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Newsby StaffSeptember 14, 2021

Weekly Market Update: Insights Report

Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.

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Newsby StaffSeptember 14, 2021

New-Vehicle Prices Surge to Record Highs for Fifth Straight Month

At $43,355, the average new-vehicle transaction price hit a record high in August 2021 for the fifth consecutive month, according to Kelley Blue Book.

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Newsby StaffSeptember 13, 2021

LexisNexis Risk Solutions Teams with Kia America to Unlock the Power of ADAS for Kia Customers Shopping for Insurance

Enhanced vehicle build data enables U.S. auto insurers to better assess risk reduction and potentially reward drivers of Kia vehicles that have driver assistance features.

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Newsby StaffSeptember 9, 2021

Specialty Market Update

The Vintage Pickup Truck segment was originally limited to pickups, but has recently expanded to include collectible SUVs, many of which were constructed on a modified truck chassis.

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Newsby StaffSeptember 9, 2021

Interest in EVs has Tripled – How can Automakers Take Advantage?

More than a third of U.S. consumers are now considering an EV, according to new Ipsos data.

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Newsby StaffSeptember 9, 2021

Mexico Expects US to Comply with Rules in New North American Trade Pact

The countries are at odds over a USMCA requirement that auto manufacturers to meet a 75% threshold for North American content for vehicles to qualify for tariff-free trade within the region. 

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Newsby StaffSeptember 9, 2021

Tekion Approved by Toyota Motor North America in Its Toyota DMS Integration Program

Toyota and Lexus franchise dealers can now leverage Tekion’s Automotive Retail Cloud to provide best-in-class, seamless experiences for sales and service consumers.

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Newsby StaffSeptember 9, 2021

Manufacturers Hopeful That Chip Supply Will Improve in Q4

Though forecasts predict the global semiconductor shortage may not right itself until 2023, vehicle manufacturers express hope for improvement in Quarter 4.

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Newsby StaffSeptember 9, 2021

Dealers Clean Up After Hurricane Hits

Hurricane Ida damages vehicles at New Jersey and Louisiana dealerships. 

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Newsby StaffSeptember 8, 2021

Cox Automotive: Auto Market Weekly Summary

The slowing auto market will lead Cox Automotive to revise downward its full-year new-vehicle sales forecast.

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