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Editorial

Newsby StaffSeptember 20, 2021

Record Profits, Cash Flow and Demand Drove Historic Valuations and Transactions in Q2 Auto Dealership Buy/Sell Market

Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.

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Newsby StaffSeptember 20, 2021

U.S. Retail Sales Increase in August

The U.S. Commerce department reported the uptick of 0.7% in retail sales.

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Newsby StaffSeptember 16, 2021

Jason Stein Joins motormindz as President & Corporate Development Officer

Stein will play an integral role in expanding the motormindz global footprint and launching its venture fund, which will identify and accelerate business solutions for a rapidly changing automotive industry.

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Newsby StaffSeptember 16, 2021

Manheim Delivers Process Improvement Solution for Commercial Clients

Client shared services center meets clients’ needs for easier, faster post-sale operations.

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Newsby StaffSeptember 16, 2021

ADESA Streamlines OBD2 Scans Through New Inspection Process

Inspections at ADESA Vehicle Logistics Centers will include emissions codes more clearly displayed on condition reports.

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Newsby StaffSeptember 16, 2021

Sodium-ion Batteries Bring EV Costs Down and Push Safety Up

This less expensive and safer battery technology will lower the prices of EVs and make them more accessible to price-conscious consumers and resource-constrained nations.

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Newsby StaffSeptember 14, 2021

GM Resumes Silverado, Sierra Production Amid Chip Crisis

General Motors will extend production cuts at crossover, midsize pickup and sedan plants because of the semiconductor chip shortage but will resume full-size pickup production on Monday.

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Newsby StaffSeptember 14, 2021

Toyota and Honda Criticize EV Proposal that Favors Union Plants

The companies sharply criticized a Democrat proposal in the U.S. House of Representatives to give union-made electric vehicles an additional $4,500 tax incentive.

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Newsby StaffSeptember 14, 2021

Ford Ceasing Local Manufacturing is a Major Blow to Indian Automotive Industry

Following the news that automaker Ford announced to shut down both its vehicle manufacturing factories in India, GlobalData offers an update.

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Newsby StaffSeptember 14, 2021

F&I Product Trends and Outlook

Report by Protective Asset Protection illustrates how the pandemic has reshaped F&I product strategies for dealers in 2021.

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