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Newsby StaffJuly 29, 2021

National Auto Care Announces Key Hire in M&A Role

The Director of Corporate Development is a new role for NAC, an award-winning F&I provider that announced four agency acquisitions in 2020, with more slated for 2021.

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Newsby StaffJuly 29, 2021

Electrified Vehicle Sales Accelerate in Q2

The U.S. auto market has seen growth this year in nearly every segment, but no segment is growing more quickly and more relentlessly than electrified vehicles.

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Newsby StaffJuly 29, 2021

Lithia Motors Predicts End to New-Vehicle Shortage  

“We expect inventories to continue to normalize throughout the back half of 2021 and in the first part of 2022,” said Chris Holzshu, Lithia chief operating officer, in an earnings conference call.

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Newsby StaffJuly 29, 2021

Biden to Resurrect Obama-era Push to Green Auto Mileage Standards

President Joe Biden has proposed a return to aggressive Obama-era vehicle mileage standards over five years.

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Newsby StaffJuly 27, 2021

TRADE X Secures $35 Million in New Equity Financing for Global Expansion

The new capital will fuel TRADE X's growth strategy and drive forward its mission of eliminating barriers to buying and selling pre-owned vehicles across international borders.

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Newsby StaffJuly 27, 2021

Black Book: Market Insights Report

While this is the fourth consecutive week of declining wholesale values, decreases are still relatively modest compared to year-to-date gains.

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Newsby StaffJuly 27, 2021

Digital Air Strike Launches Innovative Sales Boost Solution

Sales Boost focuses on partnering with automotive, RV, marine, powersports, and motorcycle dealers to leverage patented technology, data, and analytics, to ensure consumers receive timely follow-up to increase profits and unit sales.

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Newsby StaffJuly 27, 2021

Industry Survey Shows Just How Much Dealer Business Models Have Changed Since the Pandemic

Digital retailing, digital advertising & how customers budget their payments are just a few ways dealers have had to adapt over the last year.

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Newsby StaffJuly 27, 2021

Cadillac: Our Future is Electric

Cadillac announces that every new or redesigned vehicle in North America will be electric to fulfill the luxury brand’s role as General Motors’ lead EV brand.

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Newsby StaffJuly 22, 2021

Carketa Joins CDK Global Partner Program

Carketa is now part of a marketplace of applications and integration that CDK Global developed to help automotive dealers succeed.

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