, 2021

FordDirect and ComplyAuto Team Up to Tackle Privacy and Security Needs of Ford and Lincoln Dealerships

Leading dealer-owned compliance and privacy tech startup to offer important compliance solutions to Ford and Lincoln dealers in first manufacturer partnership.

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Newsby StaffSeptember 30, 2021

automotiveMastermind Helps Dealers Drive Sales & Acquire Inventory from Untapped Sources Amid Ongoing Inventory Shortages

Enhanced offerings let dealers tap into new sales and acquisition opportunities across their service, conquest and loyalty portfolios.

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Newsby StaffSeptember 30, 2021

Average Age of Vehicles on the Road Increases

IHS Markit finds the average age of a car on U.S. roads rose to 12.1 years in 2021, up from 11.9 years in 2020. In comparison, the average age was 9.6 years in 2002.

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Newsby StaffSeptember 30, 2021

New Vehicle Sales to Fall 25% in U.S.

U.S. new vehicle retail sales are expected to drop 888,900 units in September, from 1,182,788 a year ago.

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